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Iran invites Pakistan to join Chabahar project with India

India, Iran and Afghanistan signed a trilateral agreement in 2016

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Chabahar Port is of great international significance in terms of trade, especially for India. Wikimedia Commons
Chabahar Port is of great international significance in terms of trade, especially for India. Wikimedia Commons
  • Iran has invited Pakistan to join Chabahar port project
  • It is a very crucial port of great importance
  • India, Iran and Afghanistan have already signed a trilateral agreement in 2016

Iranian Foreign Minister Javad Zarif has invited Pakistan to participate in the Chabahar Port project that connects India to Afghanistan, Central Asia and Eastern Europe, a leading Pakistani daily reported on Tuesday.

Chabahar Port is built and operated by India. Wikimedia Commons

The move may be seen as Zarif’s bid to allay concerns here over the Indian involvement in the Iranian port, Dawn online reported. The Iranian minister also, meanwhile, extended the invitation to China.

“We offered to participate in the China-Pakistan Economic Corridor (CPEC). We have also offered Pakistan and China to participate in Chahbahar,” Zarif, who is on a three-day visit to Pakistan, said while delivering a lecture at the Institute of Strategic Studies Islamabad (ISSI) on Monday, according to the daily.

India, Iran and Afghanistan signed a trilateral agreement in 2016 to jointly develop the Chabahar port, opening a new strategic transit route between the three nations and other Central Asian nations, bypassing Pakistan. In November 2017, India delievered the first consignment of wheat to Afghanistan through the Chabahar Port.

Also Read: All You Need To Know About India’s Strategic Chabahar Port

Zarif had earlier held bilateral talks with his Pakistani counterpart Khawaja Asif and addressed a trade conference. The visiting Foreign Minister is being accompanied by a large trade delegation from Iran.

He also said that Gwadar Port and Chabahar Port needed to be linked through sea and land routes for development of deprived Eastern and South-eastern Iran and South Western Pakistan. “We are taking measures to do that and there is an open invitation to Pakistan to participate in that,” Zarif said.

Chabahar Port will make India's trade with Afghanistan easier. Wikimedia Commons
Chabahar Port will make India’s trade with Afghanistan easier. Wikimedia Commons

He also said that the Chabahar port project was not meant to “encircle Pakistan … strangulate anybody”, adding that Iran would not allow anybody to hurt Pakistan from its territory, much like Pakistan would not allow its soil to be used against Iran.

Zarif likened Iran’s relations with India to Pakistan’s ties with Saudi Arabia. “Our relations with India, just like Pakistan’s relations with Saudi Arabia, are not against Islamabad as we understand Pakistan’s relations with Saudi Arabia are not against Iran.” IANS

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India Gets Assistance of Rs 3,420 Crore From Japan

The project for the construction of Chennai road aims to meet increasing traffic demands in the metropolitan area and installing Intelligent Transport Systems,

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Japan will be giving a loan of Rs 3,420 crore to India to assist in constructing the Chennai Peripheral Ring Road and for joint efforts towards meeting the UN Sustainable Development Goals (SDGs).

“The loan agreements were signed here today (Friday) between the Government of India and Japan International Cooperation Agency (JICA), New Delhi under Japanese Official Development Assistance Loan Program,” the Ministry of Finance said in a statement.

The Japanese ODA loan is for construction of phase one of Chennai Peripheral Ring Road for about Rs 2,470 crore and for Japan-India cooperative actions towards SDGs in India for about Rs 950 crore.

FDI
The Japanese ODA loan is for construction of phase one of Chennai Peripheral Ring Road for about Rs 2,470 crore and for Japan-India cooperative actions towards SDGs in India for about Rs 950 crore. www.trafficchallan.co.in

The agreements were signed by Finance Ministry Additional Secretary C.S. Mohapatra and JICA New Delhi Chief Representative Katsuo Matsumoto, the Ministry said.

Also Read: Now India is One of The Most Open Countries for FDI: Narendra Modi

The project for the construction of Chennai road aims to meet increasing traffic demands in the metropolitan area and installing Intelligent Transport Systems, thereby contributing to mitigation of traffic congestion and promoting Regional Economic Development.

The other program aims to promote SDGs in India, mainly in social development, by supporting the efforts by the Indian government to strengthen the policy framework and implementation mechanism, thereby supporting India in achieving SDGs by 2030, it added.(IANS)