Jaishankar: Chabahar Port benefits region despite US warning
PORTS & SHIPPING

Jaishankar: Chabahar Port benefits region despite US warning

External Affairs Minister S Jaishankar remarked that the Chabahar port would benefit the entire region, emphasising the need to avoid a narrow perspective, in response to the US warning about potential sanctions for countries engaging in business with Iran. He mentioned during a program in Kolkata that historically, the US has acknowledged the broader significance of the Chabahar port.

India entered into a 10-year contract to manage the strategic Iranian port of Chabahar, aiming to enhance trade with Central Asia.

Jaishankar elaborated on India's longstanding relationship with the Chabahar port, highlighting previous challenges in signing a long-term agreement. He explained that overcoming these obstacles was crucial for enhancing port operations, which he believed would have positive implications for the entire region.

Regarding certain comments made about the situation, Jaishankar stressed the importance of effective communication and persuasion to convey that the initiative benefits everyone involved. He emphasized the historical perspective, noting that even the US has recognized the broader significance of Chabahar in the past, expressing determination to address any concerns.

Situated in the Sistan-Balochistan province on Iran's southern coast, the Chabahar port, originally proposed by New Delhi in 2003, offers Indian goods access to landlocked Afghanistan and Central Asia via the International North-South Transport Corridor (INSTC), bypassing Pakistan.

External Affairs Minister S Jaishankar remarked that the Chabahar port would benefit the entire region, emphasising the need to avoid a narrow perspective, in response to the US warning about potential sanctions for countries engaging in business with Iran. He mentioned during a program in Kolkata that historically, the US has acknowledged the broader significance of the Chabahar port. India entered into a 10-year contract to manage the strategic Iranian port of Chabahar, aiming to enhance trade with Central Asia. Jaishankar elaborated on India's longstanding relationship with the Chabahar port, highlighting previous challenges in signing a long-term agreement. He explained that overcoming these obstacles was crucial for enhancing port operations, which he believed would have positive implications for the entire region. Regarding certain comments made about the situation, Jaishankar stressed the importance of effective communication and persuasion to convey that the initiative benefits everyone involved. He emphasized the historical perspective, noting that even the US has recognized the broader significance of Chabahar in the past, expressing determination to address any concerns. Situated in the Sistan-Balochistan province on Iran's southern coast, the Chabahar port, originally proposed by New Delhi in 2003, offers Indian goods access to landlocked Afghanistan and Central Asia via the International North-South Transport Corridor (INSTC), bypassing Pakistan.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?