India signs 10 year pact with Iran to manage Chabahar Port

Update: 2024-05-13 12:59 GMT

Guwahati, May 13: In a major move, India on Monday signed an agreement with Iran for the management of Chabahar Port for the next 10 years.

This move, taking place amid a busy election season in the country, is seen as a substantial geopolitical outreach towards Iran with major regional implications.

Chabahar Port is seen as India's vital connectivity link to Afghanistan, Central Asia, and the wider Eurasian continent, acting as a counterbalance to China's Belt and Road Initiative and Pakistan's Gwadar port.

The Indian delegation to Iran was led by Union Minister Sarbananda Sonowal; on the other hand, Mehrdad Bazrpash, Minister for Roads and Urban Development, was present on behalf of the Iranian side.



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