India-Iran inks Chabahar Port infrastructure pact

chabahar port

India has signed a memorandum of understanding (MoU) with Iran on mutual recognition of seafarers’ code of conduct for unlimited voyages, expanding its maritime partnership with the West Asian country alongside recent moves to boost and build modern infrastructure in the strategically located Chabahar Port. The MoU will result in training exercises of Iranian seafarers in India. The agreement will open new vistas of cooperation in the Western Indian Ocean Region as India is also eyeing a trilateral maritime cooperation involving Iran, India and Oman.

The Iranian government is ready to conclude a long-term contract with India, prioritising the development of transit of goods through the Chabahar Port. The contract will also aim at ramping up activities of the International North-South Transport Corridor (INSTC).

: Published: 30 August 2022

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