After years of negotiations, Delhi and Tehran are expected to sign a multi-year deal, allowing India to develop the Shahid Beheshti Terminal in the Chabahar port. In 2016, India Ports Global Ltd (IPGL) and Arya Banader of Iran had signed a contract to develop the port.
Spokespeople for India's ministries of external affairs, ports, shipping, and waterways, and the Iranian embassy in New Delhi did not respond to a query.
However, an official of ports ministry said the contours of the long-term deal will be finalized next month, and an agreement will likely be signed in September.
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