India To Sign 10-Year Deal With Iran To Manage Chabahar Port: Report
India is likely to sign an agreement with Iran on Monday to manage the southeastern Iranian port of Chabahar for the next 10 years, the Economic Times reported.
India is likely to sign an agreement with Iran on Monday to manage the southeastern Iranian port of Chabahar for the next 10 years, the Economic Times reported.
India Shipping Minister Sarbananda Sonowal is likely to travel to Iran to sign the agreement, the report said, citing unidentified sources.
The Indian government did not immediately respond to a request for comment.
India has been developing a part of the port in Chabahar, which is located on Iran's southeastern coast along the Gulf of Oman, as a way to transport goods to Iran, Afghanistan and central Asian countries that avoid the port of Karachi in its rival Pakistan.
US sanctions on Iran, however, have slowed down the port's development.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.
