Iranian First Vice-President Mohammad Mokhber said on August 21 that Tehran welcomes increasing investment in Iran\s Chabahar Port.
IRNA reports that speaking at a meeting in Tehran with India’s Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal, Mokhber said that the development of Chabahar Port is an exceptional chance for Iran, India and the entire region.
He said that the completion and development of Chabahar Port will help facilitate trade transit via International North-South Transit corridor (INSTC).
The Indian minister, for his part, said that his country welcomes Iran's policy of seeking to turn Chabahar Port into an important international and regional hub.
Recall, during his meeting with the then Iranian President Hassan Rouhani in Tehran on June 2, 2019, Tajik Foreign Minister Sirojiddin Muhriddin asked for cooperation in Iran's southeastern Chabahar Port as a great trade zone for international cooperation.
Mr. Rouhani, for his part, reportedly said that Chabahar Port can be the best and safest route for transit of Tajik goods.
Chabahar Port is a seaport in Chabahar located in southeastern Iran, on the Gulf of Oman. It serves as Iran's only oceanic port, and consists of two separate ports named Shahid Kalantari and Shahid Beheshti, each of which has five berths. It is only about 170 kilometers west of the Pakistani port of Gwadar.
Chabahar Port has the capacity to transform trade in South and Central Asia. Experts say Chabahar would offer these landlocked countries access to sea-based trading routes and serve as a bulwark against Chinese and Russian attempts to dominate trade in the region. Therefore, expanded trade with Afghanistan and the Central Asian countries has the potential to bolster Iran’s own status on the international stage.
