Why in News?
The Government of India informed Parliament that the $120 million committed for the Chabahar Port has been fully paid, ahead of the expiry of the current U.S. sanctions waiver timeline (April 2026).
Description:
Key Term: Sanctions Waiver: Temporary exemption from U.S. sanctions allowing specified activities.
Location:
- Located in Sistan and Baluchistan province, South-eastern Iran, on the Makran Coast.
- Lies on the Gulf of Oman and outside the Strait of Hormuz → strategically important during geopolitical disruptions.
- Only deep-sea port of Iran with direct ocean access.
Rail line from Chabahar port to Zahedan along the border with Afghanistan. Zaranj-Delaram Highway in Afghanistan is a 215 km long highway that was already built in Afghanistan through assistance provided by India.
Structure of the Port:
- Chabahar Port consists of two terminals:
- Shahid Beheshti Terminal (India is involved mainly here)
- Shahid Kalantari Terminal
Strategic Importance for India:
- Provides direct connectivity to Afghanistan and Central Asia bypassing Pakistan.
- Enhances India’s role in regional connectivity, energy linkages, and trade with Eurasia.
- Supports India’s efforts to counterbalance Gwadar Port (Pakistan–China).
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