CURRENT AFFAIRS

Detailed explanation-1: -Iran’s Deputy Foreign Minister Ali Bagheri Kani has said that the development of Chabahar Port is important for the completion of the International North South Transit Corridor (INSTC).

Detailed explanation-2: -The Chabahar port actually contains two separate ports called Shahid Kalantari and Shahid Beheshti. Indian firm India Ports Global Limited took over operations at the Shaheed Beheshti Port.

Detailed explanation-3: -The bilateral agreement between India and Iran gives India the right to develop two berths of the Chabahar port as agreed in 2015 and allows them to be operated for 10 years by India Ports Global, a joint venture between Jawaharlal Nehru Port Trust and Kandla Port Trust, in partnership with Iran’s Aria Banader.

Detailed explanation-4: -The shipment contained 570 tons of export goods carried by 23 vehicles. Landlocked Afghanistan has sent its first export shipment to India through Iran’s strategic Chabahar Port.