India, Iran agree to accelerate Chabahar development

India and Iran agreed to accelerate work on the strategic Chabahar project as External Affairs Minister S Jaishankar held wide-ranging talks with his Iranian counterpart Javad Zarif on regional and global issues of mutual interest.

Daily Current Affairs Quiz 2019 Chabahar port jointly being developed by India, Iran and Afghanistan is considered a gateway to golden opportunities for trade with central Asian nations by the three countries. It is located on the Indian Ocean in the Sistan and Baluchestan province of Iran. Iran and Afghanistan inked a pact the establishment of Transit and Transport Corridor among the three countries using Chabahar Port as one of the regional hubs for sea transportation in Iran, besides multi-modal transport of goods and passengers across the three nations.