Pajhwok Services

SMS News Service

Photo Service

Election Coverage

Special Mining Page

Afghan Peace Process Special Page

Addvertise With Pajhwok

Daily Newsletter

Language
Sending Time (GMT / Kabul time)

Suggest a Story

Pajhwok is interested in your story suggestions. Please tell us your thoughts by clicking here.

Kabul hails Delhi’s decision to invest in Chabahar

Kabul hails Delhi’s decision to invest in Chabahar

By
On
Feb 29, 2016 - 11:08

KABULinfo-icon (Pajhwok): Afghanistaninfo-icon has hailed India's decision to invest $156 million in developingthe Chabahar port in Iran, a project aimed at promoting trade among the three nations.

Given its capacity for loading and unloading transit commodities, the port can emerge as a commercial hub for Afghan, Indian and Iranian traders.

A Ministry of Commerce and Industries spokesman, speaking to Iran’s Islamic Republic News Agency(IRNA), the port project was profitable for India as well.

Mosafer Qoqandi hoped Afghanistan would also take advantage of India's investment in Chabahar. Regional states would also benefit from the enhanced capacity of the port, he added.

Based on a memorandum of understanding (MoU) Tehranhas allocated 54 hectares of land to Afghan merchants for transiting their products, according to IRNA.

India Prime Minister Narendra Modi hopes the investment in Chabahar will provide opportunities for New Delhi to have a wider presence in the region.

PANinfo-icon Monitor/mud

Related Article


Download “Pajhwok” mobile App, on your smartphone to read and access latest news, features, interviews, videos and photos about Afghanistan.

   

Add new comment

Advertisement

Advertisement

Twitter Update