Tuesday, 19 June, 2018

Chabahar port, made by India, inaugurated in Iran

Chabahar Port Chabahar Port was today thrown open by Iran
Andrew Cummings | 05 December, 2017, 02:30

On Sunday, the first phase of the Chabahar port was officially inaugurated by Hassan Rouhani, the President of Iran.

The Chabahar port in Iran, which gives India access to central Asia bypassing Pakistan's Gwadar Port, which is being built by China, was inaugurated on December 3. While India made a deal worth over Rs 50,000 crore a year ago to develop Chabahar special economic zone, it had already taken several other measures to increase cooperation with Afghanistan and Iran.

Chabahar Port is geographically located in a very convenient position for India, which is in Southeast Iran at the Gulf of Oman and serves as Iran's only Oceanic Port in the Indian Ocean.

The overall development of the port is planned in four phases and is expected to bring its total annual cargo capacity to 82 million tonnes.

Twins become world's first bitcoin billionaires
However, it seems Bitcoin's vast popularity is slowly gaining traction among private entities and financial regulators. The twins, who went to Harvard and Mark, had invested $ 11 million in Bitcoin four years ago.

Marchionne keeps the pressure on F1 - reiterates quit threat
Sauber has unveiled its concept livery for the 2018 Formula 1 season, in the wake of its collaboration with FCA brand Alfa Romeo .

Darron Lee a healthy New York Jets scratch vs. Chiefs
But their free-fall continued, and the New York Jets are on the rebound. "That's why he left the field", coach Andy Reid said. Peters was penalized for throwing a penalty flag into the stands after the Jets' two-point try with 2:15 left in the game.

The Indian government has committed $500 million to Chabahar, with the aim of joining an increasingly important transport corridor to resource-rich regional countries, according to Indian sources. In fact, reaching out to Afghanistan is one of the prime strategic objectives of the Chabahar port project for India. It is easily accessed from India's western coast, thus bypassing Pakistan. The two ministers are understood to have reviewed the implementation of the Chabahar port project in which India is a key partner. "We welcome the development of friendly relations between the regional countries and conduct mutually beneficial cooperation", he said. India's state-owned IRCON has agreed to build a rail route at a cost of $1.6 billion as part of the transit corridor to Afghanistan.

New Delhi views the Chabahar port project as a strategic response to China's development of the Gwadar port in Pakistan, and its aggressive pursuit of the Belt and Road Initiative. Chabahar also has an global airport and Iran's Navy and Air Force have bases in the city, adding to the ports value. Gwadar is a deep-sea port in the Arabian Sea in Balochistan province of Pakistan, close to Iran, which is only about 80 Kms from Chabahar. "It was also chose to convene an expert-level meeting of senior officials of the three countries at the earliest", the joint statement said.

Reiterating the importance of Chabahar as a hub for regional economic connectivity and their commitment to work towards this objective, the Ministers commended the joint efforts of the three countries in the recent successful transit of wheat from India to Afghanistan through Chabahar.

Giving a boost to the bilateral ties between India and Iran, External Affairs Minister Sushma Swaraj has made an unannounced visit to Tehran, while returning from Sochi in Russian Federation, ahead of the inauguration of the strategically important port.

Recommended

Yemen ex-president killed as fighting shakes capital Yemen ex-president killed as fighting shakes capital Earlier on Monday, a Sanaa-based activist said that the Houthis had gained control of most of Sanaa from Saleh's forces. Saudi Arabia, accusing Iran of backing the rebels, intervened in Yemen on behalf of the government the following year.

Amazon Marketplace Has Finally Launched In Australia Amazon Marketplace Has Finally Launched In Australia A Lenoxx 9-inch Twin Screen Portable DVD player, which retails for $149 on Kogan.com , is $172.38 plus $9.45 delivery on Amazon . Australian tech startup Koalasafe has been selling its product via the Amazon Marketplace since 2015 .

Facebook launches new messaging app made for kids Facebook launches new messaging app made for kids No ads means that Facebook will collect "little data" since it won't be doing targeted advertising towards kids on Messenger Kids. More than 2 billion people use Facebook every month, not counting subsidiary apps such as Messenger, WhatsApp and Instagram.

JT Barrett and Ohio State make their case with win over Wisconsin JT Barrett and Ohio State make their case with win over Wisconsin Barrett to wide receiver Terry McLourin after McLourin burned Badgers safety Joe Ferguson in man-to-man coverage. That would shake up the bowl locations, but the sandwich game in the Rose Bowl seems more likely.

Supermoon photos: See unbelievable shots of 2017 lunar spectacle Supermoon photos: See unbelievable  shots of 2017 lunar spectacle Stargazers, astronomers and curious sky-watchers get a chance to witness the first and only full moon supermoon of 2017. While the moon is always a attractive sight in the sky, occasionally skywatchers are treated to a special "supermoon".

LaVar Ball reportedly pulls son LiAngelo Ball from UCLA LaVar Ball reportedly pulls son LiAngelo Ball from UCLA It's unclear what the future of LiAngelo Ball will be after leaving the UCLA Bruins , but a quote from LaVar Ball in a June interview with GQ might provide an indication.

Giants, Stanton reps meet in LA Giants, Stanton reps meet in LA Meantime, the rival Giants are hoping Stanton determines San Francisco would suit him as a runner-up choice. The agreement of the deals was part of the precondition for Stanton to meet with officials from both clubs.

De Gea 'best in world' as United beat Arsenal 3-1 De Gea 'best in world' as United beat Arsenal 3-1 City are five points ahead of United, but can extend that lead to eight if they beat lowly West Ham on Sunday. "We are second in the table".

New England Patriots take on the Buffalo Bills New England Patriots take on the Buffalo Bills Patriots CB Stephon Gilmore returned to Buffalo for the first time since leaving the team in free agency during the offseason. Lee, who played a large role with Kyle Van Noy limited due to a calf injury, also sacked Taylor and deflected a pass.

Guardiola asked to explain Redmond incident by FA Guardiola asked to explain Redmond incident by FA Meanwhile the City manager still insisted he meant no disrespect to Southampton or their manager Mauricio Pellegrino, his former Barcelona team-mate.

Former Yemeni President Saleh Offers Talks To Saudi-Led Coalition Former Yemeni President Saleh Offers Talks To Saudi-Led Coalition Clashes between Mr Saleh's forces and Houthi fighters are continuing in the capital, Sanaa. The GPC appealed to the army and security forces to remain neutral in the conflict.

Residents get a glimpse of the 'supermoon' Sunday night Residents get a glimpse of the 'supermoon' Sunday night When two full moons occur in the same month, the second is sometimes called a blue moon or, in this case, a super blue moon. CT residents will have their eyes peeled to the sky Sunday night as the "supermoon" makes its only appearance in 2017.

Yankees tab Boone as new manager Yankees tab Boone as new manager The person was not authorized to discuss the move because the Yankees have not announced it. After his job interview, Boone said he grasped the demands.

Israel hits missiles at military post near Damascus Israel hits missiles at military post near Damascus The British broadcaster commissioned a series of satellite pictures that showed widespread construction at the site. Syrian media reported Saturday that the " Israeli enemy fired missiles at an army base outside Damascus".

IPhone X Banned? Qualcomm Files Lawsuit Asking For iPhone Ban IPhone X Banned? Qualcomm Files Lawsuit Asking For iPhone Ban Qualcomm is now going after Apple from a different angle as the legal battle between the two companies continues to heat up. In the latest escalation of the almost year-long legal battle , Qualcomm filed three complaints Wednesday in U.S.