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Iran demands India keep investing in Chabahar despite US sanctions and a looming April 26 waiver deadline
International
Published on 15 May 2026
A sanctions clock is ticking past April 26
Iranian Foreign Minister Abbas Araghchi called Chabahar Port a major symbol of India-Iran cooperation and urged Delhi to keep investing despite pressures from US sanctions. Speaking after the BRICS foreign ministers meeting, he also urged India to expand its diplomatic role in the Middle East to support regional stability. Behind the scenes, India is working with Iran on an arrangement to secure its interests as the US sanctions waiver for Chabahar is not expected to extend beyond April 26.
- Abbas Araghchi praised Chabahar as a key India-Iran cooperation symbol
- He urged India to continue investments despite US sanctions challenges
- Araghchi called for a larger Indian diplomatic role in the Middle East
- Chabahar waiver by the US is not expected to extend past April 26
- India is discussing an arrangement with Iran and a local ports authority
- The plan aims to transfer the right back to India after sanctions lift
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times