Chabahar Port

In a significant move, an Indian delegation met Afghanistan's acting Defence Minister Mullah Mohammad Yaqoob and offered the use of Chabahar Port in Iran to businesses in his country, and also discussed extending humanitarian assistance to Kabul. The delegation was led by J P Singh, the Joint Secretary of the Pakistan-Afghanistan-Iran division in the External Affairs Ministry. During a weekly media briefing here, External Affairs Ministry spokesman Randhir Jaiswal said that apart from Mohammad Yaqoob, the delegation also met with former President Hamid Karzai and other senior ministers, along with the heads of UN agencies. "They had discussions on India's humanitarian assistance, also how the Chabahar Port can be utilised by the business community in Afghanistan for transactions and for export and import and any other thing that they would like to do," Jaiswal said in response to a question. India does not recognise the Taliban regime that has been ruling Afghanistan since 2021. I

Prime Minister Narendra Modi and Iran's President Dr Masoud Pezeshkian discussed regional connectivity and West Asia conflict. PM Modi also extended a formal invitation to Pezeshkian to visit India

This will be the third international port operations by India after Chabahar in Iran and Sittwe in Myanmar and will be managed by IPGL

Iran has fewer maritime trade partners compared to India

The 7,200 km INSTC project was conceived in 2002 to reduce the time and cost of moving cargo from India to Russia via Iran. More countries have now joined but the progress is very slow

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'

External Affairs Minister S Jaishankar said the Chabahar port would benefit the entire region and a narrow view should not be taken of it, after the US warned that any country having business dealings with Iran runs the "potential risk of sanctions". Speaking at a programme in Kolkata on Tuesday night, he said that in the past, even the US has been appreciative of the fact that the Chabahar port has a larger relevance. India on Monday signed a 10-year contract to operate the strategic Iranian port of Chabahar that will help New Delhi expand trade with Central Asia. "We had a long association with the Chabahar port but we could never sign a long-term agreement. The reason was there were various problems... Finally, we were able to sort this out and we were able to get the long-term agreement done. A long-term agreement is necessary because without it we cannot improve the port operations. And, the port operations, we believe, will benefit the entire region," Jaishankar said. "I did

Here is the best of Business Standard's opinion pieces for today

Gains from Chabahar deal go beyond logistics

With Russia's borders with Europe shut and Iran under sanctions, port to focus on Central Asia

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

Monday's agreement is expected to finally realise efforts by India to gain a strategic foothold in the region

Major issues ironed out; Iran agrees for arbitration at SIAC

India's plans with the port go beyond commercial interests, according to the Centre

India and Iran were set to sign a long-term agreement for the operation and management of the Chabahar Port on Monday

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