December 10, 2022


A basic view of a container terminal is seen at Mundra Port, one of many ports dealt with by India’s Adani Ports and Particular Financial Zone Ltd, within the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave/File Photograph

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BENGALURU, Oct 11 (Reuters) – India’s largest port operator Adani Ports and Particular Financial Zone (APSE.NS) stated on Monday that its terminals would not deal with export and import of container cargoes from Iran, Pakistan and Afghanistan from Nov. 15.

“This commerce advisory will apply to all terminals operated by (Adani Ports) and together with third celebration terminals at any (firm) port until additional discover,” Adani Ports, which is a part of the Adani Group conglomerate, stated in an announcement.

The corporate didn’t give a cause for its motion. “The port has issued it to the involved stakeholders,” an Adani Group spokesman stated with out giving some other particulars.

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The choice comes weeks after Indian officers seized practically three tonnes of heroin originating from Afghanistan price an estimated 200 billion rupees ($2.65 billion) from two containers at western Gujarat’s Mundra Port, run by Adani Ports. learn extra

On the seizure, Adani Ports had stated that port operators will not be allowed to look at containers and the corporate has “no policing authority over the containers or the hundreds of thousands of tonnes of cargo” that passes by way of the terminals at its ports.

($1 = 75.4030 Indian rupees)

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Reporting by Anuron Kumar Mitra in Bengaluru; Modifying by Arun Koyyur

Our Requirements: The Thomson Reuters Belief Rules.



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