165 Afghan firms given go-ahead to start work at Chaba­har Port

Iran Daily - - Domestic Economy -

Iran has is­sued per­mits for 165 Afghan com­pa­nies to in­vest and op­er­ate in the strate­gic port of Chaba­har in the south­east­ern prov­ince of Sis­tan­balouch­es­tan that is on a course to open a trans­port cor­ri­dor to land­locked Cen­tral Asian na­tions.

Among the 500 com­pa­nies li­censed to op­er­ate in the free trade zone of Chaba­har Port, 165 of them are Afghan firms,” re­ported Xinhua cit­ing Afghan sources.

“We also would con­tinue our ef­forts to start the Kabul-chaba­har-dubai flights in or­der to ease ac­cess for Afghan in­vestors to global mar­kets,” it added.

Iran, In­dia and Afghanistan inked an agree­ment in May 2016 based on which Afghan traders are al­lowed to in­vest and con­duct eco­nomic ac­tiv­i­ties in Chaba­har Port.

Chaba­har has strate­gic sig­nif­i­cance for In­dia but some of the com­pli­ca­tions in trade with Iran per­tain to un­cer­tainty over US pol­icy, es­pe­cially un­der Pres­i­dent Don­ald Trump who has de­nounced the 2015 nu­clear ac­cord be­tween Tehran and world pow­ers as “the worst deal ever ne­go­ti­ated” and vowed to with­draw from the deal.

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