At the 8th Indian Ocean Conference in Muscat, Oman, today, Iran's Foreign Minister Abbas Araghchi highlighted the strategic significance of Makran region as the future hub for economic cooperation.

Why It Matters:
The Makran region in Iran is crucial for the Iranian economy due to its proximity to the sea and open waters. The development of this region is a priority for Tehran.


The Big Picture:
Iran boasts over 5,800 kilometers of coastline, with 4,900 kilometers along the southern shores of the vast ocean. This positions Iran to potentially become a maritime-based economy in the future. The country's geopolitical strategy emphasizes a "sea-centric" policy, leveraging its geographic advantages. In this context, the Makran Coast could emerge as an economic hub for both Iran and the surrounding region.

 

What he's saying:

"Iran has prioritized a 'sea-centric' policy, focusing on the development of ports and maritime transport," said Araghchi. He also stressed that regional security in maritime areas should be the result of cooperation, not influenced by geopolitical rivalries.

 

Key Points:

  • Araghchi highlighted the historical significance of the Indian Ocean as a bridge between civilizations and a vital trade route.
  • Iran's "sea-centric" policy aims to enhance maritime transport and develop port facilities.
  • He outlined plans to improve the Makran Coast, which includes boosting local economies, developing renewable energy infrastructure, and establishing international trade corridors.
  • Araghchi also called for increased regional cooperation to ensure maritime security and promote economic development.

 

Go Deeper:

Araghchi’s speech reflects Iran's growing emphasis on maritime strategies to strengthen its economic and geopolitical position in the Indian Ocean region. With a focus on the Makran Coast, Iran aims to enhance both regional and international economic connectivity while avoiding external geopolitical interference.

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