Iran India

India-Afghanistan transit accounts for 28% of Chabahar container traffic

India’s total transit of goods to Afghanistan via Iran accounted for 28% of Chabahar’s total container traffic by the end of August, which marks the 20th month of the Indian operator’s presence in the port, says Behrouz Aqaei, the head of Sistan-Baluchestan’s Ports and Maritime Organization.

Trade

India not dictated by US on Chabahar: Envoy

India’s Ambassador to Tehran Gaddam Dharmendra has reiterated that New Delhi would not be dictated by the US how it should cooperate with Iran on the key port of Chabahar.

Transportation

India’s UCO Bank eager to keep rupee-rial payment mechanism

With India no longer importing oil from Iran, UCO Bank is looking at other avenues to keep the rupee payment mechanism with Iran alive.

Trade

India-Chabahar-Afghanistan TIR corridor launched

Two loaded containers were transported successfully from India’s Mumbai to Iran’s Chabahar, which exited through Dogharoun Border crossing to Afghanistan under cover of TIR Carnets (TIR Convention) on Friday.

Transportation

India to invest $14 million in Chabahar in 2020-2021

India’s finance ministry has announced that budget earmarked for the country’s development work at an Iranian ocean port would double in 2020-2021 to reach nearly $14 million.

Transportation

India renewed commitment to development of Iran’s Chabahar Port

Iran and India have agreed to speed up the development of Chabahar Port which New Delhi views as a gateway to access Afghanistan and Central Asia.

Transportation

Iran, India agree to accelerate Chabahar project

Iran and India on Sunday agreed to accelerate work on the Chabahar port, which is jointly being developed by India, Iran and Afghanistan, the Times of India reported.

Trade

‘India must resume oil purchases from Iran’

Indian columnist urges the government of Prime Minister Nrandra Modi to keep buying Iranian crude despite the US sanctions in a bid to maintain its leverage in the Iranian market in case sanctions are lifted.

Energy

Iran wants India to resume oil imports, says US sanctions unilateral decision

Iranian Ambassador to India Ali Chegeni has said Tehran may look at other markets to procure soymeal, rice if India does not resume normal trade ties with Iran.

Trade

Iran leader allocates funds for key rail project linking Chabahar to Zahedan and Afghanistan

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved tapping into Iran’s sovereign wealth fund for construction of a key railway in the southeast of the country.

Transportation