In u-turn, US gives 6-month sanction relief to Chabahar

Paper: GS – II, Subject: International Relations, Topic: India Relations with Other nations, Issue: Chabahar Port.

Context:

The U.S. has reversed its stance by granting a six-month sanction relief for India’s Chabahar Port project, reflecting a pragmatic approach that balances its tough policy on Iran with support for India’s regional and humanitarian interests.

Key Takeaways:

About Chabahar Port:

  • It is a deep-water port located in Iran’s Sistan-Baluchistan province.
  • It is on the Gulf of Oman at the mouth of the Strait of Hormuz.
  • It is the only Iranian port having direct access to the Indian Ocean.
  • It consists of two separate ports called Shahid Beheshti and Shahid Kalantari.
  • It’s geographic proximity to countries such as Afghanistan, Pakistan, and India, as well as its status as a key transit center on the burgeoning International North-South Transport Corridor (INSTC), gives it the potential to develop into one of the most important commercial hubs in the region.
  • Kandla port in Gujarat is 550 Nautical Miles from Chabahar port, while the distance between Chabahar and Mumbai is 786 Nautical Miles.
Being Direct: India to Chabahar
Chabahar Project: In May 2016, India signed a tripartite agreement with Iran and Afghanistan to develop the Shahid Beheshti Terminal at Chabahar.It is India’s first foreign port project and The deal agreement aims to establish an international transport and transit corridor in Chabahar. The idea was that the port would enable India to bypass Pakistan and access Afghanistan, and ultimately Central Asia. Moreover, the port could serve as a hub for transit trade between India, Iran, and Afghanistan and provide an alternative route to the traditional Silk Road that passes through China.

Strategic and Economic Significance of Chabahar for India:

Strategic and Economic Significance of Chabahar for India:

The U.S. six-month waiver for Chabahar underscores a strategic shift that aids regional stability and benefits India, Iran, and Afghanistan. For India, the port represents strategic autonomy and a crucial connectivity link to Central Asia.

https://indianexpress.com/article/india/in-turnaround-us-gives-six-month-relief-from-sanctions-to-chabahar-10336461

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