Chabahar Port: US Gives ‘Written’ Assurance to India Facilitating Banks to Fund $85 mn Equipment Purchase

The port is of great strategic importance for the development of regional maritime transit traffic to Afghanistan and Central Asia

In a big breakthrough, the United States has given a written assurance to India that will help facilitate global banks to fund the purchase of equipment worth $85 million to be erected at Chabahar port which India is developing in Iran. Read More…