INSTC

Pakistan ready to trade, India cautious

Recently, newly-appointed Pakistani Foreign Minister Mohammad Ishaq Dar suggested that his country should resume its trade with India that it suspended in August 2019 following Delhi’s revocation of Article 370 for Kashmir. Pakistan will “seriously examine” whether to restart trade with India, he said.

India and Iran sign crucial Chabahar Port contract

Indian Ports Global Limited (IPGL) and Iran’s Port & Maritime Organisation (PMO) have signed a long-term bilateral contract. This agreement allows IPGL to operate the Shahid Beheshti terminal at Chabahar Port for the next 10 years.