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India likely to start full operations at Iran's Chabahar port by May end.
Mar 08, 2021

India expects to start full-scale operations at Iran's Chabahar general cargo port it has built by the end of May, the country's shipping minister said in a boost for regional trade.
 
India has been developing a part of the port on Iran's south-eastern coast along the Gulf of Oman as a way to transport goods to Iran, but also Afghanistan and central Asian countries, and avoiding rival Pakistan.
 
But US sanctions on Iran slowed down the port's development and Indian officials are now counting on a thaw in relations between Washington and Tehran under President Joe Biden to move forward with near $500 million of investments.
    
The Times of India

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