India to sign 10-year pact with Iran for Chabahar port management, ET reports - News Summed Up

India to sign 10-year pact with Iran for Chabahar port management, ET reports


The nation’s shipping minister is likely to travel to Iran to sign the agreement, a report saysThe southeastern Iranian port of Chabahar. The southeastern Iranian port of Chabahar. India is likely to sign an agreement with Iran on Monday to manage the southeastern Iranian port of Chabahar for the next 10 years, the Economic Times reported. India Shipping Minister Sarbananda Sonowal is likely to travel to Iran to sign the agreement, the report said, citing unidentified sources. US sanctions on Iran, however, have slowed down the port's development.


Source: bd News24 May 13, 2024 17:59 UTC



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