India to sign 10-year pact with Iran for Chabahar port management— report 

Reuters
Iranian flags flutter during an inauguration ceremony for new equipment and infrastructure on February 25, 2019 at the Shahid Beheshti Port in the southeastern Iranian coastal city of Chabahar, on the Gulf of Oman. (AFP/File)
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  • India has been developing port to transport goods to Iran, Afghanistan and Central Asia to avoid Karachi
  • Sanctions imposed by Washington on Iran have slowed down Chabahar port’s development work 

NEW DELHI: India is likely to sign an agreement with Iran on Monday to manage the southeastern Iranian port of Chabahar for the next 10 years, the Economic Times reported.

India Shipping Minister Sarbananda Sonowal is likely to travel to Iran to sign the agreement, the report said, citing unidentified sources.

The Indian government did not immediately respond to a request for comment.

India has been developing a part of the port in Chabahar, which is located on Iran’s southeastern coast along the Gulf of Oman, as a way to transport goods to Iran, Afghanistan and central Asian countries that avoids the port of Karachi in its rival Pakistan.

US sanctions on Iran, however, have slowed down the port’s development. 

Topics: Chabahar Port India Chabahar port Arab News Pakistan