Chabahar port is seen as a gateway for India for trade with Central Asian countries. Photo: APNew Delhi: Once thought to be keen on investing in the strategic Chabahar port development project in Iran, Japan now seems to be hedging its bets. On Sunday, Iranian President Hassan Rouhani inaugurated the first phase of Chabahar port—known as the Shahid Beheshti port. For India, Chabahar port, situated in the Sistan-Balochistan province of Iran and lying outside the Persian Gulf, is considered as a gateway for trade with central Asian countries. He had said the Japanese government was in talks with Tehran and New Delhi for a role in the Chabahar port project along with India.

Source: Mint December 07, 2017 23:03 UTC