INSUBCONTINENT EXCLUSIVE:
made the comments in a phone conversation with Iranian Foreign Minister Hossein Amir Abdollahian on Tuesday as the two chief diplomats
discussed a variety of subjects concerning Tehran-Madrid ties and global developments.Albarez praised the strengthening of bilateral
India over the development of Chabahar port in southeast Iran.Iraj Elahi gave the foreign minister an update on the development of bilateral
relations and the schedule of the upcoming Joint Economic Commission meeting.In the meeting, the foreign minister stressed the importance of
membership in BRICS, the foreign minister said that India is a significant and crucial connection in the North-South international
corridor.India intended to use Chabahar as a gateway to Central Asian markets.In 2016, India committed $85 million for the development of
Chabahar, along with a $150 million line of credit
As of 2023, India has supplied six gantry cranes to the tune of $25 million for the development of the port.However, the attempt was
hampered by Western sanctions on Iran
India offered $100 million to construct the port in 2013, but events moved forward following the 2015 nuclear deal between Iran and the
