Chabahar Port is a more economical and stable route for landlocked countries in the region to reach India: Jaishankar | Latest India News
New Delhi: Iranian port of Chabahar has become a commercial transit hub for the region and provides a “more economical and stable route” for landlocked countries to reach India and the global market, the business minister said on Friday foreign S Jaishankar.
Jaishankar’s remarks in a written response to a question to Lok Sabha indicated India’s continued commitment to the Gulf of Oman port despite speculation about its viability following the Taliban takeover of Afghanistan. in mid-August.
“The port of Chabahar provided essential maritime access to landlocked Afghanistan. The port has also become a commercial transit hub for the region. It is a more economical and stable route for the landlocked countries of the region to reach India and the world market, ”he said in response to a question from Bahujan Samaj party deputy Ritesh Pandey.
Pandey asked a further question about the impact of US sanctions and the Iranian side’s claim that the project was delayed, and Jaishankar replied, “I would like to inform the honorable member that his claim is totally incorrect. This agreement was signed in 2016. We took possession of the terminal in 2018. We have already supplied six cranes. The terminal is fully functional.
Jaishankar added that US sanctions against Iran “are irrelevant to this project at all.”
He further stated in his written response that the port of Chabahar facilitated the delivery of humanitarian aid, particularly during the Covid-19 pandemic, and that India used it to ship 75,000 tonnes of wheat as food aid to Afghanistan in 2020. A total of 110,000 tonnes of wheat and so far 2,000 tonnes of pulses have been transhipped from India to Afghanistan.
During Prime Minister Narendra Modi’s visit to Iran in May 2016, a trilateral agreement to establish the International Transport and Transit Corridor (Chabahar Accord) was signed by India, Iran and Afghanistan. India is participating in the development of the first phase of the Shahid Beheshti terminal at the port in cooperation with the Iranian government.
Jaishankar said India is committed to providing total assistance of $ 85 million and a credit facility of $ 150 million for the development of the Shahid Beheshti terminal.
“As part of our commitment to infrastructure development at Shahid Beheshti Terminal, Chabahar Port, India has provided [six] Mobile harbor cranes (two 140 tonnes and four 100 tonnes) and other equipment worth $ 25 million, ”Jaishankar said.
The Indian company India Ports Global Limited, through its 100% subsidiary, India Ports Global Chabahar Free Zone, took over the operations of the port of Chabahar on December 24, 2018. Since then, it has handled 160 vessels, 14,420 TEUs (equivalent to twenty feet units) of freight and 3.2 million tonnes of bulk and general cargo.
Shahid Beheshti’s terminal handled shipments and transshipments from countries such as Russia, Brazil, Thailand, Germany, Ukraine, Oman, Romania, Bangladesh, Australia, Kuwait, Uzbekistan and the United Arab Emirates.