Prime Minister Narendra Modi termed India signing a contract to operate the strategic Iranian port of Chabahar as an important milestone and said New Delhi will work to provide connectivity to landlocked Afghanistan and Central Asia region to promote trade and commerce. In an interview to PTI, he said India will work to promote regional connectivity, trade and commerce through not just the Chabahar port but also through the International North South Transport Corridor as also the India-Middle East-Europe Economic Corridor. Since coming to power in 2014, Modi said, his government gave precedence to Chabahar Port. "In 2016, during my visit to Iran, the trilateral agreement between India, Iran and Afghanistan was signed, in order to provide the much-needed connectivity to Afghanistan." An Indian company took over the port operations a few years ago, and since then it is being used by India to provide "humanitarian assistance to Afghanistan including wheat, pulses, pesticides, medical .
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal says the India-Iran long-term agreement for operating the Chabahar port could become a template for future port pacts
After India and Iran signed a long-term deal for running the Chabahar port, the US warned that any country having business dealings with Tehran ran the 'potential risk of sanctions'
India and Iran have signed a long-term contract for the operation of the Shahid Beheshti Port terminal at Chabahar in Iran
Any entity, anyone considering business deals with Iran, they need to be aware of the potential risk they are opening themselves up to, potential risk of sanctions, US State department said
Major issues ironed out; Iran agrees for arbitration at SIAC
India and Iran on Monday signed a long-term contract for the operation of the Shahid Beheshti Port terminal at Chabahar in Iran. The contract was signed by India Ports Global Ltd and Ports and Maritime Organisation of Iran in the presence Ports, Shipping and Waterways Minister Sarbananda Sonowal, according to a series of posts on X by the Indian Embassy in Iran. This is the first time India will take over the management of an overseas port. Speaking on the occasion, Sonowal said, "With the signature of this contract, we have laid the foundations of India's long-term involvement at Chabahar." Sonowal added that the signing of this contract will have a multiplier effect on the viability and visibility of Chabahar port. According to him, Chabahar is not only the closest Iranian port to India but it is also an excellent port from nautical point of view. Sonowal also held a meeting with his Iranian counterpart. Located in Sistan-Balochistan province on the energy-rich Iran's southern
The deal, significant for its potential impact on trade and geopolitics, had been in the works for years but had been stalled for various reasons
Chabahar Port will serve as a vital link connecting India to Afghanistan, Central Asia, and the broader Eurasian region
India and Iran on Monday signed a memorandum of understanding (MoU) mutually recognising certificates of competency in unlimited voyages of seafarers from both the nations.
The Chabahar Agreement was signed on May 23, 2016 in Tehran