New Iran Port Deal Paves Way for Russia-India Corridor

[Hasbara Buster]

New Iran Port Deal Paves Way for Russia-India Corridor

The new port memorandum signed by India and Iran on Wednesday opens the entire region to trade and cooperation, an Iranian expert told Sputnik.

India's new Chabahar port deal with Iran will become a hub of economic activity which will grant India economic access to Russia, Central Asia and Afghanistan, Iranian analyst and vice-president of the Iran and Eurasia Research Center (IRAS) Mandana Tishyar told Sputnik.

India signed a memorandum of understanding with Iran on Wednesday which would allow it to build a port in Iran. The agreement took place despite US warnings against deals with Iran before the nuclear agreement is reached before the deadline on June 30.

"This memorandum was signed by the two countries' governments and not individual companies, so this project will be completed. The design and development of this port are not in the list of entities which fell under Western sanctions," Tishyar told Sputnik.

According to Tishyar, the port will benefit not only Iran, but also the entire region as part of Russia, India and Iran's "North-South" transport corridor project. The project is parallel to China's East-West Silk Road.

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In April, China promised India's neighbor Pakistan over $46 billion in investment and development deals as part of the Pakistan-China Economic Corridor.

"The Chabahar port development could really help our countries strengthen and develop a strategic trade partnership," Tishyar said.

India plans on investing over $85 million in Iran new port's construction.

Read more: http://sputniknews.com/asia/20150507/1021839805.html#ixzz3ZTiFihIS

 

[Dalit]

The Iranian port is having no influence on Gwadar. The Indians keep talking about the Iranian port as some kind of parallel to Gwadar. Gwadar is primarily going to be run by China for China. China's own demand and thirst for trade with Central Asia, Middle East and Europe is so immense that Gwadar will serve as the most economical route for both China and Pakistan. Pakistan has done extremely wise by opting for China in the Gwadar venture. The Gwadar project has everyone on their toes from the Americans to the Indians. Everyone is suddenly awake after China's deal with Pakistan. Everyone is suddenly plotting their own silk route.

 

[That Guy]

It's not going to have any real world impact for at least 2 decades, and even than, the effects are questionable at best.

 

[Viva India]

Russia,Iran,Afghanistan and other friendly countries of central Asia can use our Huge landmass and port to trade with East Asian countries.

 

[kollang]

Chabahar port is irrelevant to India-Russia trade.Indian ships can instead use Bandar Abbas and Bandar Abbas is connected to Russia,Kazakhstan, Azerbaijan, Armenia and Turkey via rail transport.

on the other hand Chabahar port is the best option if Aghanistan,Turkmenistan and central asian countries are objected.

 

[kaku1]

Chabahar port is irrelevant to India-Russia trade.Indian ships can instead use Bandar Abbas and Bandar Abbas is connected to Russia,Kazakhstan, Azerbaijan, Armenia and Turkey via rail transport.

Yup, Chabahar is only for Afganistan minerals, that are transported back to Chahbahar from Delaram, and from there to international market.