Iran Breaks Chabahar Port Agreement With India, Signs $400 Billion Deal With China

by Abhishek Kaushik Jul 14, 2020 • 07:09 PM Views 169

Iran has removed India from the Chabahar Port rail project. The agreement between India and Iran took place four years ago under which the railway line was to be laid on the Afghanistan border to Zahedan. It is being claimed that this agreement was broken due to the delay in funds from India and Iran will now complete the Chabahar rail project by itself. Amid this setback, a big deal of $400 billion between Iran and China is going to bother India. Under this deal, the two countries will work together in the fields of energy, infrastructure, industry, and technology.