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Chabahar corridor, a major success: Iranian minister

News Agencies | Updated on: 18 January 2018, 14:10 IST
Chabahar Port (ANI)

Iran's Deputy Foreign Minister Seyed Kazem Sajjadpour on Thursday said that the Chabahar corridor agreement has become a major success.

"Chabahar corridor is a major example of success in connectivity between Iran, Afghanistan and India. There is no competition between these orders. It's a win-win (situation) for all stakeholders", said Sajjadpour.

In May 2016, India signed the historic deal to develop the strategic port of Chabahar in Iran and agreed on a three-nation pact to build a transport-and-trade corridor through Afghanistan that could help halve the time and cost of doing business with Central Asia and Europe.

--ANI

First published: 18 January 2018, 14:10 IST