India attends Hormuz Peace Initiative
India was a key participant at a special meeting in Tehran on Hormuz Peace Initiative, which seeks stability in one of the world’s busiest and strategically located shipping lanes amid escalating US-Iran tensions.
What is the Initiative?
- The initiative, led by Iran to stabilise the Strait of Hormuz, the gateway for a significant amount of global oil supplies.
- It saw participation from key regional players including Oman and India besides Afghanistan and China.
- The January 6-7 meeting reviewed the latest developments in the Persian Gulf region and evaluated the regional cooperation plans under the ‘Hormuz Peace Endeavor’ (HOPE), proposed by ....
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