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.
With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
COMMENTS