India downplays US sanctions threat over Iran port deal

India’s foreign minister has said his company will work to communicate the benefits of a strategic port project in Iran, after the United States said Indian firms working on the project risked sanctions.

Iran and India this week signed a contract to develop and equip the long-stalled Chabahar port in an agreement that would give New Delhi 10 years of access to the facility, at a time when its government is seeking to grow trade in west and central Asia.