Armenia Offers Alternative Sea Trade Route To India Amid Red Sea Tensions
NDTV
The Houthi attacks on commercial vessels on Red Sea trade routes started in mid-November, with the group linking the disruptions to its demand for an end to Israel's offensive in Gaza and the delivery of aid to Palestinians 'under siege'.
Armenia is ideally positioned to offer India an alternative sea trade route, especially with Europe, Narek Mkrtchyan, the country's minister for Labor and Social Affairs, said on the sidelines of the ninth edition of the Raisina Dialogue in the national capital on Wednesday.
"The Armenian government is committed to forming partnerships in major regional and global projects like the North-South Transport Corridor (INSTC), the Gulf Black Sea transport, and the transit corridor and the Chabahar port development, which is a collaborative effort between India and Iran," the minister told ANI on the sidelines of the event.
The Raisina Dialogue is India's flagship conference on geopolitics and geoeconomics, committed to addressing the most challenging issues facing the global community.
