Chabahar port⛴️

 🔖 *Iran’s 🇮🇷 Chabahar port* is located on the *Gulf of Oman*🇴🇲 and is the only oceanic port of the country. The port gives access to the *energy-rich*💥 *Persian Gulf nations’* southern coast.

🔖 Iran formally handed over the port to *India*🇮🇳 during a first meeting of the follow-up committee for the implementation of the *Chabahar Agreement between Iran🇮🇷, Afghanistan🇦🇫, and India🇮🇳 held  in the port city Tehran.*

🔖 The *Chabahar Agreement was signed ✍️in June 2015* and approved by Iran’s *Guardian Council* in November 2016.



*Importance for india*🇮🇳

🔖 *India can bypass Pakistan🇵🇰 in transporting goods to Afghanistan.* Chabahar port will boost India’s access to Iran, the key gateway to the International North-South Transport Corridor that has sea, rail 🛤️and road 🛣️routes between India, Russia, Iran, Europe and Central Asia.

🔖 Chabahar port will be beneficial to India in countering *Chinese🇨🇳 presence in the Arabian Sea*

🔖 A significant boost in the import of *iron ore, sugar and rice🌾 to India.*

🔖 Chabahar port will ensure in the *establishment of a politically sustainable connectivity between India and Afghanistan.*



*Some Important Points*👇

🔖 India will, for the first time, allow *investment in rupees💳 in Iran.* This is a special  arrangement, sources said, which is only allowed for *Nepal 🇳🇵and Bhutan*🇧🇹

🔖 India is one of a handful of countries that continued trade links with Iran despite it being *isolated by Western countries against its disputed nuclear programme.* ☢️

🔖 The project moved slowly because of western sanctions against Iran.

🔖 The Chabahar port will cut✂️ transport costs/time for Indian goods *by a third* . 

 🔖 The port project will be the *first overseas venture for an Indian state-owned port*


*Latest update*

🔖 Iran to drop India from Chabahar rail project🚆


Four years after India and Iran signed an agreement to construct a rail line from *Chabahar port to Zahedan,*
along the border with Afghanistan,

The Iranian government has decided to *proceed with the construction on its own,citing delays from the Indian side in funding and starting the project.*

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