CURRENT AFFAIRS

Detailed explanation-1: -In its latest push to develop Iran’s Chabahar port project, India handed over two 140-tonne cranes for loading and unloading equipment to the Iranian government on Sunday.

Detailed explanation-2: -The Chabahar Port is of great importance to India as The trilateral transit agreement signed by India, Iran and Afghanistan allow Indian goods to reach Afghanistan through Iran. It links ports in the western coast of India to the Chabahar port and covers the road and rail links between Chabahar and the Afghan border.

Detailed explanation-3: -India is developing the first phase of Shahid Behesti Port in Chabahar and has invested $85 million in the project as it provides larger connectivity across the region, especially to landlocked Central Asia.

Detailed explanation-4: -India took up the development of Shahid Beheshti terminal under a tripartite agreement on Chahbahar signed with Iran and Afghanistan in May 2016.