Tag: Gwadar

‘Win-win deal’: India, Iran sign 10 year contract for Chabahar Port amid Gaza war

‘Win-win deal’: India, Iran sign 10 year contract for Chabahar Port amid Gaza war

New Delhi: India’s first-ever overseas port investment in Iran’s Chabahar got a boost Monday after Tehran and New Delhi signed a long-term contract. This will allow India Ports Global Private Limited (IPGPL), an Indian state-owned entity, to manage and operate a terminal in the port for 10 years, instead of having to renew a short-term contract every year as was the case earlier. India is also believed to have agreed to extend a credit line of $250 million to Iran for Chabahar-related development, according to a statement by India’s embassy in Iran on X. The statement was subsequently deleted. Screenshot of the now-deleted statement | Pic credit: X Shipping Minister Sarbananda Sonowal signed the deal with Mehrdad Bazrpash, Minister of Roads and Urban Development of Iran, in Tehran on M...

Pakistan: 7 Killed As Terrorists Open Fire At Residential Quarters In Balochistan

Seven workers were killed as terrorists opened fire at a residential quarters in the wee hours of Wednesday in Pakistan's Gwadar in Balochistan province, reported ARY News.  Unidentified gunmen opened fire on a residential quarter near the Gwadar Fish Harbour in the Surbandar area, leaving seven dead and one injured, said Gwadar Police Station Station House Officer (SHO) Mohsin Ali, reported Geo News.  According to the police, the deceased and the injured used to work in a barber shop in the area and hailed from Khanewal district in Punjab province.  ALSO READ: US Halts Bomb Shipment To Israel Over Concerns For Rafah Operations The injured person has been taken to the Gwadar Hospital and the all the dead bodies have also been shifted to the hospital, the...