Developing Chabahar Port Indicating Iran’s High Transit Capacity: MP


Developing Chabahar Port Indicating Iran’s High Transit Capacity: MP

TEHRAN (Tasnim) – A member of the Iranian Parliament said the development of the Chabahar strategic port shows Iran’s high transit capacity in the international arenas.

Alborz Hosseini said that the conclusion of a 10-year contract between Iran and India in the field of development of the Chabahar oceanic port indicates the high transit potential of the country.

H added that the geopolitical condition of Iran can act as a linking bridge between  Southeast Asian and European countries.

The development of the Chabahar Port with access to rail and road can help India to access the markets of Afghanistan, Central Asia, Turkey, the Republic of Azerbaijan and even Russia, the lawmaker highlighted.

Iran's Minister of Roads and Urban Development Mehrdad Bazrpash and the Indian minister signed the contract on Monday for the partnership of India Ports Global Ltd (IPGL) in equipping and operating the freight and container terminals of Shahid Beheshti Port in Chabahar.

One of the major goals of concluding this contract, which was achieved as a result of the expert negotiations of joint task forces, is realizing the goals of the International North-South Transport Corridor (INSTC), the tripartite transit agreement of Iran, India and Afghanistan for international transit and transport through the Chabahar Port signed in 2016, and development of multimodal transit and transport cooperation between Iran and India in the Central Asian region within the framework of the strategic cooperation between India and Central Asia.

Most Visited in Economy
Top Economy stories
Top Stories