Chabahar - GS questions based on daily current affairs

1)   Chabahar port is near

a. Red Sea
b. Persian Gulf
c. Gulf of Oman
d. None of the above
Answer  Explanation 

ANSWER: Gulf of Oman

Explanation:

  • The trilateral Transport and Transit Agreement with participation of Iran, India and Afghanistan. will open new routes for India, Iran and Afghanistan to connect among themselves.
  • Inflow of capital and technology could lead to new industrial infrastructure in Chahbahar. This would include gas based fertilizer plants, petrochemicals, pharmaceuticals and IT.
  • The key arteries of the corridor would pass through the Chahbahar port of Iran. It's very location, on the mouth of Gulf of Oman, is of great strategic significance.
  • Afghanistan will get an assured, effective, and a friendlier route to trade with the rest of the world.
  • The arc of economic benefit from this agreement would extend beyond our three nations. Its reach could extend to the depths of the Central Asian countries.
  • When linked with the International North South Transport Corridor, it would touch South Asia at one end and Europe at another. And, studies show that as compared to the traditional sea routes, it could bring down the cost and time of the cargo trade to Europe by about 50%.