India, Iran to sign 10-year agreement for operations at Chabahar port29Photo2Video© hindustantimes.com

India, Iran to sign 10-year agreement for operations at Chabahar port

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The long-term agreement, which will be valid for 10 years and will be extended automatically, was being negotiated by the two sides over the past three years or so and had been primarily held up by differences on a clause related to arbitration.

It will replace an initial pact inked in 2016 that covered India’s operations at Shahid Beheshti terminal of Chabahar port and has been renewed on an annual basis.

Sonowal flew from New Delhi to Tehran on a special Indian Air Force (IAF) flight and people familiar with the matter on both sides said his visit was linked to the signing of the 10-year agreement for operations by state-run India Global Ports Limited (IGPL) Shahid Beheshti terminal.