Chabahar Port Highly Important for India

In a meeting with Chabahar executives and officials. Dharmendra said that Chabahar is of great importance for New Delhi. given the strategic location and connection to the Indian Ocean. and the Indian government and private sector are keen to attend and invest in this zone.

`The trade between Iran and India have grown well over past years. and thus the ports of India and Chabahar will have better cooperation in the future.` the envoy added.

Referring to the capacities. investment opportunities and transportation of transit goods in the Chabahar port. the diplomat said. `This city is significant more than a target for the Indian government in relation to the issues that it is pursuing.`

Ambassador of India to Iran noted that there needs to be a clear dialogue about the commitments in regard to Chabahar. and said. `We need to consider the short and long term credit line in the form of a single package.`

Darmandera underscored that Tajikistan. Uzbekistan. Kyrgyzstan and other Commonwealth of Independent States (CIS) can cooperate in this port and transport their goods with the best way of transportation.

Expressing that India and Afghanistan repeatedly pursued the exclusion of the Chabahar port from the unilaterally imposed US sanctions regime. but still the banks issue poses a challenge. he pointed out that during the past year. Iran and India`s trade grew by 30 percent and reached about 17 billion dollars a year.

The high-ranking Indian figure described India as one of the main suppliers of basic goods to Iran. and added. `We created a special bank in India connected with the Iran-India Chamber of Commerce to carry out a commodity exchange.`

`Given the growth that exists in our business. Indian ports and Chabahar port are important ports. and we certainly do what we are committed to.“ the Ambassador of India in Iran emphasized.

`Though there are still problems with third-party produced items. this will not stop our commitments. and all our commitments will be prioritized.“ Dharmendra stated.

Late in last month. a member of Iran-India Friendship Association Masih Mirhosseini said that fre trade zones in South and North of Iran can serve as the gates of entry and exit for transiting Indian cargoes destined for Eastern and Northern Europe with helpful economic exemptions and great capacities.

Location of Chabahar and Anzali free trade zones as entry and exit origin of North-South Corridor and legal exemptions of these zones will play a significant role in the development of ties between Iran and India. he stressed.

The two countries of Iran and India are the oldest and most influential countries of human civilizations in the course of history which played a significant role in the promotion of qualitative and quantitative level of human civilization. Mirhosseini added.

Early in January. Indian Minister of State for External Affairs Vijay Kumar Singh. addressing the Iran-India Business Forum. highlighted the importance of Chabahar port for India as the gateway of trade ties of the country with the Central Asia.

Kumar Singh said that Chabahar Port is of prime significance to India. adding. “As regard to relations with Central Asia. Iran is of importance and we should consider its opportunities.“

He went on to say that Iran is not just a trade partner for India but it is a close neighbor.

“Iran and India enjoy commonalities in economic and security fields.“ he added.

The relations between the two countries are not something new but the trade communities of the two countries have known each other for a long time. the Indian official underlined.

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