09-01-2019

Government of India Takes Over the Operations of Port Chabahar

Government of India has taken over the operations of part of  Shahid Beheshti Port Chabahar, Iran during Chabahar Trilateral Agreement meeting, held at Chabahar on 24th December 2018. Office of "India Ports Global Chabahar Free Zone" (IPGCFZ), Indian SPV at Chabahar was also inaugurated jointly by the Head of delegations of India, Iran and Afghanistan. The physical take-over of the terminal area, cargo handling equipment and Office building was completed by 29th December 2018.
 
India has never operated a Port outside its Territories.  With this first step a long journey has commenced, India has written a history with its engagement in Chabahar and now it is leading the regional cooperation and joint efforts to support land locked Afghanistan. This also fulfils India’s long cherished dream of its engagement at Chabahar Port Iran.

IPGCFZ got a vessel to commence the commercial operations. A Cyprus registered Bulk Carrier had arrived Chabahar with 72458 MT of corn Cargo. The vessel MV MACHERAS berthed at our terminal at 0130 hrs on 30th December 2018. Thus IPGCFZ carried out its first cargo operation by discharging the imported cargo (ex Brazil) using pneumatic un-loaders.

India started interacting with Iran on Chabahar Port around 2003 but a major push was received in second half of 2014. As a result of which a MOU between Iran and India, for development of Chabahar Port was signed in May 2015. This MOU translated into a formal 10-year Contract for Equipping and Operating the Chabahar Port, which was executed on 23rd May 2016, during the visit to Tehran by Hon’ble Prime Minister of India. Since there were challenges in activation of the said Contract, the foundation of an interim period Contract was laid during the visit of His Excellency 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 6th May 2018.

 The efforts of Government of India were fully reciprocated by PMO, Islamic Republic of Iran and Iranian Embassy in India, Indian Embassy at Iran, Ministry of External Affairs, Ministry of Finance and Niti Aayog for guidance and continuous support in achieving this major milestone.

Source: Press Release

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