Ashgabat agreement is the establishment of an
International Transport and Transit Corridor among Iran, Oman, Turkmenistan and Uzbekistan and came in force in 2011. Kazakhstan joined in 2016 and India became a member in 2018.
The agreement envisages linking Central Asia with the Persian Gulf to facilitate transit and transportation of goods and investment in trade.
The Ashgabat corridor is intended to be complimentary and synchronised with the International North South Transport Corridor (INSTC) .
Benefits for India
India’s membership to the agreement would diversify India’s connectivity options with Central Asia through the Chabahar port to Iran-Turkmenistan -Kazakhstan (ITK) railway line which can be linked with the Chabahar- Zahedan railway line that India is aiding in formation.