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How Iran Plans to Secure the Chabahar Bay?

In a future scenario with an envisaged investment of Rs One Lakh Crore or US $ 12-14 Billion by India alone, the security of Chabahar Port assumes significance. The rider of removal of United States sanctions on Iran will be the political risk but India seems to have factored in the same as a PTI report in 2016 quoted the Union Shipping Minister Mr Nitin Gadkari stating, "Over Rs 1 lakh crore investment can happen in Chabahar free trade zone."For security of the Chabahar Bay, Iran Navy is putting into place the network of ports for the same. This was evident after a new port Konarak was revealed.  ..............................(467 Words)

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Helpline 1090