Business Standard

India's grip on vital Chabahar port loosens as Iran looks towards China

While it's unclear whether China will take up Iran's offer, the involvement of a cash-rich and expansionist Beijing would almost certainly speed up development of the port

Chabahar port
Premium

Iain Marlow and Ismail Dilawar | Bloomberg
A remote Iranian port could be the next trigger for geopolitical tensions between rivals China and India. India has pledged more than $500 million to develop the strategically located port of Chabahar - roughly 1,800 kilometers (1,110 miles) from the capital Tehran -- since it first expressed interest in 2003. Yet repeated delays have prompted Iran to turn to China in the hope of speeding up construction.

On a March trip to Islamabad, Iran Foreign Minister Javad Zarif said he’d welcome Chinese and Pakistani investment in Chabahar, according to Dawn newspaper. He cited China’s development of Gwadar, a port down the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in