India to have Chabahar port inaugurated by next month

TEHRAN, Apr. 11 (MNA) – Accelerating its job in the strategic Iranian port of Chabahar, India expects the port to be operational by next month.

After a brief halt, India accelerated the work on Chabahar Port early this year and the strategic Iranian port is expected to be operational by next month, a Congressional report has said according to WION News.

In 2015, India agreed to help develop Iran's Chabahar Port and an associated railway that would enable India to trade with Afghanistan unimpeded by Pakistan, the independent Congressional Research Service (CRS) said in its latest report.

The report said that in May 2016, Prime Minister Narendra Modi visited Iran and signed an agreement to invest $500 million to develop the port and related infrastructure.

Even though the Trump administration gave India the "Afghanistan reconstruction" exception from its Iranian sanctions, India largely stopped work on the project until late 2020.

"It accelerated work in early 2021 and the port is expected to be declared operational no later than May 2021," said the CRS report.

HJ/PR

News Code 171952

Tags

Your Comment

You are replying to: .
  • 8 + 1 =