After the Chabhahar rail project Iran has decided to go alone in Farzad B gas project, the reson for this cited by the Indian government is Iran’s precarious finances, US sanctions and policy changes by the Iranian government. This is major setback for India as India’s Strategic interest will take a hit in this region due to cancellation of this project. This news is related to the topic, Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora of GS 2. Effect on India’s strategic and security concerns due cancellation of this project and future of India-Iran relations can be important for mains.
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