News ID: 255433
Published: 0242 GMT July 07, 2019

Envoy: Chabahar port very important for India

Envoy: Chabahar port very important for India

Indian Ambassador to Tehran Gaddam Dharmendra said that Iran’s southeastern port city of Chabahar is of prime importance to New Delhi, adding that the two countries increased their trade in the last year by 30 percent.

In a meeting with Chabahar executives and officials, Dharmendra said that the trade between Iran and India has grown well over past years, and thus the ports of India and Chabahar will have better cooperation in the future, reported Fars News Agency.

Referring to the capacities, investment opportunities and transportation of transit goods in 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.”

Dharmendra 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 on this port and transport their goods by the best means of transportation.

Noting that India and Afghanistan repeatedly pursued the exclusion of the Chabahar port from the unilaterally-imposed US sanctions regime, nevertheless, the banking issue poses a challenge.

He pointed out that during the past year, Iran and India’s trade grew by 30 percent and has reached about $17 billion a year.

The high-ranking Indian figure described India as one of the main suppliers of basic goods to Iran, adding, “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 Indian ambassador emphasized.

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

 

   
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