Economic

India, Iran Agree To Facilitate Transit Trade Via Chahbahar Port

Tuesday, March 26, 2013
Kabul (BNA) India and Iran agreed to facilitate transit trade for Afghan traders via Chahbahar port in Iran. 
According to the agreement, India will invest over 100 million US dollars for the project, spokesman for commerce ministry, Wahidullah Ghazikhil said yesterday, adding transiting goods via Chahbahar port would have positive impact on Afghanistan trade.
He also noted that the new trading way will also enable India to get access to central Asian states through Afghanistan. 
Afghanistan and Pakistan inked transit trade agreement in 1965 enabling Afghan businessmen to import their goods via Karachi port and Guadar port in Pakistan, but the latter has created problem for Afghan traders over the past few years.
 

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