EghtesadOnline: India and Iran have renewed efforts to operationalize one berth at Chabahar Port amid growing fears of US sanctions on Iran kicking in early next month.
EghtesadOnline: Iran, India and Afghanistan held trilateral discussions for the first time ever in Kabul earlier this week.
EghtesadOnline: US Ambassador to the United Nations Nikki Haley on June 27 told India’s Prime Minister Narendra Modi that Washington would back his country’s plan to develop the Iranian seaport of Chabahar to open up a trade route to Afghanistan that avoids its arch-rival Pakistan.
EghtesadOnline: Iranian Foreign Minister Mohammad Javad Zarif on Monday invited Pakistan to participate in Chabahar's seaport project and development of its link with Gwadar Port, as he sought to allay concerns in Pakistan over Indian involvement in the Iranian port.
EghtesadOnline: Afghan Chief Executive Abdullah Abdullah said the operationalization of the Chabahar Port project is an important step toward the economic development of South and Central Asia and will boost Afghanistan’s relationship with India and Iran.
EghtesadOnline: The trilateral engagement involving India, Iran and Afghanistan discussed during the visit of Indian Prime Minister Narendra Modi to Iran in May 2016 expanded avenues of trade for India with Iran, Afghanistan, Central Asia and Russia through the International North-South Transportation Corridor.
EghtesadOnline: India is keen on expediting the development of Chabahar Port in Iran and hopes to complete the first phase of the project next year. This was announced by India’s Minister for Road Transport and Highways and Shipping Nitin Gadkari, the local newspaper Millennium Post reported.
EghtesadOnline: A senior Indian columnist and TV panelist believes that the successful implementation of the Chabahar Port Project in Iran will make the Islamic Republic a major global player in, not only in the Western and the Central Asia, but also in the Indian Ocean.