Breaking News
First Review of Afghanistan’s Economic Reform Program under Extended Credit Facility Successfully Completed
...
Afghanistan Produces Over 260,000 Tons of Chicken Meat Annually
...
Afghanistan’s Saffron Export to India Reaches $19 Million
...
New Power Supply Network will benefit 8,000 Samangan Citizens
...
Afghanistan’s Economic Growth Predicted at 1% in 2021
...
Afghan Post Launches Online Postal Service System
...
Afghanistan to benefit from India’s investment in Chabahar

Afghanistan Ministry of Commerce and Industries has welcomed India’s USD 156mn investment decision propecia best price uk 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 said buy now online propecia the port would be advantageous for the entire region.
He lowest price for viagra added that Iran had allocated 54 hectares of land to Afghan merchants for transiting their products based on a MoU signed between Kabul and Tehran.
He also noted online cialis sale that Afghan high-ranking officials headed by Abdullah Abdullah visited Chabahar encouraged Afghan merchants to use this port for export and import purposes.
The Chabahar port in southeast Iran will enable India to expand their footprint in the region, notably Afghanistan.
Under a Memorandum of Understanding (MOU) agreement signed between viagra through canada India and Iran in May 2015, India is expected to equip and operate two berths in Chabahar port during the first phase of development. A total amount designated for these works is USD 85.21 million, plus an annual revenue expenditure of USD 22.95 million on a ten-year lease.
The countries also agreed that the ownership of equipment will be transferred to Iranian side on completion of 10 year period or for an extended period.
To be operated by the India Ports Global Private Limited, the berths are expected to start working within a period of maximum levitra cialis 18 months.
Related Articles
Experts talk economics and media at Afghan-German Cooperation Media Meeting in Mazar
With the state of Afghanistan’s finances making headlines almost daily in national and international media, last week’s Afghan-German Cooperation Media
Poor quality oil floods Kabul filling stations
Drivers complain low-quality fuel has flooded Kabul, despite the Afghanistan National Standards Authority (ANSA)’s promise to take measures to curb
Afghanistan’s central bank sells US dollars to Afghan money exchangers
Afghanistan’s Central Bank, Da Afghanistan Bank (DAB), sold USD 27,500,000 to Afghan money exchangers on 09 March 2013, reported Sarai