Dada Pota Show of 05-12-2017. The only program of business and economy in Pakistan.
TAPI Chabahar Port Loadshedding James Mattis Political Economy Dada Pota Show 05-12-2017
Dada Pota Show 05-12-2017 based on detailed discussion on TAPI, Chabahar Port, Loadshedding, James Mattis & Political Economy.
Today, Dada G shared his opinion on important news that Iran opens $1bn project to expand Chabahar port & US Secretary of Defence James Mattis said on Saturday that indiscriminate action against terrorist safe havens inside the country are in regional and Pakistan’s interest.
Iran inaugurated a long-awaited $1 billion project to expand its southeastern Chabahar port which Tehran hopes would help the country become a key transit route to Afghanistan and Central Asia, competing with Gwadar port. President Hassan Rouhani inaugurated the expansion, carried out with an investment of $1 billion, including $235 million from India. The project has more than tripled the port`s capacity to 8.5 million tonnes a year. India has committed $500m to the Gulf of Oman port, which is Iran`s closest to the Indian Ocean and would allow it to bypass Pakistan. But New Delhi has proceeded cautiously at a time when Washington has taken an aggressive approach towards Tehran. In October, India sent its firstconsignment of wheat to Afghanistan through Chabahar, about 140km from Gwadar.
The project was executed by a Revolutionary Guardaffiliated company, Khatam alAnbia, the largest Iranian contractor of government construction projects. It involved several subcontractors, including a state-run Indian company. The expansion includes five new piers, two of them for containers allowing cargo vessels with up to 100,000-tonne captaincy to dock. President Rouhani, however, downplayed suggestions of rivalry with Pakistan`s Gwadar port in his inauguration speech and said the port would bring `more engagement and unity` among countries of the region.
`We should go after positive competition,` he said. `We welcome other ports in the region, we welcome Gwadar`s development. He said Iran also planned to link the port to the country`s railroad network to facilitatetransit of goods to neighbouring landlocked Central Asian countries, as well as open a route to eastern and northern Europe through Russia.
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