New Chabahar port deal reveals possibilities for India-Russia corridor

India's new Chabahar port deal with Iran will become a hub of economic activity which will grant India economic access to Russia, Central Asia and Afghanistan.

India's new Chabahar port deal with Iran will become a hub of economic activity which will grant India economic access to Russia, Central Asia and Afghanistan, Iranian analyst and vice-president of the Iran and Eurasia Research Center (IRAS) Mandana Tishyar told Sputnik news agency.

India signed a memorandum of understanding with Iran on Wednesday which would allow it to build a port in Iran. The agreement took place despite US warnings against deals with Iran before the nuclear agreement is reached before the deadline on June 30.

According to Tishyar, the port will benefit not only Iran, but also the entire region as part of Russia, India and Iran's "North-South" transport corridor project. The project is parallel to China's East-West Silk Road.

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