The Ashgabat Agreement was mutually signed by the governments of Uzbekistan, Kazakhstan, Pakistan, Oman, Iran, and India, to establish a transit corridor and an international convey so that the movement of goods is possible between Central Asia and the Gulf of Persia.
In April 2011, the Islamic Republic of Iran, Turkmenistan, the Sultanate of Oman, and the Republic of Uzbekistan signed the Ashgabat Agreement to create a joint transportation and transit corridor. India was subsequently added to the Agreement on 1st February 2018, which created a network of transport routes across Central Asia to connect this region to the Persian Gulf.
The Ashgabat Agreement aims to facilitate the development of the most efficient route of trade in Central Asia, which would benefit the development of trade and commerce between the countries. The Agreement helps in providing a continuous landmass route across Central Asia and the Middle East, travelling through Turkmenistan, Iran, Kazakhstan, and Uzbekistan before reaching the Gulf of Persia.
By signing the Ashgabat Agreement in 2018, India actively participated in the creation of an international transport and transit corridor between the Islamic Republic of Iran, the Sultanate of Oman, the Republic of Turkmenistan, and the Republic of Uzbekistan. The Ashgabat Agreement between the Central Asian countries would increase India’s connectivity with Central Asia and positively impact India’s trade and commercial ties with the different regions of the world.Â
With the completion of the Shahid Beheshti terminal in Iran and the Indian government’s participation in the Ashgabat Agreement, the possibility of Chabahar becoming a vital gateway and the shortest land route is real. India has benefited from the Chabahar port, as it has been able to connect to Afghanistan.Â
In addition to the projects planned for the port of Chabahar in south-western Iran, other important projects have also been planned for this port. The Indian government’s plan to construct a 610-km (380 miles) railway from Chabahar to Zahedan and the development of the Chabahar multi-purpose terminal could not have been achieved without India joining the Central Asian-led transport network.
There is hope for a more open and friendly trade policy in Eurasia. This can be seen in the Ashgabat Agreement, which was signed in 2018 by India. This Agreement provides a clear rail and road route for trade to Eurasia. The Ashgabat Agreement was originally a treaty between the five Central Asian states – Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan. The purpose of the Agreement is to increase trade and cooperation between the nations by providing a framework for future economic integration. The Agreement has been in place since 1995 and was most recently updated in 2010. In the past, the five nations have had a series of agreements, called the 5-Year Plans, which functioned similarly to the Ashgabat Agreement.