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First phase of Chabahar port connecting Afghanistan, Iran and India inaugurated

Iranian President Hassan Rouhani inaugurated the first phase of the Chabahar port on the Gulf of Oman on Sunday. Situated on the Gulf of Oman in the Sistan-Balochistan province of Iran, the port will open a new trading routes connecting

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India’s maiden shipment of wheat to Afghanistan flagged off via Chabahar

India sent off its first shipment to Afghanistan via Iran’s key strategic port of Chabahar port on Sunday. The shipment consisted of 1.1mn tons of wheat for the people of Afghanistan on grant basis, as part of commitment made by

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Iran drops custom duties by 80% at Chabahar port

The Iranian government drops custom duties at Chabahar port by up to 80% in an effort to attract more Afghan traders. Mohammad Reza Karimzada, the economic attaché at the Iranian Embassy in Kabul, said Iran is offering an 80% discount

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150 Afghan businessmen ready to invest in Chabahar port

The Ministry of Commerce and Industry (MoI)  have announced that 150 Afghan businessmen are ready to invest in Chabahar port. Musafer Quqandi, spokesperson to the MoI, said the investors are provided with the needed facilities for investment by both the

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Afghanistan, Iran agree to create a transit corridor

Afghanistan and Iran have agreed to create a transit corridor to help turn Chabahar port city into an exports and imports hub. The agreement was signed between Iranian Deputy Economy Minister and Head of the Customs Administration Masoud Karbasian and

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Chabahar port agreement to be signed on Monday

Afghanistan, India and Iran are expected to sign the Chabahar Agreement on Establishment of the International Transport and Transit Corridor on Monday. Indian Prime Minister Narendra Modi is on a two-day visit to Iran where he will engage with the

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Iran encourages entrepreneurs to invest in Afghanistan

Iranian Ambassador to Kabul, Mohammad Reza Bahrami, said his country has been trying to encourage their entrepreneurs to invest in Afghanistan in order to create jobs for Afghans and provide cost-effective products to citizens. The envoy visited Kandahar in a

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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

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Afghanistan to benefit from India’s investment in Chabahar

Afghanistan Ministry of Commerce and Industries has welcomed India’s USD 156mn investment decision to development Chabahar port. The Ministry’s spokesperson, Mosafer Quqandi, said Afghanistan would undoubtedly benefit from India’s investment in Chabahar. Regarding the port as profitable for India, Quqandi

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Abdullah discusses importance of Chabahar port in his Iran visit

Afghan Chief Executive Abdullah Abdullah led a high-level delegation in his three-day visit to Iran to discuss a wide range of issues concerning trade and commercial relations, counter terror cooperation, drug trafficking and investment. One of the topics discussed was

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Iran, India in talks to lower gas rate supply at Chabahar port

India is currently negotiating the rate of natural gas supply at Chabahar port with Iran. Iran has offered a rate of USD 2.95 per mmBtu for a urea plant being set up by India at Chabahar port, while India wants

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Iran asks India to invest in Chabahar port

Iranian President Hassan Rouhani has asked India to invest in Chabahar port, a strategic port that will open up access to Central Asia for India. This comes after Iran and six world powers reached a nuclear deal on Tuesday, clearing

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Chabahar Port to be operational by December 2016

India inked a deal with Iran for the development of Chabahar Port earlier this month and the port is expected to be completed by December of next year. Work on the strategic port, which will give sea-land access to Afghanistan

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India refuses to invest further in Iran-Afghanistan highway

India has declined to invest more in an infrastructure project with Iran catered for the transportation of Afghan mineral goods by the Iranian port Chabahar. This comes as Iran had demanded India to increase investment on the highway from Chabahar,

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India agrees to develop Iran’s Chabahar port

India plans to sign an agreement with Iran for the development of the Chabahar port in southeast Iran. The port plays a key role in opening up a trade route for India to landlocked Afghanistan where India has political ties

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India earmarks USD 100mn for upgrading Chabahar port

India has allocated USD 100mn for upgrading the Chabahar port, which is located 72km (44 miles) west of Pakistan’s Gwadar Port. “Ultimately the port connects the Central Asia with south Asia, and we have in-principle agreed,” said Afghan envoy to

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Improved revenue collection system brings higher revenue to Nimroz custom

Nimroz has witnessed a significant increase during the first quarter of the ongoing financial year. In an exclusive interview with the Pajhwok Afghan News (PAN), Nimroz custom chief Mohammad Younus Sultani said improved banking system and revenue collection system have

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Afghanistan, India and Iran to sign trilateral agreement on transit of goods next month

Afghanistan will soon be able to reach out to India through Chabahar port in southern Iran. An agreement to that effected is due to be signed among Kabul, New Delhi and Tehran in May of this year. “The draft of

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Afghanistan, Iran and India to sign pact on Chabahar port soon

Afghanistan, Iran and India are due to sign a trilateral pact on the Chabahar port soon, announced the Afghan Ministry of Foreign Affairs on Monday. Situated in southeastern Iran,  Chabahar port is about 1000km closer to Afghanistan than the Karachi

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Fruits worth USD 59mn exported from Kandahar

As many as 53 tons of fresh and dried fruits worth USD 59mn have been exported from southern Kandahar province to foreign countries this year, compared with last year’s 46 tons of exports worth USD 56mn. The 30 percent increase

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Afghanistan, India and Iran to ink transit agreement

A transit agreement is due to be signed between Afghanistan, India and Iran. According to the Ministry of Foreign Affairs officials, the Afghan government remains committed to work with Iran and India to finalize the transit agreement in a bid

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Pakistan's relations with Afghanistan and India important for success of Gwadar port project

Director of the Institute for Security and Arms Control Studies Lie Wei regards “guarantee of security” as an important factor for the success of the ambitious economic corridor project linking Xinjiang in northwest China and the Gwardar port on the

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Pakistan’s relations with Afghanistan and India important for success of Gwadar port project

Director of the Institute for Security and Arms Control Studies Lie Wei regards “guarantee of security” as an important factor for the success of the ambitious economic corridor project linking Xinjiang in northwest China and the Gwardar port on the

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Sanctions on Iran will not affect trade ties between Iran and Afghanistan-ACCI

The Afghan Chamber of Commerce and Industries assured that the economic sanctions imposed on Iran would not have any adverse effects on the trade relations between Afghanistan and Iran. This comment comes after Chabahar Port project has been put forward

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Afghanistan begins to export products directly to India for the first time in its history

Afghanistan’s export activities through the ChabaharPort in southeastern Iran officially began on Saturday. The port serves as the best alternative to the Pakistan’s Karachi Port where export activities were constantly interrupted by political restrictions and high storage cost. “But it

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