Chabahar port hand-over on track

“They have moved as per schedule so far and we hope the handover will happen as agreed,” said an official informed of the matter. The positive observation came a day after Iran’s Transport Minister said here that Tehran would proceed with handing over responsibility of running the port to an Indian company in a month. “As per agreement, we are now ready to hand over the port (Chabahar) to the Indian company. We have moved a step in the right direction already. We have provided a banking channel to India and India has accepted that formally,” Abbas Akhoundi, the visiting Iranian minister told Indian media. Mr. Akhoundi held discussions with his Indian counterpart Nitin Gadkari on Thursday and met industry delegates.
On Friday, the Iranian minister attended the Global Mobility Summit organised by the NITI Aayog, where he reiterated that Iran will hand over the facilities of the port next month. At the summit, Prime Minister Narendra Modi delivered a speech in support of greater connectivity in India and in the neighbourhood.
The Iranian commitment to handover the port facilities in October is significant as just in July Tehran had conveyed displeasure to India regarding alleged slow investment from New Delhi into the project. Mr. Akhoundi was hosted in Delhi even as India held the ‘2 plus 2’ Dialogue with the U.S. Secretary of State Michael Pompeo and the Secretary of Defence James Mattis on Thursday.
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