Chabahar port

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 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

First Afghan fruit cargo exported to India via Chabahar Port

Afghanistan has exported fruit to India through Iran’s strategic port of Chabahar for the first time since the corridor was opened several months ago.

Trade

India looking to set up Exim Bank branch in Iran

The Indian ambassador to Iran says the situation is ripe and all the groundwork has been laid at Chabahar Port so that a branch of Export-Import Bank of India opens in Iran.

Financial Markets

Iran welcomes Japanese investment in Chabahar Port: Rouhani

The Iranian president has told Japanese Prime Minister Shinzo Abe that Tehran wants Tokyo to invest in Chabahar Port that has been exempted from the US sanctions.

Trade

First Afghan shipment heads to India via Iran’s Chabahar Port

Chabahar Port, linking East with Central Asia, Russia and Europe, is the game changer is the geopolitics of the South East Asian region helping India to bypass its neighbour Pakistan to reach Afghanistan.

Transportation

Chabahar deal, a key strategic decision

The port in south-eastern Iranian Province of Sistan and Baluchistan opens Irans access to the Indian Ocean and provides huge opportunity for South East Asian countries such as India to use it as a connection platform to make their way to Central Asia and Europe.

Transportation