Iran and India to develop Chabahar Port and Central Asian rail link

High-ranking officials from Iran and India have signed a “comprehensive” agreement on economic cooperation that includes a statement of intent to cooperate on the development of Chabahar port in southern Iran and the construction of a rail link between India and Central Asia.
The 73-point agreement was rubber-stamped at a meeting in New Delhi late last month between Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia and India’s Foreign Minister Sushma Swaraj that also covered projects in the energy, infrastructure, banking, consular affairs, trade and tourism sectors. Volumes of trade between the two countries could double once sanctions were lifted, Tayyebnia said.