India And Iran Sign Port Lease Agreements

- Feb 23, 2018-

  India and Iran signed several agreements on the 17th, including India leased a port in Iran, as a bridgehead to Afghanistan and other Central Asian countries trade routes.

  Indian Prime Minister Narendra Modi held talks with Iranian President Hassan Rouhani on the same day and witnessed a number of agreements signed between officials of the two countries, including avoiding double taxation and extradition and relaxing the visa requirements for diplomatic personnel.

  Among these agreements, India's agreement to chart Iranian Chahabar port is the first of its kind.

  Under the lending agreement, India will secure the right to operate the Shahid Behvizhti container port for the first phase of the Chabahhar Port project for a period of 18 months. ——