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INDIA INKS 10-YEAR FEAL WITH IRAN TO MANAGE CHABAHAR PORT
The Business Guardian
|May 14, 2024
India nears landmark deal with Iran to manage Chabahar Port, enhancing regional connectivity and strategic influence
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India is poised to finalize a deal with Iran for the management of Chabahar Port over the next ten years, marking India's inaugural overseas port management venture. Shipping Minister Sarbananda Sonowal is set to journey to Iran for the signing ceremony on Monday.
Efforts are underway to link Chabahar Port with the International NorthSouth Transport Corridor (INSTC), enhancing India's connectivity with Russia through Iran."As and when a long-term arrangement is concluded, it will clear the pathway for bigger investments to be made in the port," Foreign Minister S Jaishankar told reporters in Mumbai.
Cette histoire est tirée de l'édition May 14, 2024 de The Business Guardian.
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