Iran must not be further alienated and its interests in CPEC should be developed, says retired Lt-Gen Nadeem Lodhi
A state department official said that the administration would closely examine the project
Indian investment in Phase-1 likely to be more than $200 million
The inking of the commercial contract to build and run the strategic port will help India win access to Afghanistan, Russia and Europe
The agreement to develop Phase-I of Chabahar port, to be inked during PM Modi's two-day visit to Tehran
Iran trip to see inking of Chabahar agreement
An agreement for Exim Bank providing a $150 million line of credit for the development of the Chabahar port will also be signed
In May 2014, both countries signed an MoU to jointly develop the port once the international sanctions against Tehran were lifted.