US president Donald Trump’s recent move to revoke a sanctions waiver for Iran’s Chabahar Port has cast a shroud of uncertainty over the future of the International North South Transport Corridor (INSTC).
India has been a vocal proponent of the INSTC, a Central Asia-centric multimodal transport channel for regional trade development, which depended on the country’s strategic investment at the only deepsea port in Iran, located beyond the Strait of Hormuz.
India, …
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