The
historical India-Iran cooperation in the field of development of infrastructure
and regional connectivity including the development of Chabahar Port is in line
with the Tehran Declaration (2001) and the New Delhi Declaration (2003).
Facts:
Needless to say, a deal for the development and operations of Chabahar Port was
signed between Indian Joint Venture India Ports Global Pvt Ltd (a Consortium of
Jawaharlal Nehru Port Trust and Kandla Port Trust) and Iran’s Arya Banader on
23 May 2016 in Tehran during the visit of the Prime Minister to Iran.
Government
of India and Port and Maritime Organization (PMO) of Iran signed the contract
as Confirming Parties. The contract is for the period of 10 years.
As
per the contract India will construct two terminals (five berths) at Chabahar
Port according to the specifications agreed under the Inter-Governmental MoU
signed between India and Iran on the 5th May 2015. The MoU envisages
construction of a multipurpose cargo terminal (600 mtrs length) and a container
terminal (640 mtrs length).
Participation
in the Chabahar Port development will provide India an alternative and reliable
access route into Afghanistan utilizing India’s earlier investment in
Zaranj-Delaram road built in Afghanistan, and also a reliable and more direct
sea-road access route into Central Asian Region. Chabahar Port’s location at
the Arabian Sea means that it would be able to skirt any challenges posed by
developments in the Persian Gulf and Strait of Hormuz.
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