In News: ‘Chabahar Day’ observed to promote Chabahar – Link to INSTC – Connecting Central Asian Markets.
- Ministry of Port, Shipping and Waterways (MoPSW) in association with India Ports Global observed ‘Chabahar Day’ to mark the Chabahar – Link to INSTC – Connecting Central Asian Markets in Mumbai.
- Dignitaries from Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Afghanistan were present on the occasion.
- The Chabahar Port located in Iran is the commercial transit center for the region and especially Central Asia.
- Minister in his address stated that our vision is to make Shahid Beheshti Port at Chabahar a transit hub and linking it to INSTC to reach out to Central Asian Countries.
- During the event, the delegates from the Central Asian countries highlighted how Chabahar link with INSTC can play a vital role in boosting EXIM trade in their regions and its potential to further boost development in the landlocked countries.
- The port is being developed by India, Iran and Afghanistan to boost trade ties among the three countries in the wake of Pakistan denying transit access to New Delhi.
- Chabahar Port is a seaport in Chabahar located in south-eastern 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.
- It is considered to be a major transit point to connect with several Central Asian countries.
- The port of Chabahar is located on the Makran coast of Sistan and Baluchistan Province, next to the Gulf of Oman and at the mouth of Strait of Hormuz.
- It is the only Iranian port with direct access to the Indian Ocean.
- Being close to Afghanistan and the Central Asian countries of Turkmenistan, Uzbekistan etc., it has been termed the “Golden Gate” to these land-locked countries.
International North-South Transport Corridor (INSTC):
- It is a multi-modal transportation established on 12th September 2000 in St. Petersburg, by Iran, Russia and India for the purpose of promoting transportation cooperation among the Member States.
- The INSTC was expanded to include eleven new members, namely: the Republic of Azerbaijan, Republic of Armenia, Republic of Kazakhstan, Kyrgyz Republic, Republic of Tajikistan, Republic of Turkey, Republic of Ukraine, Republic of Belarus, Oman, Syria, Bulgaria (Observer).
- It envisions a 7,200-km-long multi-mode network of ship, rail and road route for transporting freight, aimed at reducing the carriage cost between India and Russia by about 30% and bringing down the transit time from 40 days by more than half.
- This corridor connects India Ocean and the Persian Gulf to the Caspian Sea via the Islamic Republic of Iran and then is connected to St. Petersburg and North Europe via the Russian Federation.
Previous Year Question
Q.1) What is the importance of developing Chabahar Port by India? (2017)
- India’s trade with African countries will enormously increase.
- India’s relations with oil-producing Arab countries will be strengthened.
- India will not depend on Pakistan for access to Afghanistan and Central Asia.
- Pakistan will facilitate and protect the installation of a gas pipeline between Iraq and India.