Iran and India have solidified their economic ties with a 10-year agreement concerning the operation and equipment of Chabahar, a port city in southern Iran. The deal, inked in Tehran, involved Iran’s Minister of Roads and Urban Development, Mehrdad Bazrpash, and India’s Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal.

The collaboration entails India Ports Global Ltd (IPGL) partnering in the operation and equipping of the freight and container terminals at Shahid Beheshti P...