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India to get control of Chabahar port

NEW DELHI -UNS : India and Iran have signed a significant pact which gives New Delhi operational control of a part of the strategically located Chabahar port on the Gulf of Oman for 18 months.

The agreement was signed after Prime Minister Narendra Modi held wide-ranging talks with Iranian president Hassan Rouhani, focussing on ramping up regional connectivity and intensifying bilateral trade and investment.

Both sides deliberated extensively on intensifying cooperation in the oil sector and agreed to move beyond traditional “buyer-seller” relationship and develop it into a long-term strategic partnership.

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