ANI
30 Jul 2021, 00:26 GMT+10
New Delhi [India], July 29 (ANI): India has proposed to include the Chabaha port in the framework of the International North-South Transport Corridor (INSTC) and has welcomed the formation of the India-Uzbekistan-Iran-Afghanistan Quadrilateral Working Group on the joint use of Chabahar port.
A meeting of the joint group likely to be held under a quadrilateral framework later this year on joint use of the port.
Briefing reporters at the weekly media briefing, Ministry of External Affairs spokesperson Arindam Bagchi referred to External Affairs Minister S Jaishankar's remarks at a recent meeting on connectivity in Tashkent in which he highlighted that India has taken practical steps since 2016 to operationalize the Chabahar port"You would have seen EAM's remarks at recently held meeting on connectivity in Tashkent, where he highlighted that India has taken practical steps since 2016 to operationalize the Chabahar port and that its efficacy is now clearly proven. India has proposed to include the port in the framework of International North-South Transport Corridor and has welcomed the formation of India-Uzbekistan-Iran-Afghanistan Quadrilateral Working Group on the joint use of Chabahar port," the spokesperson said.
"The meeting is likely to take place in the later half of this year," he added.
Bagchi said that since December 2018, Chabahar port has handled 134 vessels, 14258 TEUs of containers and more than 2.08 million metric tons of bulk and general cargo.
Jaishankar had in March this year proposed the inclusion of Chabahar Port in Iran in the INSTC and invited Uzbekistan and Afghanistan to join the multi-lateral corridor project.
INSTC is a trade corridor project in which India is partnering with several other countries.
INSTC is a 7200-kilometer ship, rail, and road route for moving freight between India, Russia, Iran, Europe and Central Asia. The members INSTC project are India, Iran, Russia, Azerbaijan, Kazakhstan, Armenia, Belarus, Tajikistan, Kyrgyzstan, Oman, Syria, Turkey, Ukraine, and Bulgaria (observer).
Jaishankar had said that the move reflects India's strong commitment to work together with all regional stakeholders to enhance connectivity "in our region and to provide unhindered access to the sea, to land-locked Central Asian countries through Chabahar Port".
India started interacting with Iran on Chabahar Port around 2003 but a major push was received in the second half of 2014, resulting in the signing of an MoU between the two countries for the development of the port in May 2015. This MoU translated into a formal 10-year contract for equipping and operating the Chabahar Port, which was executed in May 2016. (ANI)Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationMADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...