English | دری

Chabahar port agreement finalized

in Afghan Business

Chabahar port agreement finalized

The draft Chabahar Agreement was finalized among officials from Afghanistan, India and Iran on Monday in New Delhi, India.

The meeting was attended by Afghan representatives from ministries of Foreign Affairs, Commerce and Industries, Transport and Civil Aviation, Afghanistan’s railway department and the Afghan Ambassador to India.

The delegation was led by Wahidullah Waisi, the head of economic cooperation department of the Afghan Foreign Ministry.

Situated in southeastern Iran, Chabahar port is about 1000km closer to Afghanistan than the Karachi Port, through which most of Afghanistan’s exports and imports take place.

The port serves as the best alternative to the Pakistan’s Karachi Port where export activities are constantly interrupted by political restrictions and high storage cost.

Some experts believe that the port is a bonanza for Afghanistan’s troubled economy as the transit would help Afghanistan revive its role as the regional hub connecting South Asia and Central Asia.


Tags assigned to this article:
Afghanistan-India-IranChabahar port

Related Articles

President Ghani’s promises for Afghan economy

Asphalt a two-lane road from Kandahar to Uruzgan provinces. Create offices for responsible city planning to handle the rapid growth

Clinic for drug addicts in Herat prison

According to the Afghan Islamic Press (AIP), a clinic for drug addicts was officially inaugurated at the Herat central prison

A possible banking crisis to arise from Afghanistan's central bank: SIGAR warns

According to a recent report by the Special Inspector General for Afghanistan Reconstruction (SIGAR), a corruption watchdog, Afghanistan’s central bank,

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.