India, Iran MoU on Chabahar Port

portAn MoU was signed between India and Iran for development and operation of two terminals at Chabahar Port, in May, 2015. Minister of Road Transport, Highways & Shipping Nitin Gadkari and Foreign Minister of Iran Javad Zarif discussed exploration of India taking over the development and operation of Chabahar Port. They also discussed India-Iran-Afghanistan Transit Agreement to utilize the Port, cooperation in road, railways, fertilizers and petro chemical sector on the strength of cooperation in the Port. A bilateral meeting was held in New Delhi between the two ministers and their agenda was Chabahar Port.

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