Iran preps for sanctions by expanding major port project
Iran has long sought to develop the port of Chabahar, but its plans have recently expanded to building a major industrial center.
Providing landlocked Central Asia with shipping access through Iran’s southeastern Chabahar port has been a hot topic since the fall of the Soviet Union. With China’s One Belt One Road initiative in recent years and investment by Central Asian countries in the new transit routes, Iran faces more challenges than ever to utilize the potential of Chabahar.
Iran’s development strategy for the key port entails close cooperation with India and Afghanistan. To India, the joint venture means access to Afghanistan and Central Asia, less concern about China’s One Belt One Road initiative, and a means for securing its growing need for energy and raw materials. For Afghanistan, it will boost its strategic options against Pakistan. For Iran, however, economic gains are of utmost importance.
