An Iranian parliament lawmaker says a draft deal with India on terminal operations in the southeastern port of Cahabahar is expected to change so that the two countries can agree on a dispute settlement mechanism in the contract.
Mohammad Reza Rezayi Kouchi, who chairs the Iranian parliament�s Construction Committee, said on Saturday that the 10-year deal with India on running the Shahaid Beheshti terminal in Chabahar port will be signed between the two countries once changes to the draft agreement�are ratified in the parliament.
�The two sides have agreed on these changes and there remains only the issue of formalities,� Rezayi Kouchi was quoted as saying by the semi-official ILNA news agency.
The lawmaker said that the Indian company involved in the agreement will be represented with a new name under the revised�deal, adding that a local partner company that has been working with the Indians in Chabahar will be removed from the agreement.