After Taliban foreign minister's visit, acting minister of commerce & industry Alhaj Nooruddin Azizi is currently on a five-day trip to India, along with a high-powered delegation.
For the project, India first received a sanctions waiver in November 2018 from Trump 1.0, but his administration rescinded it last month, threatening to complicate India's involvement.
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.
Is there a place for a counter-bureaucracy, or a separate and competing bureaucracy to counterbalance the force of the executive’s bureaucracy, asked author MH Mody in 1980.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
COMMENTS