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May 13, 2024 8:33 PM

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Jaishankar: Chabahar Port Deal to Boost Investments, Connect India to Central Asia

External Affairs Minister S Jaishankar today asserted that the Chabahar port agreement between India and Iran will pave the way for bigger investments and will connect India to Central Asia.

 

Addressing a Press conference in Mumbai,  Mr  Jaishankar said that the agreement is a strategic masterstroke and will open up a new trade route between South Asia and Central Asia via Iran, bypassing Karachi as well as Gwadar ports in Pakistan.

 

He added that it will open up a new vista of economic opportunities for business communities to explore an alternative transit route from the sensitive and busy Persian Gulf and Strait of Hormuz.