India Takes Over Operations Of Chabahar Port In Iran

Indian firm India Ports Global Limited formally took over the operations of Chabahar’s Shaheed Behesti port in Iran, which opens a trade route between India and central Asia bypassing Pakistan.

The company opened its office following the first meeting of the follow-up committee for implementation of the trilateral Chabahar Agreement between India, Iran, and Afghanistan.

Source: The Hindu

Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:

  • Iran President: Hassan Rouhani, Capital: Tehran, Currency: Iranian rial.

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