English | دری

Iran drops custom duties by 80% at Chabahar port

in Afghan Business

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 in export tariffs to Afghan traders at Chabahar port.

He added that Iran is also offering a 75% discount on import duties when using Chabahar and also providing warehouse facilities.

According to the Afghanistan Chamber of Commerce and Industries (ACCI), the current trade volume between Afghanistan and Iran stands at estimated $1.5 billion USD – which includes a large percentage of Afghanistan’s fuel that comes through Chabahar port.

The port allows landlocked Afghanistan to get access to the Iranian port as an alternate to the Pakistani port of Karachi. The route from Afghanistan to Chabahar port is shorter than that to Karachi port, in Pakistan, and Bandar-Abbas port, in Iran.

It also provides India with another route into Afghanistan and central Asian countries. India does not have access to Afghanistan on a land route due to opposition from Pakistan.



Related Articles

Afghan-Pak trade deals reduced by 50%

The Afghanistan Chamber of Commerce and Industry (ACCI) have said trade deals between Afghanistan and Pakistan are reduced by 50%

US To Increase Assistance For Reconstruction Process In Daikundi

US Embassy officials gave their commitment to continuing their contribution towards the reconstruction process in Daikundi. The financial assistance would

Afghan women in need of designing centers for their handicrafts

Handicrafts made by Afghan women fail to gain sufficient recognition in the international market due to lack of designing centers,

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Your e-mail address will not be published.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.