instc

instc could serve as the route for Southeast Asian countries to send their cargo to Europe instead of the Suez Canal to cut down on cost and time.

The absence of viable surface transport connectivity is a serious trade impediment in the Eurasian region. Currently, goods transport between India and Russia takes place via sea route.

India will conduct a dry run study in March 2014 on International North-South Transport Corridor.

Development of the Chabahar port as a "golden gateway" connecting the countries in the Indian Ocean region to Central Asia is a significant example of India-Iran engagement, Iranian ambassador Iraj Elahi has said. The envoy said cooperation between the two countries in implementation of the ambitious International North- South Transport Corridor (instc) is also important examples of the growing bilateral ties.

Amidst rising tensions between Iran and Israel, India closely monitors the Chabahar Port and instc projects, vital for accessing Afghanistan, Central Asia, and Russia. India's decade-long agreement manages Chabahar Port, offering crucial connectivity bypassing Pakistan.

Chabahar Port’s link in Iran with the International North-South Transport Corridor will enhance connectivity with Central Asian countries, drive investment and deepen cultural and political ties, Union minister Sarbananda Sonowal said on Sunday.

Union minister for commerce and industry Nirmala Sitharaman on Thursday said India's engineering exports are likely to cross $60 billion in fiscal 2016-17 on the back of revival of demand in the US and for select products like iron.

New Delhi, Oct 29 () Russia has expressed interest in investing in projects like Delhi-Mumbai Industrial Corridor (DMIC) and smart cities besides railways, and public transport, Commerce and Industry Minister Suresh Prabhu has said.

While Beijing offers OBOR, India has embarked on a Connect Central Asia policy to overcome a disadvantage it has: lack of direct connectivity to the region.

New Delhi, Sep 20 () India and Kazakhstan today discussed deepening cooperation in oil and gas sector as well as expanding the International North-South Transport Corridor by linking it to the Kazakhstan-Turkmenistan-Iran rail link.

A motor rally was held recently in the city to create awareness against rash driving and promote road safety.

Chabahar Port’s link in Iran with the International North-South Transport Corridor will enhance connectivity with Central Asian countries, drive investment and deepen cultural and political ties, Union minister Sarbananda Sonowal said on Sunday.

NSA Ajit Doval and Iranian security council secretary Ali Akbar Ahmadian discussed expanding cooperation, particularly on Chabahar Port and the instc. Ahmadian highlighted the deep-rooted ties and potential for collaboration, emphasizing the importance of strategic projects for regional peace. The conversation occurred after heightened tensions between India and Pakistan, with Iran offering assistance in de-escalation.

With international sanctions on Iran fading as a result of a nuclear agreement, an energy pipeline may be the most positive regional consequence.

India expects to start full-scale operations at Iran's Chabahar general cargo port it has built by the end of May, the country's shipping minister said in a boost for regional trade.

India has signed a significant deal with Iran to manage Chabahar Port for the next decade, a move with far-reaching implications for the region. This diplomatic gesture comes amidst a busy election period and aims to strengthen India's connectivity to Afghanistan, Central Asia, and the larger Eurasian region, bypassing Pakistan's Gwadar port and China's Belt and Road Initiative.

External affairs minister S Jaishankar on Monday began his engagements in Iran by meeting Minister of Roads and Urban Development Mehrdad Bazrpash. In the meeting, both sides held a detailed and "productive" discussion on establishing a long-term cooperation framework on the strategically vital Chabahar port. India has been pushing for the Chabahar port project to boost regional trade, especially for its connectivity to Afghanistan. Jaishankar is also scheduled to meet his Iranian counterpart Hossein Amir-Abdollahian.

Indian Foreign Minister, S Jaishankar, has expressed support for initiatives to boost trade and connectivity in the Shanghai Cooperation Organisation (SCO) region. He stressed the importance of respecting the sovereignty and territorial integrity of all countries and avoiding unviable debt. Jaishankar also mentioned the recently launched India-Middle East-Europe Economic Corridor (IMEC) and the International North South Transport Corridor (instc) as potential drivers of prosperity.

US sanctions on Iran over its suspected nuclear programme slowed the development of the strategic port. Now, New Delhi and Tehran have signed a 10-year pact to operate the port, which will be India’s gateway to landlocked Afghanistan and Central Asia, bypassing Pakistan