Why Iran should stage a comeback in India’s Foreign Policy calculus

Why Iran should stage a comeback in India’s Foreign Policy calculus

 
Two recent developments have brought the strategic importance of Iran into India’s foreign policy calculus. As per reports, Iran and India are close to finalizing the long-term arrangements for operating the Chabahar port.

Secondly, Iran became a member of the Shanghai Cooperation Organization (SCO) whose Summit was held at Samarkand in Uzbekistan last week. The likely conclusion of the nuclear deal between Iran and world powers will only underscore the growing significance of Iran to the geopolitics of Eurasia, Persian Gulf region and of India.

Iran’s pivotal geographical location and the probable connectivity links that it can offer is one of the most important assets. Iranian ports like Bandar Abbas and Chabahar are key transit points for the trade corridors connecting India and the Indian Ocean with the Inner Asia.

The International North South Transit Corridor (INSTC) which has been in the strategic discourse for almost two decades, without much progress, has suddenly come alive with the Russia-Ukraine War. Recently, a trial for the INSTC route was successfully undertaken. Two 40-foot containers were shipped from St Petersburg in Russia for India via land as well as maritime components of the INSTC coming into play. The containers came via Southern Russia, Caspian Sea and Iran to India.

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