India signed a long-term deal to develop Chabahar Port with Iran, replacing a 2016 contract and emphasizing growing bilateral ties.

India has signed a long-term deal to develop Chabahar Port with Iran, as mentioned by India's External Affairs Minister Subrahmanyam Jaishankar during his visit to Tehran in mid-January. This replaced an original 2016 contract and finalized after years of negotiations. The development of Chabahar Port and Iran's cooperation with the International North-South Transport Corridor is seen as a key example of the growing bilateral ties between the two countries. The Chabahar port is significant to India as it provides a viable and shorter route for trade with nations along the Indian Ocean, Central Asia, and the Caucasus.

February 09, 2024
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