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Chabahar Port deal
May 17 , 2024
48 days
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- India signed an agreement with Iran to manage the southeastern Iranian port of Chabahar for the next 10 years.
- India has been developing a part of the port in Chabahar, which is located on Iran's southeastern coast along the Gulf of Oman.
- This move, taking place amidst a busy election season, is seen as a significant geopolitical outreach to Iran with major regional implications.
- This marks the first instance of India taking over the management of an overseas port.
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