Hormuz Peace Initiative

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led and proposed by iran pm for intra-regional security arrangement for security of strait of Hormuz.

a part of there intiative a meeting was arrainged in january 2020 india along with china, omen and afghanistan did participation in there meeting.

Ojective:

is to stabalise strait of hermuz, the harmuz strait is a gateway for significant amount of global supply. 30% of sea born crud oil is passes through strait of hermuz every single day.

why india wants peace in this area?

67% of indias oil imports and around 50% indian natural liquified gas imports through this strait. it is at atmost important for a country.

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