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10-year contract signed for the development of Shahid Beheshti Port Terminal at Chabahar Port.

Chabahar Port
[Ref: indiatodayne]

About Chabahar Port:

  • Chabahar Port is located in Southeastern Iran in the Sistan-Baluchistan province, near the Gulf of Oman.
  • It comprises two ports: Shahid Beheshti and Shahid Kalantari.
  • It is the only deep-sea port in Iran with direct access to the Indian Ocean.

Strategic Importance

Geopolitical Significance:

  • Chabahar Port provides India with a strategic foothold to counter China’s presence at Pakistan’s Gwadar Port.
  • It acts as a gateway to Central Asian countries, bypassing Pakistan.
  • The port enhances connectivity under the International North-South Transport Corridor (INSTC), linking India to Russia and Europe via Iran.

Economic Importance:

  • Chabahar Port facilitates trade between India, Iran, and Afghanistan.
  • It increases trade opportunities with Central Asian countries.
  • The port has the potential to become a major commercial hub due to its strategic location.

Historical Context and Agreements:

  • In May 2016, India signed a tripartite agreement with Iran and Afghanistan to develop the Shahid Beheshti terminal at Chabahar Port.
  • The recent 10-year operational agreement replaced the annual pact from 2016.

Development Projects:

  • The development of port facilities and rail links at Chabahar Port.
  • The construction of a rail line from Chabahar to Zahedan, enhances connectivity with Afghanistan and Central Asia.

Investment in port equipment and infrastructure to bolster operational capacity

Ref: Source

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