India Ports Global Limited had signed a 10-year long term contract with Iran’s Port and Maritime Organization in May 2024 to develop the Chabahar port.
India's trade with Tehran has cratered since 2018 after US sanctions were reimposed on the West Asian country, and China has stepped into the resulting vacuum.
India has been using Shahid Beheshti terminal at Chabahar to ship humanitarian aid to Afghanistan, bypassing Pakistan. The 10-year deal will allow India to operate the terminal at the port.
Shipping Minister Sarbananda Sonowal is in Iran to sign a ‘crucial contract’, which Jaishankar said would clear the path for bigger investment in the port.
Jaishankar’s 2-day visit to Iran saw push to energise International North-South Transport Corridor connecting Indian ports to Russia via multi-modal transport corridor.
Speaking at the Indo Pacific Regional Dialogue, Sarbananda Sonowal says India also plans to expand inland water transportation to give a leg-up to regional partnerships.
National security adviser says Afghanistan 'remains a concern for all of us' and terrorism remains one of the most serious threats to international peace & security.
Doval met Ali Shamkhani, secretary of Iran's Supreme National Security Council. India is SCO chair and Iran is set to be made a permanent member of grouping at its annual summit this year.
Each billion dollars we spend on GPUs and AI hardware is akin to planting more neurons in the simulated brain we are building. And this brain is expanding — quickly.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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