Chabahar Port "Win-Win" Situation for India, Iran

January 10, 2018

 Chabahar Port was very important for both India and Iran, and offered a win-win situation to both countries, Indian Minister of Shipping Nitin Gadkari said.

 
A government press release said that Gadkari held bilateral talks with Dr Abbas Akhoundi, Iranian Minister of Roads and Urban Development in New Delhi. 
 
He said the port would be a growth engine for India as it opened up an alternate route for exports to Afghanistan and Russia. 
 
It  would also open up business opportunities for investors of both India and Iran  to invest in each other’s country, he said. The Minister further informed that the two countries have sorted out all issues pertaining to the Chabahar Port in their discussions. 
 
He also said the Indo-Iran Joint Business Seminar held yesterday (January 10, 2018) was a fruitful exercise for exploring business opportunities in the two countries. He expressed confidence that today’s meeting would help to further strengthen the good relations between the two countries. 
 
According to PTI, India last year shipped its first cargo of wheat to Afghanistan through the Iranian port. India has plans to export 130,000 tonnes of wheat to Afghanistan through Chabahar Port.
 
Chabahar port, located in the Sistan-Balochistan province in the energy-rich Persian Gulf nation's southern coast, lies outside the Persian Gulf and is easily accessed from India's western coast, bypassing Pakistan.
 

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News

Middle East flights suspended by airlines
Sources say that Kazakhstan's TCO has shipped the first oil from Kazakhstan to Germany via Druzhba.
Transneft reports that oil flow will continue to decline in 2025