Iranian deep-water port developed by India as strategic access route to Afghanistan and Central Asia, bypassing Pakistan.
The US-Iran Islamabad MoU lifts the naval blockade on Iranian ports, reviving the operationalization of India-backed Chabahar Port and accelerating the International North-South Transport Corridor (INSTC).
|
Term |
Detail |
|
Location |
Sistan-Baluchestan, Iran; Gulf of Oman (outside Strait of Hormuz) |
|
India's Investment |
USD 500 million for Shahid Beheshti terminal |
|
Operational Lease |
10-year lease to India Ports Global Ltd (IPGL), May 2024 |
|
Strategic Value |
Pakistan-bypass route to Afghanistan/Central Asia |
|
INSTC Role |
Sea-land interface for 7,200-km India-Iran-Russia corridor |
|
Competing Port |
Gwadar (Pakistan), 43 km west, China-developed (CPEC) |
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