Search Result for : India Iran Afghanistan Transit Agreement

The Dollar Business Bureau At Amritsar today, the PM in his inaugural address at the 6th Ministerial Conference of the Heart of Asia Istanbul process on Afghanistan, reaffirmed India's commitment to helping Afghanistan achieve peace and economic stability.He said, the theme of the conference, “ Addressing challenges; Achieving prosperity” is a well-intended one as India and Afghanistan have together won some important challenges though much remains to be done.Afghanistan provides a vital link of connectivity between South and Central Asia and India intends to use it as a positive connection to reach out to other countries in the region. We cannot deny that the more connected Afghanistan is with the regional arteries of trade, capital and markets, the more assured would be ...

The Dollar Business Bureau As a part of the Chabahar pact inked between India and Iran to develop railways and other infrastructure, Indian steel firms will export rails worth $150 million to the Iranian port in July. “The maiden rail consignment worth $150 million will be sent in July,” revealed an official, after Iranian Ambassador to India, Gholamreza Ansari, held talks with Nitin Gadkari, Road Transport and Highways Minister, on Thursday. The official further revealed that Gadkari and Ansari considered to take the deal ahead. The Chabahar Port of Iran will give India access to Afghanistan and Europe via the Pakistani bypass. This historic pact was inked in May, during Prime Minister Narendra Modi’s visit to the Gulf country. Earlier in May, Gadkari stated ...

Source: PIB, Government of India  A bilateral meeting was held in New Delhi on Friday between Minister of Road Transport, Highways & Shipping Nitin Gadkari and Foreign Minister of Iran Javad Zarif. The meeting was held in the backdrop of increased engagement between India and Iran in the infrastructure sectors, with a beginning having been made in the development and operation of Chabahar Port. An MoU was signed between India and Iran for development and operation of two terminals at Chabahar Port, in May, 2015 and discussions are on for concluding the agreement/contract between the organisations of the two governments. Discussions have also led to an initial exploration of India taking over the development and operation of Phase II of Chabahar ...