South Asia

Iran, India and Afghanistan sign two MoUs

TEHRAN - The Islamic Republic of Iran, India and Afghanistan signed two tripartite memoranda of understanding (MoUs) in Iran on Sunday to expand cooperation in the trade, economic and transit fields.

The MoUs were inked by Iranian Minister of Commerce Mohammad Shariatmadari and Minister of Roads and Transportation Ahmad Khorram, Indian Minister of State for External Affairs Digvijay Singh and Afghan Trade Minister Mostafa Kazemi.

According to the MoUs, the three sides are to cooperate and coordinate activities in the fields of trade and investment. The three countries have also agreed to avail of the Iran-Afghanistan railroad as well as the Iranian and Indian shipping lines in order to send commodities to Central Asia.

In the meeting leading to the signing of the MoUs, the Islamic Republic pledged to reduce 90 percent of all taxes on non-oil goods being transited from Chabahar Port to Afghanistan and to write off warehousing and porterage costs by up to 50 percent.

The signatories also agreed to hold several joint and exclusive exhibitions to promote their respective products and enhance the current level of trade and economic exchanges. They have also agreed to open a new route from Chabahar Port in Zabol province in Iran to Zaranj and Dilaram provinces in Afghanistan.

Iran, which pledged to donate US$560 million to war-stricken Afghanistan's reconstruction programs, had allocated $50 million to complete infrastructural, development and health projects in that neighboring country by the end of the current Iranian calendar year.

During the meeting, the three sides also agreed to work to remove obstacles that lie in the way of trilateral relations as well as open facilities to help resolve problems. Speaking on the sidelines of the meeting, the Afghan trade minister said he believes the MoUs will open a new chapter in trade relations among the three Asian states.

Mostafa Kazemi also described the Chabahar Port transit route to Afghanistan as the "safest" to his country, adding that the European Union also welcomes the establishment of the trade route. The Afghan trade minister headed an eight-member economic and trade delegation.

(Asia Pulse/IRNA)
 
Jan 8, 2003



 

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