India To Transit Goods To Afghanistan Via Iran Port

New Delhi, March 25, IRNA – India is expected to sign a contract with Iran soon for transit of Indian goods to Afghanistan via Chabahar port, media reports said. Iran and India have agreed on transit of Indian goods to Afghanistan via the southern Iranian port of Chabahar in a bid to ease its exports to Afghanistan, the Indian Express newspaper quoted an informer Indian source as saying on condition of anonymity. The source said that the reason behind expediting choosing Chabahar as the port for transit of its export commodities is attributed to Chinaˈs decision to assume the management of Pakistanˈs Gwadar port. The Indian Express also reported that India is planning to invest $100 million for development of Chabahar port and turning it into a hub for this purpose. Chabahar and Gwadar ports are located in a common coast and they are 70 kilometers away from one another./end