Tag Archives | Chabahar

Afghanistan wants Chabahar Port Exempted from Sanctions

Afghanistan Wants Iran’s Chabahar Port Exempted from US Sanctions An Afghan Foreign Ministry spokesperson called on the US administration to exempt Iran’s southeastern port city of Chabahar from a new wave of economic sanctions against the Islamic Republic. In comments on Saturday, Sebghatullah Ahmadi, head of the press department at Afghanistan’s Ministry of Foreign Affairs, […]

€245m for Gasline in Southeastern Iran

The Iranian Gas Engineering and Development Company (IGEDC) has planned to invest €245 million on construction of a gas pipeline from the southeastern city of Iranshahr to Chabahar. IGEDC CEO Hassan Montazer Torbati said the 290-km pipeline will be commissioned by March 2020, end of the next Iranian calendar year. He said 56-inch, 42-inch, 20-inch […]

Gas Supply to Chabahar Power Plant complete by May

An Iranian gas official says the first phase of gas supply to Chabahar power plant for delivering a million cubic meters per day of natural gas to the facility will be complete by late May. Speaking to Shana, Saeid Momeni, the director of gas distribution department of the National Iranian Gas Company (NIGC), said the […]

165 Afghan Firms to Work at Chabahar Port

The government of Iran has issued licenses to 165 Afghan companies to invest and operate in the country’s strategic port of Chabahar that is on a course to open a transport corridor to landlocked Central Asian nations. “Among the 500 companies licensed to operate in the free trade zone of Chabahar Port, 165 of them […]

Iran, India Sign Major Rail Deal

Iran and India have signed a deal worth 2 billion US dollars for cooperation in the rail sector, a report said. The agreement was inked Friday in India’s capital New Delhi in the presence of Abbas Akhoundi, Iran’s minister of roads and urban development, and his Indian counterpart Nitin Gadkari, the report said, according to […]

Iran, India to Finalize Railroad Project Deal

During a planned visit to New Delhi, Iran’s Minister of Roads and Urban Development and his Indian counterpart are expected to make the final decision about details of a deal on financing a railroad linking the Iranian southeastern cities of Zahedan and Chabahar, an official said. In a meeting with India’s ambassador to Tehran, Iranian […]

China keen to use Chabahr Port to access Pakistan

China Keen to Use Iran’s Chabahr Port to Transit Goods from Gwadar: Official Iran has received a request from China to establish a connection between Pakistan’s Gwadar port – which Chinese companies are developing – and Iran’s southeastern port of Chabahar, an official said. Abdolrahim Kordi, the managing director of Chabahar Free Trade Zone, was […]

Indian Wheat Reaches Afghanistan via Iranian Port

Afghanistan has received an inaugural consignment of wheat from India through Iran’s strategic port of Chabahar, opening a new trade and transit route for the landlocked nation that bypasses neighboring Pakistan, a report said. The shipment of almost 15,000 tons of wheat dispatched from India’s western port of Kandla on October 29 reached the Iranian […]

India in talks to Develop Chabahar Port

India’s Transport and Shipping Minister Nitin Gadkari said he has held talks with Iranian officials on a range of issues, including the development of Iran’s port of Chabahar. Gadkari said that during his recent trip to Tehran, he held talks with Iranian officials on a wide range of issues, including developing Chabahar Port and funding […]

Chabahar Port Signs Deal with India Ports

India Ports Global Private Limited (IPGPL) has reportedly signed a contract with Aria Banader of Iran to equip and operate two terminals at Chabahar – Shahid -Beheshti Port for transportation of goods and other purposes. IPGPL is a joint venture between Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT). According to the report […]

Iran Launches Foreign Investment Plan for Steel Sector

The first foreign investment plan for the steel sector waws inaugurated in Eshtehard Industrial Park with the attendance of Minister of Industry, Mine and Trade and chairman of the board of Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO). According to the report of public relations of IMIDRO, deputies of Industry, Mine and […]

Japanese Steel Company considers Chabahar Port

By John Lee. A Japanese company has reportedly signed an agreement to study steel production in at Chabahar port. Mehdi Karbasian, of Iran’s Industrial Development and Renovation Organization (IDRO), said that Sojitz Corporation would present its findings to IDRO by September. A final agreement on production of steel sheets would be expected to follow within […]

Iran, Pakistan to Boost Trade Five-Fold

The Chairman of the Iranian Parliament’s National Security and Foreign Policy Commission, Alaeddin Boroujerdi, said Tehran and Islamabad have decided to boost trade five-fold to $5 billion. Boroujerdi made the remarks recently after a meeting with senior Pakistani officials in Islamabad. He added that the two neighboring countries have also agreed to connect Iran’s Chabahar […]

Iran, Oman Launch Passenger Shipping Line

Iran and Oman launched the first direct passenger shipping line between the southeastern port city of Chabahar and Oman’s capital of Muscat, an Iranian deputy minister announced. The first shipping line for maritime travels between Iran and Oman was inaugurated at Chabahar on Wednesday in a ceremony attended by Roads and Urban Development Minister Abbas […]

Iran, India Determined to Develop Chabahar Port

Iranian President Hassan Rouhani and India’s Prime Minister Narendra Damodardas Modi voiced determination to implement the agreements signed between the two countries, particularly a project to develop Iran’s southeastern port city of Chabahar. In a telephone conversation with the Indian premier on Wednesday, President Rouhani said Tehran is prepared to upgrade the level of ties […]

Iran finds new Port Partner in India

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Among the many delegations that have visited Iran since the Jan. 16 lifting of nuclear-related sanctions, India has been among the few that have managed to actually secure a major economic deal with the […]

India Sets Sight on Develpoment of Iranian Oil Field

The Indian Oil Corp (IOC) has made a bid to operate an Iranian oil field in the Persian Gulf, a report said. According to a report carried by the Economic Times, IOC, India’s largest oil company, is seeking to operate and produce crude oil from the Iranian field in an attempt to promote the South […]

Full List of MoUs signed between India and Iran

Full list of memoranda of understanding signed during the visit of the Indian Prime Minister to Iran: Title of MoU Description Signatory from Indian side Signatory from Iran side 1. India-Iran Cultural Exchange Programme The objective is to extend the CEP for the period 2016-2019 covering the areas of culture and art; radio, TV, mass […]

India to Invest $500m in Strategic Iranian Port

By John Lee. Indian Prime Minister Narendra Modi has announced that India will invest $500 million to develop the strategically important Chabahar port, close to Iran’s border with Pakistan. From Chabahar, India could access Afghanistan directly, without going through neighbouring Pakistan. “Afghanistan will get an assured, effective and a more friendly route to trade with […]

Japan Sets Sight on Development of Chabahar Port

The Japanese government has expressed willingness to contribute to the development of the southeastern Iranian port of Chabahar, a report said. According to a report by Japan’s Nikkei newspaper on Saturday, Tokyo hopes to join India and play a role in the construction of port of Chabahar, which is set to include a port and […]