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Iran, India discuss broadening economic ties, Chabahar port

Business Materials 6 August 2017 14:51 (UTC +04:00)

Baku, Azerbaijan, Aug 6

By Khalid Kazimov – Trend:

Iran’s First Vice President Eshaq Jahangiri has expressed the county’s interest in providing India with energy.

At a meeting with visiting Minister of Transport and Shipping of India Nitin Gadkari in Tehran on Sunday, Jahangiri called for expansion of bilateral ties in various sectors voicing Iran’s readiness to supply energy, Ibena (Iranian banks and economy news agency) reported.

Eshaq Jahangiri further touched upon Iran’s plans to develop its southeastern port of Chabahar adding that obstacles against the cooperation with India in developing the port have almost been removed.

Saying that Iran has drafted a comprehensive plan for developing the port, he urged Indian firms to participate in oil and gas, petrochemical and steel projects there.

Nitin Gadkari who has arrived in Tehran to represent India at the oath taking ceremony of President Hassan Rouhani earlier said that the government is hopeful that the strategic Chabahar Port will be operational by 2018.

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