Trade pact between Iran, India and Afghanistan to be inked


A contract to boost trade between Iran, India and Afghanistan will soon be signed, said Ministry of Commerce.

The signing of this contract will allow the three countries to develop and improve trade ties, added Ministry of Commerce spokesman.

According to this agreement, export to and import from India will be routed through the Chabahar port in Iran thus making it easier for Afghanistan and India to have better trade ties.

Musafer Qoqandi, spokesman for the Ministry of Commerce said, “We have been in discussions with other countries as well and believe that we can mobilize exports to global markets through the Black Sea.”

An estimated 100 million USD has been invested on the Chabahar port. With this port now being fully functional, it is believed that Afghanistan’s trade dependence on Pakistan would reduce considerably and may even become nonexistent.