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India takes over part of Iran's Chabahar Port ops

India takes over part of Irans Chabahar Port ops

New Delhi: India has taken over operations of the strategic Chabahar port in the Sistan-Balochistan province of energy-rich Iran's southern coast, the government said Monday. This is the first time India will be operating a port outside its territory. "The Government of India took over the operations of a part of Shahid Beheshti Port, Chabahar, in Iran during the Chabahar Trilateral Agreement meeting held there on December 24, 2018," the Shipping Ministry said in a statement here.

The heads of Indian, Iranian and Afghanistan delegation jointly inaugurated the office of the Indian SPV - India Ports Global Chabahar Free Zone (IPGCFZ) at Chabahar. "The physical take-over of the terminal area, cargo handling equipment and Office building was completed by December 29, 2018," the statement said.

Commercial operations began at IPGCFZ with the arrival of a vessel, it said adding, a Cyprus registered bulk carrier had arrived at Chabahar with 72,458 MT of corn cargo.

The vessel MV Macheras berthed at the terminal at 0130 hrs on December 30, 2018, and IPGCFZ carried out its first cargo operation by discharging the imported cargo(ex Brazil) using pneumatic un-loaders, it added.

"This step marks the beginning of a long journey. India has written a history with its engagement in Chabahar and is now leading the regional cooperation and joint efforts to support land locked Afghanistan. This is the first time India will be operating a port outside its territories," the statement said.

India started interacting with Iran on Chabahar Port around 2003 but a major push was received in the second half of 2014, resulting in the signing of an MoU between the two countries for the development of Chabahar Port in May 2015.

This MoU translated into a formal 10-year contract for Equipping and Operating the Chabahar Port, which was executed on May 23, 2016, during Prime Minister Narendra Modi's visit to Tehran.

"Since there were challenges in activation of the said contract, the foundation of an interim period contract was laid during the visit of Hassan Rouhani, President of Islamic Republic of Iran to New Delhi in February 2018. Resultantly, a formal short term Contract between the two sides was signed on May 6, 2018," the statement said.

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