The port at Chabahar received significant financing from India. AFP PHOTO
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Iran inaugurated a long-awaited new port at Chabahar in the southeast Sunday, which is hoped will be a major new trade hub linking India and Africa with Central Asia.The port has been under construction for a decade by Khatam Al Anbia, the giant conglomerate owned by Iran's elite Islamic Revolutionary Guard Corps.Rouhani underlined the importance of Chabahar as Iran's only port outside the Gulf, and therefore outside an area that is often the locus of tensions with the U.S. Navy and Iran's regional rivals.
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