New Economy Forum
Modi Ties India-Backed Iranian Port to Central Asia’s Fortunes
- Central Asia untapped due to radicalization, extremism: Modi
- Modi addressed Shanghai Cooperation Organization via video
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Central Asian countries could unlock their vast economic potential by connecting with the India-backed Chabahar port in Iran, Prime Minister Narendra Modi said, making a case for his country to push for stronger trade links in a region that has seen investments pouring in from China.
The Chabahar port, which took years to build, was supposed to open up an important route to connect Afghanistan to Central Asia while bypassing India’s main rival, Pakistan. With the Taliban in power, the port could face a more difficult operating environment although the militant group has said it wanted continue economic and political ties with India.