After Iran’s Chabahar, India has also taken control over Myanmar port. Recently this agreement between the Government of Myanmar and India got the green signal.
After its surprisingly successful operations in the sea, India is continuously increasing its status in the world. After Iran’s Chabahar, India has also taken control over Myanmar port. Recently this agreement between the Government of Myanmar and India has got the green signal. The Ministry of External Affairs approved a proposal by India Ports Global Limited (IGPL) to take over the operations of the port on the Kaladan River in Sittwe, Myanmar. This achievement of India is a big blow to China because China is doing construction work on Kyaukphyu port on the western coast of Myanmar, which was a matter of tension for India.
India Ports Global, a wholly owned subsidiary of the Ministry of Shipping and Waterways, operates Sittwe Port in Myanmar. This is the second foreign port after Iran’s Chabahar Port, the security of which will be the responsibility of India. This is a big victory for India not only in sea but also in terms of international politics. This agreement between Myanmar and India has been made to increase regional connectivity.
Agreement on Sittwe Port
Sittwe Port will be wholly owned by India Ports Global, a subsidiary of Sagarmala Development Company Limited, under the Ministry of Shipping and Waterways. A long lease arrangement has been implemented at the port, which will be renewed every three years. India will have full operational rights at the Sittwe port, unlike Iran’s limited control over the terminals at Chabahar. This step of India has shattered China’s dream of monopolistic rule in the Indian Ocean.
it is an integral part of the Kaladan Project, which aims to enhance the waterways and road network and connectivity between Sittwe in Myanmar and the Indian state of Mizoram. This will promote economic development and regional integration between the two countries. The waterways and road network of the Kaladan Project will significantly improve connectivity to Mizoram and Tripura, thereby boosting trade and commerce in the region.