Is India’s Chabahar dream in Iran dead?
Summary
India has invested in developing the Chabahar Port in Iran to create a trade route to Afghanistan and Central Asia that avoids Pakistan. However, this project faces challenges because a US waiver on sanctions against Iran has expired, and there is no sign that the waiver will be renewed.Key Facts
- India started working on the Chabahar Port in southeastern Iran to connect with landlocked Afghanistan and Central Asia.
- The port helps India bypass Pakistan, which blocks land access to Afghanistan.
- India has invested at least $120 million in the port’s Shahid Beheshti terminal.
- Chabahar is near Gwadar port in Pakistan, which is funded by China and seen as a rival project.
- The port is part of a larger transport route called the International North-South Transport Corridor, linking India and Russia through Iran.
- US sanctions on Iran have repeatedly disrupted India’s work on the port.
- The US eased sanctions after a 2015 nuclear deal, which allowed India to make progress.
- In 2018, President Trump withdrew from the nuclear deal and reimposed sanctions, leading to the expiration of the waiver on the Chabahar project recently.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.