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India may launch container terminal at Iran’s Chabahar port

Business Materials 13 October 2018 13:47 (UTC +04:00)

Tehran, Iran, Oct. 13

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Iran and India have agreed to forge closer port and maritime cooperation in a bid to boost trade between the two countries, ILNA news agency reported.

Mohammad Rastad, head of Iran's Ports and Maritime Organization, has traveled to India to discuss enhanced ties between Tehran and New Delhi.

During a specialized meeting between Rastad and senior Indian maritime officials, the two sides explored ways to facilitate trade between the two countries.

They agreed to improve relations between India’s Mumbai Port Trust and Iran’s Chabahar Port.

After the meeting, they announced that the state-owned Indian company India Ports Global Limited (IPGL), which is developing Chabahar, may launch a container terminal in the port to transship cargoes between different transport vehicles, for onward.

They also agreed to hold a trilateral meeting between Iran, India and Afghanistan over the port of Chabahar.

Chabahar provides India with an easier land-sea route to Afghanistan. Last November, India sent its first cargo of wheat to Afghanistan through Chabahar in what appeared to be a run dry of a multi-modal connectivity route. The cargo was shipped from India’s western port of Kandla, was unloaded at Chabahar and eventually taken to Afghanistan’s Nimroz province by trucks.

A rail link between Chabahar and Zahedan and thereon to Afghanistan is a crucial part of India’s ambitious extra-regional connectivity ambitions over which Tehran, New Delhi and Kabul have signed a basic agreement.

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