India’s renewed $10bn investment in the Chabahar Port project in May 2024 comes as the country recalibrates its Eurasian trade strategy, during the ongoing Russia-Ukraine and Israel-Hamas conflicts. Seen as a strategic counterbalance to China’s dominance, the Chabahar initiative highlights India’s shifting focus away from the India-Middle East-Europe Corridor (IMEC). As India races to secure energy access and trade routes in Central Asia, the stakes in the Eurasian “corridor game” grow higher, with geopolitical tensions complicating its grand connectivity ambitions.
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