India is making efforts to operationalise the Chabahar port in Iran by 2019 which would make the Commonwealth of Independent States (CIS) region more accessible, Transport Minister Nitin Gadkari has said.
Gadkari, who is on a two-day visit to Tajikistan, was speaking after inaugurating the cultural centre at the Indian Embassy in Dushanbe on Thursday, according to a Shipping Ministry statement.
India, Iran and Afghanistan signed a trilateral agreement in 2016 to jointly develop the Chabahar Port, opening a new strategic transit route between the three nations and other Central Asian countries, bypassing Pakistan.
But the recent withdrawal of US from the Iran nuclear deal and its decision to re-impose sanctions on the Gulf nation has put a question mark over the target to complete the project.
Besides the port, India has other strategic interests in Iran including the International North South Transport Corridor that will link India with Central Asia and Europe. It is also the biggest customer of Iranian oil after China.
--IANS
bc/mag/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
