India port deals puts Iran closer to trading hub
Indian Prime Minister Narendra Modi, Iranian President Hassan Rouhani and Afghan President Ashraf Gani after signing agreements in Tehran on Monday./ Dubai: Iran moved closer to realising its ambitions of becoming a regional trading hub this week with India committing to developing the country’s only port with direct ocean access. Iran, India and Afghanistan agreed on Monday to revive a 2003 project to build a trading corridor that would connect Afghanistan to the Indian Ocean via Iran. India is committing $500 million (Dh1.83 billion) to ...
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