India, Iran sign 10-year agreement for Indian operations at Chabahar port
Hindustan TimesNEW DELHI: India and Iran on Monday signed a long-term agreement covering Indian operations at the Chabahar port, with New Delhi offering a credit window worth $250 million for the development of infrastructure around the strategic facility in the Gulf of Oman. It replaces an initial pact inked in 2016 that covered India’s operations at the Shahid Beheshti terminal of Chabahar port and has been renewed annually. The Indian side handed over a letter from external affairs minister S Jaishankar to his Iranian counterpart Hossein Amirabdollahian regarding the credit window and reiterated India’s commitment to cooperate in developing the port, the Indian embassy in Tehran said in a post on X. Sonowal and Bazrpash discussed “furthering the shared vision of making Chabahar port a regional connectivity hub connecting India to Afghanistan, Central Asia, and Eurasia”, the embassy said in another post. HT first reported in September 2022 that India and Iran were working on a long-term agreement for IGPL’s operations at Chabahar port.