Iran, India, Uzbekistan sign Chabahar Port deal for enhanced access

Iran, India, and Uzbekistan have signed a significant economic agreement that enhances access to Iran"s Chabahar Port for both India and Uzbekistan. The pact was finalized by the foreign ministers of the three nations in Tehran.

This agreement establishes an energy-focused trade corridor that connects Uzbekistan directly to India, effectively bypassing Pakistan. The development is expected to strengthen connectivity through the International North-South Transport Corridor (INSTC), facilitating quicker and more cost-effective access to Central Asian markets and the Indian Ocean.

Experts predict that other Turkic states, such as Kazakhstan and Tajikistan, may join this initiative, further increasing Chabahar"s strategic importance as a counterbalance to Pakistan"s Gwadar Port, which has attracted interest from China as an alternative hub.

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