Publish Date: 21 August 2022 - 20:24

Iran welcomes increased investment in Chabahar Port

Tehran, IRNA – Iranian First Vice-President Mohammad Mokhber said on Sunday that Tehran welcomes increased investment in Chabahar Port in southeastern country.

Speaking during a meeting in Tehran with India’s Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal, Mokhber said that the development of Chabahar Port is an exceptional chance for Iran, India and the entire region.

He said that the completion and development of Chabahar Port will help facilitate trade transit via International North-South Transit corridor (INSTC).

The Indian minister, for his part, said that his country welcomes Iran's policy of seeking to turn Chabahar Port into an important international and regional hub.

Sonowal reiterated that India is determined to help the development of the port.

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