Recently India, Iran
and Afghanistan signed a historic trilateral contract for the establishment of
a transport and transit corridor among the three countries. According to the
deal India will invest $500 million to develop the strategically important Chabahar
port in Iran which is near to Pakistan border. The central point of the deal is
the construction of the Chabahar port by India in two phases. Two firms –India’s
India Ports Global Private Limited (IPGPL) and Iran’s Ports and Maritime
Organization (PMO) have signed the agreement for the construction of the port. Why
this deal so important for India, let us see:-
and Afghanistan signed a historic trilateral contract for the establishment of
a transport and transit corridor among the three countries. According to the
deal India will invest $500 million to develop the strategically important Chabahar
port in Iran which is near to Pakistan border. The central point of the deal is
the construction of the Chabahar port by India in two phases. Two firms –India’s
India Ports Global Private Limited (IPGPL) and Iran’s Ports and Maritime
Organization (PMO) have signed the agreement for the construction of the port. Why
this deal so important for India, let us see:-
- India depends on Pakistan for its land
connectivity to the central Asia, and right now it does not allow India to pass
through their territory. So Chabahar deal offers a bypass in transporting goods
to Afghanistan using a sea-land route.
- This port will help India gain access to
the Middle-East and Central Asia and make her presence felt there. Also India
need not to depend on China sponsored Road and belt project to connect with Central
Asia.
- Most importantly this deal will help
India to strengthen its foothold in Arabian sea against the China, as China is
also developing Gawadar port in Pakistan which is 200 kms from Chabahar port.
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