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

Afghanistan’s Corruption remains to be a threat to aid uses beyond 2014

According to the Special Inspector General for Afghanistan Reconstruction (SIGAR), the USD 8bn of international annual aid pledged to the

Afghanistan’s agriculture sector brings a considerable growth in the economy in 2012

The World Bank’s latest report indicates Afghanistan as the fastest growing economy in South Asia. While most of the countries

Disparity between Afghan high officials’ income and assets

The High Office of Oversight and Anti-Corruption (HOO) have begun investigating the land-holdings of about 70 top Afghan officials, after

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Your e-mail address will not be published.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*