India, Iran ink pact to develop Chabahar port, aluminium plant


Tehran, May 23 (PTI): India and Iran today inked a dozen agreements ranging from a contract to develop the strategic Chahabar port to an initial pact to set up an aluminium plant and one on laying a railway line to give India access to Afghanistan and Central Asia.

The 12 agreements and MoUs signed during Prime Minister Narendra Modi visit to Iran to further deepen bilateral ties in diverse fields.

The agreements were signed in presence of Iranian President Hassan Rouhani and Modi, who is the first Indian Prime Minister to visit the Islamic nation in 15 years after Atal Bihari Vajpayee.

The documents were in the fields of economy, trade, transportation, port development, culture, science and academic cooperation.

The key agreement signed was a contract for development of Phase I of the Chabahar port on southern coast of Iran by an Indian joint venture.

Also an agreement to provide USD 150 million credit line was signed by Exim Bank of India.

IRCON signed an initial agreement to lay a rail line from Chabahar port to Zahedan, while state-owned Nalco signed an MoU to look at possibility of setting up a 0.5 million tonne aluminium smelter at Chabahar free trade zone provided Iran gives cheap natural gas.

An MoU was also signed between the Export Guarantee Fund of Iran and the Export Guarantee Corporation of India.

The documents included an MoU between the foreign ministries of both countries for dialogue on policy-making and interaction between think-tanks.

Another MoU was signed between School for International Relations of the Ministry of Foreign Affairs of Iran and the Foreign Service Institute (FSI) of India.

Also signed was an executive protocol between the Ministry of Science, Research and Technology of Iran, and India's Ministry of Science and Technology and an MoU between National Archives of India and National Library of Iran.

An executive programme of cultural cooperation between the Ministry of Culture and Iran's Ministry of Culture and Islamic Guidance as well as an MoU between Iran's Islamic Culture and Relations Organisation and the Indian Council for Cultural Relations was also signed.
  

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Comment on this article

  • krish, Dubai

    Tue, May 24 2016

    Names of Educational Institute
    55 RFG
    21 IFG
    22 JN
    Names of Govt scheme
    25 RFG
    27 IFG
    Names of Tourneaments or trophy
    23 RFG
    4 IFG
    2 JN
    More
    15 scholar ship
    15 National Museum, Park
    5 Airport / port
    74 Road / Bridges/Building
    51 Awards
    37 Institution
    39 Medical Instituion and Hospital


    And for commen Man
    only Public Toilet????

    DisAgree [2] Agree [1] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, May 24 2016

    All Gas ...

    DisAgree [9] Agree [2] Reply Report Abuse

  • Vincent Rodrigues, Frazer Town,B'lore

    Tue, May 24 2016

    What is happening in India need to be corrected before we sign agreements in foreign countries.Let us learn to keep our house clean first and rest the next.

    DisAgree [13] Agree [2] Reply Report Abuse

  • SS, Bannajje

    Mon, May 23 2016

    One more milestone achieved.
    Pak n China wants to think twice now onwards.
    Tit for Tat..
    We even asked pak to have sharw in pak's seaport but refused.

    DisAgree [5] Agree [19] Reply Report Abuse

  • Rosario Fernandes, Kallianpur

    Mon, May 23 2016

    Very good Modiji. But also keep in mind that with all your efforts to popularise yourself globaly, what is happening within your country. How will you prove the world the dirty politics going on within.

    DisAgree [9] Agree [19] Reply Report Abuse

  • sri, Karkala

    Mon, May 23 2016

    Good...
    India is having great prime minister after bharatharatna Vajpayee. So we are proud of bjp government.

    DisAgree [8] Agree [22] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, May 23 2016

    How many Billions is he coming back with ...

    DisAgree [26] Agree [12] Reply Report Abuse

  • sri, Karkala

    Mon, May 23 2016

    You are thinking in a congress way. In fact congress never do any work without making money.

    DisAgree [8] Agree [20] Reply Report Abuse

  • HINDU, kUDLA/ Bharath

    Tue, May 24 2016

    Jossey,
    Please Ask your friend Oscar (OF) on how thinks are broken down between AP , FAM, OF and TY Oscaranna has the knowledge
    Stop showing your Mumbai Arrogance and ignorance about a dedicated and Honest Primeminister- Just because you do not know good from bad .

    DisAgree [4] Agree [13] Reply Report Abuse


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Title: India, Iran ink pact to develop Chabahar port, aluminium plant



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