** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

India, Iran aim to roll out part of Chabahar Port before US curbs

India and Iran have renewed efforts to operationalize one berth at the Chabahar port amid growing fears of US sanctions on Iran kicking in from the first week of November. An Iranian delegation was in Delhi last week and it was decided to redouble efforts to complete the remaining work for the first berth.

Sources said the project was delayed due to fears of US sanctions and efforts were on to put in place a payment mechanism for the strategically important Chabahar port through banking channels of the two countries.

India is investing $500 million to develop the port and the road link from Chabahar to Afghanistan, which will allow New Delhi access to Afghanistan via the sea-land route bypassing Pakistan. It has taken more than 15 years for India and Iran to operationalize the port after it was first proposed nearly twenty years ago.

Trial shipments were done this year when Indian wheat was exported to the war tron Afghanistan.

Disclaimer
Copyright © 2018 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us