๐ฅ CHABAHAR: STRATEGIC PORT FOR INDIA IN HOT WATER AMID IRAN-ISRAEL WAR
The Chabahar Port in Iran has become a key element of India's foreign policy and economy, so why is this project so important to India? ๐
International North-South Trade Corridor
▪️India is investing in Chabahar to create an international transport corridor through Iran to Russia and Europe.
▪️This will reduce the freight route by 40% compared to the traditional path through the Suez Canal.
Access to the resources of Afghanistan and Central Asia
▪️Through Chabahar, India can expand cooperation with key countries in the region, bypassing Pakistan:
— Turkmenistan – large natural gas reserves (4th in the world), an alternative to Russian and Middle Eastern supplies.
— Kazakhstan – oil, uranium (important for India's nuclear energy), and grain.
— Uzbekistan – gold, cotton, rare earth metals.
— Afghanistan – lithium, copper, iron ore (estimated value – $1-3 trillion).
Counterbalance to Chinese influence
▪️China is actively promoting the "Belt and Road Initiative", but India is strengthening its position in the region through Chabahar.
▪️Just 170 km from Chabahar is the Pakistani port of Gwadar, developed by China under the CPEC project.
Investments
▪️India has invested $500M in the development of the port, including terminal and infrastructure construction.
In the future, an additional $2B is planned for modernisation and expansion of the port.
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