CURRENT AFFAIRS

Detailed explanation-1: -31 July was designated Chabahar Day in Mumbai by the Ministry of Port, Shipping, and Waterways (MoPSW) to commemorate the Chabahar – Link to International North-South Transport Corridor (INSTC) – Connecting Central Asian Markets.

Detailed explanation-2: -’Chabahar Day’ observed to promote Chabahar – Link to INSTC - Connecting Central Asian Markets. Ministry of Port, Shipping and Waterways (MoPSW) in association with India Ports Global observed ‘Chabahar Day’ to mark the Chabahar – Link to INSTC - Connecting Central Asian Markets in Mumbai today.

Detailed explanation-3: -Chabahar Port is located in Iran’s southeastern Sistan and Baluchestan provinces. The Chabahar Port is located 72 km away from the Gwadar port in Pakistan, which China has developed. The Chabahar Port serves as the only oceanic port in Iran and consists of two separate ports- Shahid Beheshti and Shahid Kalantari.

Detailed explanation-4: -“Chabahar Day” is celebrated to mark the beginning of INSTC - an Indian vision to economize movement of cargo between India and Central Asia. The Chabahar Port located in Iran is the commercial transit centre for the region and especially Central Asia.

Detailed explanation-5: -However, India’s trade with Afghanistan and Central Asia has long been hindered by an inability to access land routes through Pakistan. The development of Iran’s new port at Chabahar has transformed India’s trading prospects by allowing India a trade route bypassing Pakistan altogether.