India agrees to develop Iran’s Chabahar port

in Afghan Business

India agrees to develop Iran’s Chabahar port

chabahar portIndia 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 and economic interests.

New Delhi intends to lease two berths at the port for ten years and plans to invest USD 85.21mn in one year to convert the berths into a container terminal and a multi-purpose cargo terminal.

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.


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

Related Articles

First Ever Scorpion Venom Production in Afghanistan

An Afghan businessman in Herat has invested USD 500,000 in scorpion form. This is the first time ever Afghanistan is

Afghan engineer solves Tarakhil Power Plant’s problems and saves US gov’t $850,000

For two years, the problem at Tarakhil Power Plant baffled engineers and international consultants. However, Afghan engineer Ehsan Khaibar figured

International transactions still an issue for Afghan private banks

Afghan private banks are still facing problems with transferring money from abroad to Afghanistan despite the approval of the Anti-Money

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Your e-mail address will not be published.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*

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china Cheap eBooks Buy eBooks Online Discount eBooks Cheap eBooks Buy eBooks Online Discount eBooks Cheap eBooks Buy eBooks Online Discount eBooks cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china