Q. With reference to Ashgabat Agreement, consider the following statements:
1. It aims to develop transit corridor between Central Asia and the Persian Gulf.
2. India is not the member of this agreement.
Which of the statements given above is/are correct?
Statement 1 is correct: Ashgabat Agreement is an international transport and transit corridor facilitating transportation of goods between Central Asia and the Persian Gulf. The Ashgabat Agreement aims to develop the shortest trade route between Central Asian countries and Iranian and Omani ports.
Statement 2 is incorrect: The Agreement was first signed by Uzbekistan, Turkmenistan, Iran, Oman, and Qatar on 25 April 2011. India joined the Ashgabat Agreement in 2018.