US Issues Warning on Potential Sanctions After India, Iran Sign Chabahar Port Deal

“You’ve heard us say this in a number of instances, that any entity, anyone considering business deals with Iran, they need to be aware of the potential risk that they are opening themselves up to and the potential risk of sanctions,” Patel said. It is important to be cautious and informed when pursuing business deals with Iran and to understand the potential risks involved. Patel emphasized the need for awareness regarding the potential consequences and sanctions related to such business ventures.

This advisory aims to highlight the importance of being well-informed and conscious of the risks associated with engaging in business deals with Iran. Patel’s statement underscores the need for thorough consideration and understanding of potential liabilities before entering into any business agreements with Iran. The potential risks and repercussions of business dealings with Iran should be carefully evaluated by any entity or individual contemplating such ventures.

Patel stressed the significance of acknowledging these risks and the potential for sanctions before proceeding with any business arrangements involving Iran.