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Operations In Final Drafting Stages

TEHRAN: Ali Fathi, the Deputy Head of Ports and Maritime Organization (PMO) for engineering and infrastructure development, announced that a long-term agreement between Iran and India for operating the southeastern Chabahar port is in thefinalstagesofdrafting.Themovefor this agreement comes at a time when China has also been showing a growing interest in investing in ports and other coastalinfrastructureinIran.

According to Fathi, PMO is ready to cooperate with foreign companies from all over the world, including the countries in the Persian Gulf region. The organization is open to collaboration with various foreign entities in the development of its ports andmaritimeinfrastructure.

The long-term agreement between Iran and India on operating heavy loading and unloading equipment at Chabahar port is expected to boost economic ties between the two countries. The development of the Chabahar port is crucial for India’s connectivity with Afghanistan and CentralAsia,asitwillprovideasea-land access route for Indian goods to these regions.

The final stages of drafting the agreement with India come at a time when China has been showing a growing interest in investing in ports andothercoastalinfrastructureinIran. The Chinese Government has been investing heavily in the development of the Gwadar port in Pakistan, which is situated near the Chabahar port.