1480 In May 2016, Prime Minister Narendra Modi visited Iran and signed an agreement to invest USD 500 million to develop the port and related infrastructure. File photo
Washington, April 9
After a brief halt, India accelerated the work on Chabahar Port early this year and the strategic Iranian port is expected to be operational by next month, a Congressional report has said.
In 2015, India agreed to help develop Iran s Chabahar Port and an associated railway that would enable India to trade with Afghanistan unimpeded by Pakistan, the independent Congressional Research Service (CRS) said in its latest report for the members of the US Congress.
10th summit of D-8 on economic cooperation kicks off virtually ANI | Updated: Apr 09, 2021 11:22 IST
Tehran [Iran], April 9 (ANI): The 10th summit of eight developing countries (D-8) began virtually in Iran on Thursday.
The Summit on economic cooperation was attended by Heads of States/Governments of eight D8 Member States, including Iran, Bangladesh, Malaysia, Pakistan, Indonesia, Egypt, Turkey, and Nigeria in the presence of Iranian President Hassan Rouhani, reported IRNA.
D-8 was established in 1997 to promote economic and development cooperation among eight Member States with its Headquarters at Istanbul, Turkey.
The D-8 objectives, inter alia, include improving developing countries position in the world economy, diversifying new opportunities in trade relations, and enhancing participation in decision-making at the international level. Priority areas of cooperation in the D-8 include: Trade; Industry; Agriculture and Food Security; E
Hassan Rouhani speaks during a cabinet meeting in Teheran on Wednesday. AFP
WASHINGTON/VIENNA－The United States is prepared to remove sanctions on Iran to resume compliance with the Iran nuclear deal, including those that are inconsistent with the 2015 pact, the US State Department said on Wednesday, without providing details. We are prepared to take the steps necessary to return to compliance with the JCPOA, including by lifting sanctions that are inconsistent with the JCPOA. I am not in a position here to give you chapter and verse on what those might be, State Department spokesman Ned Price told reporters. He was referring to the pact formally called the Joint Comprehensive Plan of Action.
India speeds up work on Chabahar, port likely to be operational by May: Report
New Delhi, Apr 9 (UNI) The Chabahar cargo port India has built in Iran is expected to be operational by next month, as the country has accelerated work on the project early this year, says a US Congressional report.
In 2015, India agreed to help develop Iran’s Chahbahar port and an associated railway that would enable New Delhi to trade with Iran, Afghanistan and Central Asia, unimpeded by Pakistan. In May 2016, Prime Minister Narendra Modi visited Iran and signed an agreement to invest USD500 million to develop the port and related infrastructure.