The government on Thursday said it has decided to expedite investments in Chabahar Free Zone. The development comes after India and Iran held a bilateral meeting to review the Chabahar Port project. During the bilateral meeting Iran was represented by minister for road and urban development Abbas Akhoundi, while India was represented by minister for road transport, highways and shipping Nitin Gadkari. “It was also decided to expedite the implementation of other projects between India and Iran including construction of the Chabahar-Zahedan Railway and India’s investment in Chabahar Free Zone,” an official statement from the Indian ministry of road transport and highways said. “The agreement was a turning point in regional connectivity and it will have positive impact,” said the official statement quoting Akhoundi.

Source: Hindustan Times September 29, 2016 16:52 UTC