U.S. will regret sanctions

U.S. will regret sanctions

Each of those countries has already demonstrated significant reductions of the purchase of Iranian crude over the past six months, and indeed two of those eight have already completely ended imports of Iranian crude and will not resume as long as the sanctions regime remains in place.

The U.S. sanctions had threatened India's ability to obtain financing for the development of Chabahar, which could potentially end Afghanistan's dependence on Pakistan's port of Karachi.

India has warm relations with Iran and has joined China and European powers in saying it was not obligated to comply with the unilateral USA sanctions, although it has sought to appease Washington by curbing some of its Iranian oil imports.

Meanwhile, US ambassador to Afghanistan John Bass said the US has, after extensive consideration, provided an exception under the Iran Freedom and Counter-Proliferation Act.

US President Donald Trump's administration in May reinstated all sanctions lifted under the 2015 nuclear deal, targeting both Iran and countries that trade with it in oil, financial transactions with its Central Bank and the country's port sector.

India has invested $500 million (approximately Rs 3,600 crore at current exchange rate) in the Chabahar project, which will connect the country with Afghanistan and Central Asia, bypassing Pakistan. "These activities are vital for the ongoing support of Afghanistan's growth and humanitarian relief", the spokesman said.

More news: Driver charged in toddler deaths in Brooklyn crosswalk kills herself
More news: It looks like PlayerUnknown's Battlegrounds is coming to PlayStation 4 next month
More news: Democrats Pick Up Governorships but Lose Florida and Ohio

Zahedan is also in Iran but closer to the Afghanistan border.

"The president's [Donald Trump's] South Asia strategy underscores our ongoing support of Afghanistan's economic growth and development as well as our close partnership with India", said the official.

The Persian version said the U.S. "will regret this unwise move" and emphasised that the sanctions were aimed at "separating people from each other and from the establishment".

New Delhi has poured $2 billion into development in Afghanistan since the 2001 US -led overthrow of the Taliban government.

Aparna Pande of Houston Institute think-tank said that to give an exemption to India's development of Chabahar port was a welcome decision that comes on the heels of the U.S. granting India - along with a few others - a waiver and temporarily allowing these countries to import oil in reduced quantities from Iran. This administration doesn't consider its own national interests; it only serves a small group.

Rick Rossow of the Center for Strategic and International Studies said: "Chabahar's role to transport key logistics to Afghanistan will continue to grow over time". Meanwhile, the USA government forecast that its own oil output will increase at a record pace this year.

Related Articles

  • FDA Approves DSUVIA Sublingual Synthetic Opioid Formulation & Delivery System

    FDA Approves DSUVIA Sublingual Synthetic Opioid Formulation & Delivery System

    The lead agent in that hotel room was Spencer Morrison, of the Food and Drug Administration's Office of Criminal Investigations. On October 12-so, not that long ago-AcelRx brought its sufentanil tablet Dsuvia before an FDA advisory committee.
    Justin Rose ready to enjoy being top of the world this time

    Justin Rose ready to enjoy being top of the world this time

    It was the 21st victory worldwide for Rose and the first time he had successfully defended a title. Now arguably the most consistent player on the planet wants one weekend of magic.
    Michigan Voters Legalize Marijuana

    Michigan Voters Legalize Marijuana

    Governor Gary Herbert has said he would call a special legislative session to take up that proposed law later this month. This vote to legalize recreational marijuana in MI comes just 10 years after MI voters approved medical marijuana.
  • Harvick makes Championship 4 with OT win at Texas

    Harvick makes Championship 4 with OT win at Texas

    After the first of the late restarts, Harvick was on the inside and was able to keep Blaney from clearing him on the backstretch. The No. 22 Ford would eventually pit on Lap 153, and Harvick would move to the front again with 10 laps to go in the stage.
    6 held for allegedly plotting to attack French leader Emmanuel Macron

    6 held for allegedly plotting to attack French leader Emmanuel Macron

    The French president recalled that the European Union is a unique project of peace and prosperity in the world's history. Petain died in prison in 1951 at the age of 95.
    Red Dead Redemption 2 glitch allows players to explore Mexico

    Red Dead Redemption 2 glitch allows players to explore Mexico

    If the player fails any portion of the mission they should abandon and restart mission, or load a save before the mission failed. Red Dead Redemption 2 is out now on PlayStation 4 and Xbox One, for more information check out the game's official website .
  • Papa Gino’s pizza chain closes all but one location in CT

    Papa Gino’s pizza chain closes all but one location in CT

    The company said it closed 95 underperforming stores on Sunday to begin the process of restructuring. The company said it would try and move affected employees to restaurants still operating.
    Pompeo says he will meet North Korea's no. 2 in NY

    Pompeo says he will meet North Korea's no. 2 in NY

    Vice Foreign Minister Choe Son Hui is expected to accompany Kim Yong Chol , who is likely to visit NY for talks with U.S. Decisions over major military exercises for next year are expected to be made by the end of the year.

    How Ron DeSantis won Florida governor

    Gravis gives Gillum a 1-point advantage, NBC News/Marist shows him up by 4, Quinnipiac by 7, HarrisX by 4, Emerson by 5, and St. As for the Democrats, DeSantis' win will likely leave the party in shambles, after so much talk of a "blue wave".
  • Dead man wins election in the US

    Dead man wins election in the US

    The 36th Assembly District is situated in the south portion of Nevada, and includes portions of Nye, Lincoln, and Clark counties. The Nevada Independent has called the Assembly District 36 race for deceased Republican brothel owner Dennis Hof .
    Romelu Lukaku left out of Manchester United squad against Bournemouth

    Romelu Lukaku left out of Manchester United squad against Bournemouth

    Mourinho has given him many, many minutes, but I believe he is at an age now where if he's not starting he'll be disappointed. Manchester United midfielder Ander Herrera could be on the move as early as January, The Sun are reporting.
    Adele shares throwback picture to celebrate Spice Girls reunion tour

    Adele shares throwback picture to celebrate Spice Girls reunion tour

    The girls added that not taking part puts Posh in a very unique position: "She is very excited for us, and it's going to be odd ". Emma said they would be "celebrating for the women who were around when we came out.it's going to be very special".