India inks 10-year deal to operate Iran's Chabahar port:

India inks 10-year deal to operate Iran's Chabahar port:

Daily Current Affairs   /   India inks 10-year deal to operate Iran's Chabahar port:

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Category : International Published on: May 17 2024

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  • India and Iran signed a 10-year long-term bilateral contract for the operation of Chabahar Port, a vital cog in India’s trade plans with central Asia and parts of Europe.
  • Under the agreement signed between India Port Global Limited (IPGL) and the Ports and Maritime Organization (PMO) of Iran, India will develop and operate the strategic port, namely Shahid Beheshti terminal, for 10 years.
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