'Chabahar Day': business potential showcase

'Chabahar Day': business potential showcase
India and Iran celebrated ‘Chabahar Day’ on February 26 at a mega event in Iran’s strategically located port, which its 1st phase is being operated by India.

A senior Indian official led a high-ranking delegation comprising business delegates, among others, at the day-long event, which also saw the participation of Afghanistan, Central Asia and Russia. Iran made a presentation on the prospects of the port to the visiting delegates. The jointly-organized event was aimed at showcasing the business potential of the port.

Iran considered the event as an opportunity for businessmen, traders, freight companies, and national and international liners from various countries, said an Iranian official. One of the main goals is to enable the entry of large international shipping liners into the port, he said.

The port, India’s key link to Afghanistan and Eurasia, became operational for transit to Kabul following a trilateral agreement between India, Afghanistan and Iran. India Ports Global Limited, which is operating the Shahid Beheshti terminal, opened an office in the port in December last year.

On December 24, 2018, India, Iran and Afghanistan jointly inaugurated the office of the Indian special purpose vehicle – India Ports Global Chabahar Free Zone (IPGCFZ) – in the port. The physical control of the terminal area, cargo handling equipment and office building was completed five days later.

A 500-km-long Chabahar-Zahedan railway link is also being developed that will connect to Afghanistan’s Zaranj-Delaram road and bring Iran and Afghanistan closer
Mar 4, 2019 09:22
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