One of the deputies to Iran’s Ports and Maritime Organization, Farhad Montaser, recalls that the rumours were completely misleading because Iran has not confirmed any agreement with India concerning the Chahbahar-Zahedan Railway Project. He stated that Iran has only confirmed two agreements with India that is,
- one is related to the port’s equipment and machinery, and
2. one is related to India’s investment to the tune of $150 million.
