India to sign 10-year Chabahar port pact with Iran today; move to help counter Pakistan’s Gwadar port, China’s BRI
Monday, 13 May 2024 () India is set to sign a significant deal with Iran to manage Chabahar Port for the next decade, a move with far-reaching implications for the region. This diplomatic gesture comes amidst a busy election period and aims to strengthen India's connectivity to Afghanistan, Central Asia, and the larger Eurasian region, bypassing Pakistan's Gwadar port and China's Belt and Road Initiative.
The United States has cautioned any country engaging in business dealings with Iran about the potential risks of sanctions, following reports of Iran and India signing a deal concerning the Chabahar port. State Department Deputy Spokesperson Vedant Patel emphasized that while the US is aware of the...