Iran and India Agree to Lease Part of Chabahar Port to New Delhi
India and Iran sealed nine agreements during a visit by the Iranian President to New Delhi including a key accord that leases operational control of part of the Iranian port of Chabahar to New Delhi for 18 months. India is helping develop the port to create a strategic trade route to landlocked Afghanistan and Central Asian Republics, bypassing rival Pakistan. Indian Prime Minister Narendra Modi and Iranian President Hassan Rouhani also agreed to step up efforts to bring stability to war-ravaged Afghanistan after holding talks in New Delhi. "We both will work for restoring peace, stability, prosperity and a pluralistic system in Afghanistan," Modi said. “We want to see our region free from terrorism.” During his three-day visit to India, the Iranian leader, who faces the threat of reimposition of sanctions, focused on seeking Indian investments as he tries to shore up his country’s economy. Prime Minister Modi sent out...
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