In a significant update from Iran, India’s Foreign Minister, Dr. S. J. Shankar, currently visiting, has unveiled a major development. India and Iran have officially signed a groundbreaking deal for the development of Iran’s chabahar port. This marks a historic moment as India’s first major foreign port project following extensive negotiations over the years.
Iran and India Ink Historic Agreement for Development of Chabahar Port
Iran’s Minister of Road and Urban Development and India’s Foreign Minister have sealed the deal to develop the chabahar port in the southeast of Iran. During a meeting today, the Iranian minister suggested forming a joint committee to enhance transit capacities between Iran and India through the north-south corridor. India’s Foreign Minister ,S. J. Shankar, also conveyed the country’s eagerness to foster new investments in transit and transportation collaboration with Iran.
India and Iran Strengthen Chabahar Port Governance with Signed Pact
He engaged in discussions with the transport minister, and presently, he’s in talks with the minister. The recently signed pact primarily concerns the governance of the Chabahar port. The initial agreement dates back to 2016, signed during the visit of the Indian Prime Minister to Tehran.
In this visit, the focus is on issues like contracts, legal formalities, and dispute resolution mechanisms in case of conflicts. The core concerns involve the Chabahar port, the situation in Afghanistan, a shared concern for both Iran and India, and the heightened attacks in the Red Sea, particularly affecting vessels with crew members – an issue of worry for India.
#chabahar port: india agreement #ashgabat agreement #chabahar agreement was signed between #chabahar port upsc
#chabahar port news
I am Atul Sharma, As a full-time blogger, my focus is on delivering news articles on this platform. Your visit to my blog is highly appreciated. Thank you!