Chabahar Deal Between India and Iran: A Major Step Towards Regional Connectivity

On February 17, 2018, India and Iran signed multiple agreements including Tehran leasing to New Delhi operational control of part of the Iranian east coast port of Chabahar for a period of 18 months. The lease contract for Shahid Beheshti Port — Phase 1 of Chabahar — was signed between Port and Maritime Organization of Iran and India Ports Global Pvt. Limited (IPGPL). A 21-member delegation of ministers and businessmen from Iran had accompanied Iranian President Hassan Rouhani to his three-days trip to New Delhi.&nbsp