19th Session of Iran-India Economic Commission

  • India’s Foreign Minister S. Jaishankar co-chaired the session with his counterpart, Mohammad Javad Zarif. The outcome of the meeting includes satisfaction with the two countries’ on cooperation in Chabahar in southeastern Iran where India has been given operational control of Shahid Beheshti Port (phase one of Chabahar Port).
  • India has re-affirmed that the completion of Chabahar-Zahedan railroad and its connection to Iran’s nationwide rail network will not only enhance the status of the port, but will also cause a transformation in regional trade and the transit of goods from a shorter and cheaper route. Chabahar Port provides an alternative route for trade between India and Afghanistan. In 2017, India sent its first shipment of wheat to Afghanistan through the strategic Iranian port.
  • Also, due to unsettled peace in the gulf region, Iranian President Hassan Rouhani has proposed the Hormuz Peace Endeavor that can be a solution to protect the security and stability of the region.