India, Sept. 20 -- The Ministry of External Affairs (MEA) on Friday said that India is assessing the implications of the United States' decision to revoke the sanctions waiver that had allowed New Delhi to operate the Chabahar Port project in Iran.

"We have seen the press statement which was issued by the US side on Thursday on the revocation of the sanctions waiver that applies to Chabahar Port. We are presently examining the implications that this revocation has for India," MEA spokesperson Randhir Jaiswal told during a press briefing.

The move comes after the US State Department announced that it is terminating the special exemption that was granted to India in 2018 to develop and operate the Iranian port. The waiver, initially provi...