India Approves $150m Chabahar Port Plan

By John Lee.

India has approved a $150-million project to develop the strategic Iranian port of Chabahar [Chah Bahar], which includes a transit route to Afghanistan bypassing neighbouring Pakistan.

AFP reports that New Delhi signed a multi-million-dollar memorandum of understanding with Tehran last May to develop the port on its southeastern coast, but final approval has been given at a cabinet meeting chaired by Prime Minister Narendra Modi.

Afghanistan’s chief executive Abdullah Abdullah, is quoted as saying:

“The development of Chabahar port in Iran is key to India-Afghanistan trade. It can act as a gateway towards opening new energy and trade routes not only in Afghanistan but in Central Asia as well.”

(Source: AFP)

(Picture: Chabahar Bay; Credit, Amirhossein Nikroo)

No comments yet.

Leave a Reply