India is participating in the development of the first phase of the Shahid Beheshti Terminal at Chabahar Port in cooperation with the Iranian government.The International North-South Transport Corridor INSTC is Indias vision and initiative to reduce the time taken for EXIM shipments to reach Russia and Europe, and enter the Central Asian markets.The workshop was addressed by Khosrow Saraei, Director General of transit, logistics, and agreements at Irans Port and Maritime Organisation and also by the Secretary, the Ministry of Ports, Shipping and Waterways, the release stated.
India Accelerates Work On Chabahar Port As Biden Administration Likely To Remove Sanctions On Iran: Ex-Diplomat
December 17, 2020
There has been a renewed interest in the Chabahar port after India, Iran, and Uzbekistan held a trilateral meeting on the strategically-important port earlier this week. With the change in the US government, the Chabahar port is likely to see a lot of action, according to experts.
The three countries discussed the utilization of the port for trade and transit purposes and enhanced regional connectivity. Experts believe that India and Uzbekistan’s renewed talks on Chabahar with Iran have come in the backdrop of reports of US President-elect Joe Biden considering re-engaging with Tehran on the nuclear issue.