The three nations are expected to study a report by the Indian
Ports Association (IPA) on possible commercial activities through
Chabahar port. "It (report) has a number of different possibilities and
we are studying it ... The idea is to take forward what we need to do
with Chabahar. What is in our common interest ..." Indian Foreign
Secretary Ranjan Mathai said.
Iran wants to increase the capacity of the port from 3 million tons
to 6 million tons in the first phase, and pushing it up to 10 million
tons in the second phase, starting 2013. The trilateral meeting will
also decide when and how to build railway infrastructure to move freight
up to Afghanistan as well as development of the free trade zones.
The meeting will set up an experts group to work on the modalities
to develop the port. India will make substantial investments in the
port, some of which will come from the rupee payments for oil that India
is importing from Iran, but it is yet to take a decision on investing
in the port's development.
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