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By leveraging Chabahar Port, India aims to bypass Pakistan and establish direct access to Afghanistan and beyond, into Central Asia.

India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well

as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts

continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.

According to an official statement, the contract was signed by India Ports Global Ltd (IPGL) and Iran's Port & Maritime Organisation (PMO), in the presence of Ports, Shipping and Waterways

Minister Sarbananda Sonowal. "The long-term bilateral contract on Chabahar Port Operation was signed between Indian Ports Global Limited (IPGL) of India and the Port & Maritime Organisation

(PMO) of Iran, enabling operation of Shahid-Beheshti in Chabahar Port Development Project for a period of 10 years," the statement said.

This is the first time India will take over the management of an overseas port. "This agreement aims to enhance regional connectivity and facilitate trade, particularly between India, Iran

and Afghanistan," the statement said. The India Ports Global Chabahar Free Zone (IPGCFZ), a subsidiary of IPGL, facilitated the first consignment of exports from Afghanistan to India in

2019. The statement said the operations continued through short-term contracts while negotiations on the long-term agreement picked pace with the visit of Sonowal to Chabahar in August 2022.

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Speaking at the occasion, Sonowal said, "With the signature of this contract, we have laid the foundations of India's long-term involvement at Chabahar." Sonowal added that the signing of

this contract will have a multiplier effect on the viability and visibility of Chabahar port.

India and Iran have projected the port as a key hub for the INSTC project. The INSTC is a 7,200-km-long multi-mode transport project for moving freight among India, Iran, Afghanistan,

Armenia, Azerbaijan, Russia, Central Asia and Europe.

India has been developing a part of Chabahar Port and discussions on the development of the port dates back to 2003 during Iranian President Muhammad Khatami's visit to India. In 2013, India

committed to investing USD 100 million towards the development of Chabahar Port. Earlier, a memorandum of understanding (MoU) for development of Chabahar Port by India was signed in May

2015. Thereafter, the contract was executed on May 23, 2016, at Tehran (Iran) during the visit of Prime Minister Narendra Modi to Iran.

Chabahar is an oceanic port. By leveraging Chabahar Port, India aims to bypass Pakistan and establish direct access to Afghanistan and beyond, into Central Asia. Kandla port in Gujarat is

the closest to the Chabahar port at 550 Nautical Miles while the distance between Chabahar and Mumbai is 786 Nautical Miles.

Since 2019, it has handled container traffic of more than 80,000 TEUs and bulk and general cargo of more than 8 million tonnes. The Ministry of External Affairs (MEA) had allocated Rs 100

crore for Chabahar Port for 2024-25, underlining India's focus on connectivity projects with Iran.

(Except for the headline, this story has not been edited by DNA staff and is published from PTI)

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