Bilateral talks between India and Iran preceded the Indo-Iran Joint Business Seminar which focused on the Chabahar Port and opportunities in the Free Zone and Transit Corridors and was attended by nearly a hundred delegates from the public and private sector and various trade bodies from both countries. During the seminar, presentations were made by the Managing Director, India Port Global Limited, the Managing Director of Port and Maritime Organisation of Iran and by their Deputy Minister of Transport, on Transit Corridors and Transhipment.
Representing India at the talk, Nitin Gadkari, Minister of Shipping, said that the Chabahar Port will be a growth engine for India opening up an alternate route for exports to Afghanistan and Russia as well as open up business opportunities for investors of both India and Iran to invest in each other’s country. Dr Abbas Akhoundi, Iranian Minister of Roads and Urban Development spoke of various infrastructure projects in Iran and highlighted the investor friendly business environment, particularly in the transportation and logistics sector in his address at the talk. Mansukh Mandaviya, Minister of State for Shipping, expressed his views on the initiatives taken by the Indian Government to enhance bilateral cooperation in the maritime sector.