Iranian President Hassan Rouhani inaugurated a new extension to the strategic Chabahar Port, Iran's nearest sea link to the Indian Ocean, in Chabahar, Sunday. The $340-million (€ 285.78 million) project is set to boost the capacity of the port by more than three times, from the previous 2.5 million tonnes of cargo per annum to 8.5 million tonnes. Five new piers were added to the port, with two... Еще of them allowing cargo vessels with up to a 100,000-tonne captaincy to dock. During the inauguration ceremony, Rouhani stated that «with the presence of 17 allies, we start the first phase of the development plan of Chabahar, the Shahid Beheshti commercial and international port.» Chabahar Port's new extension may pose a challenge for Gwadar Port, which Pakistan has reportedly been constructing with the help of Chinese investment. The Shahid Beheshti extension is set to open up a transit route between Iran, Afghanistan and India, as well as deepen regional cooperation. Dignitaries from India, Afghanistan, Qatar and Pakistan reportedly attended the inauguration ceremony.