India-Iran Chabahar Port Agreement |UPSC Notes

India-Iran Chabahar Port Agreement |UPSC Notes

India and Iran recently signed a 10-year contract to operate the Chabahar port, a significant step in India's strategic and economic vision for Central Asia and beyond. This agreement between Indian Ports Global Ltd. (IPGL) and Iran's Port and Maritime Organisation (PMO) will enable the operation of the Shahid-Beheshti terminal, providing India with a vital trade route that bypasses Pakistan.