Monday, November 30, 2020
BREAKING NEWS
Home » World » India approves plan to develop Iran’s Chabahar port

India approves plan to develop Iran’s Chabahar port

Your ads will be inserted here by

Easy Ads.

Please go to the plugin admin page to set up your ad code.

iran port

NEW DELHI:(APS) India will float a company to develop Iran’s Chabahar Port, a government statement said on Saturday, as New Delhi aims to take advantage of a thaw in Tehran’s relations with world powers.

 

According to a AFP report that the port of Chabahar in southeast Iran is central to India’s efforts to circumvent Pakistan and open up a route to landlocked Afghanistan where it has developed close security ties and economic interests.

Your ads will be inserted here by

Easy Ads.

Please go to the plugin admin page to set up your ad code.

 

Iran and six world powers are engaged in talks to agree on a deal easing sanctions against Tehran before a late-November deadline.

 

The powers want Iran to scale back its uranium enrichment programme to ensure it cannot produce nuclear bombs. Iran says the programme is for peaceful purposes.

 

India plans to sign an agreement with Iran for the development of the port and New Delhi intends to lease two berths at Chabahar for 10 years, the statement said.

 

The planned Indian company will invest $85.21 million in one year to convert the berths into a container terminal and a multi-purpose cargo terminal, the statement said, adding India would consider the participation of Iranian firms if needed.

Your ads will be inserted here by

Easy Ads.

Please go to the plugin admin page to set up your ad code.

Leave a Reply

Your email address will not be published.

BIGTheme.net • Free Website Templates - Downlaod Full Themes