Iran-India long-term agreement to operate Port of Chabahar in final draft stage

During a press conference, Ports and Maritime Organization (PMO) deputy head of engineering and infrastructure development Ali Fathi announced that a long-term agreement between Iran and India to operate the southeastern Chabahar port is in the final stages of drafting. The move for this deal comes at a time when China is also showing growing interest in investing in ports and other coastal infrastructure in Iran.

Chabahar Port is a strategic port in the south-eastern province of Sistan-Balochistan of Iran. It was designed to provide an alternative trade route for landlocked Afghanistan and Central Asian countries, bypassing Pakistan. India has invested heavily in the development of the Chabahar port to counter China’s growing influence in the region.

According to Fathi, PMO is ready to cooperate with foreign companies from all over the world, including the countries in the Persian Gulf region. The organization is open to cooperation with various foreign entities in the development of its ports and maritime infrastructure.

Iran-India’s long-term agreement to operate heavy loader and unloader at the port of Chabahar is expected to strengthen economic ties between the two countries. The development of the Chabahar Port is crucial to India’s connectivity with Afghanistan and Central Asia as it will provide a sea-land access route for Indian goods to these regions.

The final stages of drafting the deal with India come at a time when China is showing growing interest in investing in Iran’s ports and other coastal infrastructure. The Chinese government has invested heavily in the development of Gwadar Port in Pakistan, which is close to Chabahar Port. This has raised concerns in India as the Port of Gwadar provides China with strategic access to the Arabian Sea and Indian Ocean.

In summary, the long-term agreement between Iran and India on the operation of Chabahar Port is in the final stages of drafting, which is expected to strengthen economic ties between the two countries. The PMO is open to cooperation with foreign companies from all over the world, including those in the Persian Gulf region. The development of the Chabahar port is vital to India’s connectivity with Afghanistan and Central Asia, while China’s growing interest in investing in ports and other coastal infrastructure in Iran is a concern in India.

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