India to develop Chahbahar port

  1. Context: A new bilateral agreement between Iran and India was signed during PM’s visit to Iran
  2. Chabahar: To develop and use the port of Chahbahar to access Central Asia and Afghanistan
  3. It is 1st such agreement & will provide India the right to develop and operate two terminals and five berths
  4. This is along with multipurpose cargo handling capacities in the port of Chahbahar for 10 years
  5. Other: In all, 11 agreements were signed by India and Iran, covering culture, finance and conservation
  6. Also the agreement between IPGPL (India Ports Global Private Limited) and Arya Banader of Iran was signed
Foreign Policy Watch: India-Iran
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