Business Standard

India takes over operations of part of Chabahar Port on Iran border

India started interacting with Iran on Chabahar Port around 2003

Fresh agreement between India, Iran may start operations at Chabahar Port

IANS New Delhi

The government on Monday announced that India has taken over the operations of a part of the Chabahar Port in Iran. It is first time it will be operating a port outside its territories.

The takeover of operations was done during the Chabahar Trilateral Agreement meeting between Indian, Iranian and Afghanistan's officials held on December 24, the Shipping Ministry said in a statement.

"This step marks the beginning of a long journey. India has written history with its engagement in Chabahar and is now leading the regional cooperation and joint efforts to support land-locked Afghanistan," it said.

While India started interacting with Iran on Chabahar Port around 2003, an MoU was signed between the two countries for the development of Chabahar Port in May 2015 which was later translated into a formal 10-year contract for equipping and operating the port.

 

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 07 2019 | 10:38 PM IST

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