India, Iran sign 10-year agreement to develop port project

The agreement will give India 10-year access to use the port, located close to Iran’s southeastern border with Pakistan, according to Iran’s Ministry of Roads and Urban Development.

India in 2016 agreed to finance the development of the Iranian port as a trading hub for central Asia as Prime Minister Narendra Modi sought to revive economic ties with Tehran after the lifting of sanctions. “Chabahar… can act as a focal point in the transit developement of the region,” Bazrpash said at the signing ceremony.“Iran and India are seeking to develop Chabahar port as much as possible, taking into account the interests of the two countries for joint access to regional markets,” the Indian minister said.

A Russian court on the annexed peninsula of Crimea has handed down prison sentences of up to 16 years to five Ukrainian citizens accused of sharing military intelligence with Kyiv, state media reported Monday. A former member of the Board of Trustees of Peoples Democratic Party in Edo State, Charles Idahosa, on Monday defected to the All Progressives Congress , saying he regretted supporting Edo State Governor Godwin Obaseki four years ago. Idahosa said his greatest regret is not stopping Governor Godwin Obaseki from resigning in 2020…

Operatives of the National Drug Law Enforcement Agency have intercepted three trailer loads of opioids at Abule Ado in Amuwo Odofin Local Government Area of Lagos State.

India Ports Global Limited (IPGL) India/Iran Ties Port Project

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