Iran, India agree port deal, reviving trade ties

India agrees to finance the development of an Iranian port as a trading hub, as Prime Minister Narendra Modi seeks to revive economic ties with Tehran after the lifting of sanctions.

The Indian leader meets Iranian officials, including President Hassan Rouhani, on a visit to Tehran that he says will mark “a new chapter in our strategic partnership.”

Modi’s visit, the first by an Indian premier to Iran in 15 years, comes after international sanctions against Tehran were lifted in mid-January following an agreement with world powers over its nuclear program.

— AFP

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