‘India-Iran Chabahar Port Deal to Counter China-Pak Alliance’

India, Iran and Afghanistan have taken a significant step towards closer co-operation says a report.

Iranian Supreme Leader Ayatollah Ali Khamenei, right, listens to Prime Minister Narendra Modi during their meeting in Tehran, Iran, Monday, May 23, 2016. (Photo: AP)

• The pact between India and Iran to develop the strategically located Chabahar port will counter China and Pakistan’s alliance in South West Asia, BMI Research said on Wednesday. The Chabahar port India will invest USD 500 million.

The agreement between India and Iran to develop the latter’s port of Chabahar is a major boost for both countries, as well as Afghanistan. In particular, growing co-operation between the three countries will counterbalance China-Pakistan alliance in the geopolitics of South West Asia.

BMI Research

• A “milestone” pact on the strategic Chabahar Port in southern Iran, which will give India access to Afghanistan and Europe bypassing Pakistan, was among the agreements signed by India and Iran. Iran has also agreed to cooperate on combating radicalism and terror.
  
  
• BMI Research, a Fitch Group company, said the governments of India, Iran and Afghanistan have taken a significant step towards closer co-operation by signing an agreement on 23 May to develop Iran’s southern port of Chabahar.
  
  

(With agency inputs)