Indian Prime Minister Narendra Modi has called on Central Asian countries to benefit from Iran’s southeastern Chabahar Port capacities for expanding their trade in the region, Bloomberg reported.
An Iranian official believes Chabahar port is turning into a new hub for trade and industry in Iran and even the whole Central Asia region.
Ambassador of India to Tehran said that with the cooperation of Iran and India, Chabahar port will be a bridge connecting the countries around the region to the east and west of the Caspian Sea through the north-south corridor.
Chabahar port could pave the way for developing Iran-India relations, a senior Indian official said on Sunday.
For the first time, India, Iran, and Uzbekistan will hold a trilateral dialogue on Monday on joint use of the strategically located Chabahar port which is being increasingly seen as a fulcrum of connectivity to Central Asia.
The head of Iran-Afghanistan Joint Chamber of Commerce told Afghanistan’s Ghazanfar Bank could not open a branch in Chabahar Port, as a result of Iran being put on FATF's blacklist.
The deputy Urban Affairs Minister announced that Iran is building a railway for Afghanistan.
The caretaker of the Ministry of Industry, Mines, and Trade noted that Chabahar Port will soon become the third commercial hub of Iran due to its infrastructure, capacities, and strategic position and will be located next to Bandar Abbas and Imam Port.
The head of Iran-Afghanistan Joint Chamber of Commerce told that the Central Bank of Iran (CBI) has approved Afghanistan’s Ghazanfar Bank to open a branch in southeastern Chabahar Port.
Iran has approved two Afghan banks to open branches in its southeastern strategic port of Chabahar, the Secretary General of Iran-Afghanistan Joint Chamber of Commerce Mozafar Alikhani told ILNA.
