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India’s counter to Pakistan’s Gwadar port: New Delhi signs 10-year Chabahar Port pact with Iran

By Economic Times - 6 months ago
India signed a 10-year agreement with Iran on Monday to manage Chabahar Port, marking its first overseas port management venture. The move, amidst a bustling election season, is viewed as a significant geopolitical gesture towards Iran, with potential regional ramifications. This agreement underscores India's strategic interest in Chabahar, which serves as a vital link to Afghanistan, Central Asia, and the larger Eurasian region, offering an alternative to Pakistan's Gwadar port and China's Belt and Road Initiative.

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