India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed U.S. sanctions against Tehran.
The Indian-backed Chabahar port complex in Iran is being eveloped as part of a new transportation corridor for land-locked Afghanistan that could potentially open the way for millions of dollars in trade and cut its dependence on Pakistan, its sometimes-hostile neighbour.
The port would offer easy accessibility to CIS countries, Transport and Shipping Minister Nitin Gadkari said in the statement. Read Morea
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