English | دری

Japan pledges support to expand Chabahar port

in Afghan Business

Japan pledges support to expand Chabahar port

The Japanese government has reached an agreement with New Delhi on working for the expansion of Chabahar Port in Iran.

This announcement was made by Japan’s Deputy Foreign Minister Kentaro Sonoura during his meeting with Afghan President Mohammad Ashraf Ghani in ARG Palace on Sunday.

According to a statement from the Presidential Palace, the two parties conferred on regional cooperation, Afghan peace projects and major economic projects.

Sonoura assured the Afghan government that Japan was committed to supporting Afghanistan in its economic development.

The Japanese envoy further announced that Japan plans to provide about USD 162mn to help the country improve its security situation.

At a donors’ meeting in Belgium in October last year, Japan pledged to provide up to about 1.4 billion dollars for Afghanistan by 2020.

He asked President Ghani to implement the reforms necessary for improving the country’s security situation through effective use of the financial assistance from Japan.



Related Articles

Alokozay company to invest $350mn in six factories in Afghanistan

Alokozay Group of Companies, one of the leading Fast Moving Consumer Goods (FMCG) companies in the world, received 144 acres

Torkham’s customs revenue up by 20% despite decline in trade activity

Officials of the Customs Department at the Torkham dry port in eastern Nangarhar province have reported a 20% increase in

The Economic and Development Components of the Pact between the U.S. and Afghanistan

On May 1, 2012, President Obama and President Karzai signed the Enduring Strategic Partnership Agreement, a legally executive agreement between

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Your e-mail address will not be published.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.