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India is poised to bolster its strategic presence in the Middle East by entering into a decade-long agreement with Iran to manage the southeastern Iranian port of Chabahar.
The move, expected to be finalized on Monday, will provide India with a crucial gateway to transport goods to Iran, Afghanistan, and Central Asian countries, bypassing the Pakistani port of Karachi.
This development is particularly significant given the challenges posed by US sanctions on Iran, which have hindered the port's development in the past.
India's involvement in Chabahar aligns with its broader strategy of expanding its economic and diplomatic footprint in the region, particularly in light of the growing influence of China.
By securing a long-term presence in Chabahar, India can enhance its trade relations with Iran and other neighboring countries, while also strengthening its geopolitical position in the region.
Source: India To Sign 10-Year Deal With Iran To Manage Chabahar Port: Report