A remote Iranian port could be the next trigger for geopolitical tensions between rivals China and India.
India has pledged more than $500 million to develop the strategically located port of Chabahar — roughly 1,800 kilometers (1,110 miles) from the capital Tehran — since it first expressed interest in 2003. Yet repeated delays have prompted Iran to turn to China in the hope of speeding up construction.
On a March trip to Islamabad, Iran Foreign Minister Javad Zarif said he’d welcome Chinese and Pakistani investment in Chabahar, according to Dawn newspaper. He cited China’s development of Gwadar, a port down the coast that is a showcase of President Xi Jinping’s Belt-and-Road infrastructure initiative…
Read more : Bloomberg, 10.04.2018