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Iran President to visit Hyderabad on Thursday


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Iran President Rouhani to visit Hyderabad on Thursday,  he will address a Muslim congregation

Modi has said the government could spend up to $500 million on the Iran Chabahar port, India's first major overseas port venture, as it tries to offer alternatives to China's One Belt One Road initiative to build trade and transport links across Asia. India said its firms could spend as much as $20 billion on not just the port but also petrochemical plants, railway lines and other industries in the areas.

The two sides are expected to sign an agreement allowing India to run operations in the first phase of the Chabahar port project.

The port is about 72 km from the Pakistani port of Gwadar, which China is developing.

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