PM Modi and Iranian President Raisi Explore Chabahar Port's Potential
PORTS & SHIPPING

PM Modi and Iranian President Raisi Explore Chabahar Port's Potential

In a significant diplomatic move, Indian Prime Minister Narendra Modi and Iranian President Ebrahim Raisi engaged in discussions to harness the complete potential of the Chabahar Port. The talks centered around strategies to amplify the port's role as a vital trade gateway, connecting India to Afghanistan and Central Asia while circumventing Pakistan.

Chabahar Port, strategically located in southeastern Iran, has been a focal point of India's efforts to bolster connectivity and trade with the region. The leaders deliberated on enhancing infrastructure, streamlining trade processes, and addressing logistical challenges to optimise the port's operations.

The discussions underscored the joint commitment of India and Iran to regional development and cooperation. By leveraging Chabahar's capabilities, both nations aim to foster economic growth and stability in Afghanistan and beyond.

The Chabahar Port project exemplifies the multi-dimensional potential of diplomacy, trade, and connectivity. It aligns with India's larger vision of the International North-South Transport Corridor (INSTC), which seeks to establish efficient trade routes linking the Indian Ocean to the Caspian Sea through various modes of transport.

As geopolitical dynamics evolve, the collaboration between India and Iran over Chabahar Port reinforces their shared commitment to circumvent challenges and promote trade-led development. The discussions between PM Modi and President Raisi lay the foundation for realising the port's transformative influence on regional trade, connectivity, and prosperity.

In a significant diplomatic move, Indian Prime Minister Narendra Modi and Iranian President Ebrahim Raisi engaged in discussions to harness the complete potential of the Chabahar Port. The talks centered around strategies to amplify the port's role as a vital trade gateway, connecting India to Afghanistan and Central Asia while circumventing Pakistan. Chabahar Port, strategically located in southeastern Iran, has been a focal point of India's efforts to bolster connectivity and trade with the region. The leaders deliberated on enhancing infrastructure, streamlining trade processes, and addressing logistical challenges to optimise the port's operations. The discussions underscored the joint commitment of India and Iran to regional development and cooperation. By leveraging Chabahar's capabilities, both nations aim to foster economic growth and stability in Afghanistan and beyond. The Chabahar Port project exemplifies the multi-dimensional potential of diplomacy, trade, and connectivity. It aligns with India's larger vision of the International North-South Transport Corridor (INSTC), which seeks to establish efficient trade routes linking the Indian Ocean to the Caspian Sea through various modes of transport. As geopolitical dynamics evolve, the collaboration between India and Iran over Chabahar Port reinforces their shared commitment to circumvent challenges and promote trade-led development. The discussions between PM Modi and President Raisi lay the foundation for realising the port's transformative influence on regional trade, connectivity, and prosperity.

Next Story
Real Estate

The Only Way is Up!

In 2025, India’s real-estate market will be driven by a confluence of economic, demographic and policy-driven factors. Among these, Boman Irani, President, CREDAI National, counts rapid urbanisation, the rise of the middle class, policy reforms like RERA and GST rationalisation, and the Government’s decision to allow 100 per cent FDI in construction development projects (including townships, housing, built-up infrastructure, and real-estate broking services).In the top metros, especially Bengaluru, followed by Hyderabad and Pune, the key drivers will continue to be job creation a..

Next Story
Building Material

Organisations valuing gender diversity achieve higher profitability

The building materials industry is projected to grow by 8-12 per cent over the next five years. How is Aparna Enterprises positioning itself to leverage this momentum and solidify its market presence?The Indian construction and building materials industry is projected to witness significant expansion, with estimates suggesting an 8-12 per cent compound annual growth rate (CAGR) over the next five years. This growth is fuelled by rapid urbanisation, increased infrastructure investments and sustainability-focused policies. With India's real-estate market expected to reach $ 1 trillion by 2030, t..

Next Story
Real Estate

Dealing with Delays

Delays have beleaguered many a construction project in India, hampering the country from building to its ability and potential, and leading to additional costs incurred by the contractor. The reasons for delayIn India, delays mainly occur owing to obtaining statutory approvals, non-provisioning of right of way, utility diversion and approval of drawings and design. Delays are broadly classified based on responsibility and effect. Excusable delays arise from factors beyond the contractor’s control, such as force majeure events or employer-induced delays. These delays generally entitle th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?