First phase of Chabahar port inaugurated today: 10 points

| Updated: Dec 3, 2017, 15:30 IST

Highlights

The first phase of the Chabahar port was inaugurated today, opening up a new strategic transit route between India, Iran and Afghansitan that will bypass Pakistan. Here's why the Chabahar port is crucial to regional trade and India's economic ties to its partners in this tripartite project:
1. The first phase of Chabahar port was inaugurated on Sunday, opening up a new strategic transit route among Iran, India and Afghanistan, bypassing Pakistan.

2. The port, located in Iran's southeastern Sistan-Baluchestan province, was inaugurated by Iranian President Hassan Rouhani in the presence of representatives from India, Afghanistan and several other countries of the region.

3. The first phase of the Chabahar port project is known as the Shahid Beheshti port.

4. Iran is believed to have asked the Indian government to "manage" or operate the first phase of the port, until work for the second phase is finalised.

5. The port is likely to ramp up trade among India, Afghanistan and Iran in the wake of Pakistan denying transit access to New Delhi for trade with the two countries.

6. Ahead of the inauguration, External Affairs Minister Sushma Swaraj and her Iranian counterpart Javed Zarif held a meeting in Tehran on Saturday to review the implementation of the Chabahar port project, among other issues.

7. The Iranian Foreign Ministry said Zarif had referred to the Shahid Beheshti Port and said it reinforces mutual and regional cooperation between India and Iran.

8. "It also shows the importance of the port in the development of the region and the routes that connect Central Asian states to other countries in the world through the Sea of Oman and the Indian Ocean," he said, according to the Iranian Foreign Ministry.

9. Over a month ago, India had sent its first consignment of wheat to Afghanistan by sea through the Chabahar port in Iran. "The shipment of wheat is a landmark moment as it will pave the way for operationalisation of the Chabahar port as an alternate, reliable and robust connectivity for Afghanistan," the ministry of external affairs (MEA) had said in a statement.

10. Besides the bilateral pact to develop the Chabahar port, for which India will invest $500 million, a trilateral Agreement on Transport and Transit Corridor has also been signed by India, Afghanistan and Iran.









(With PTI inputs)

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