Chabahar port trilateral agreement to be implemented on Feb 26

The three countries involved are Iran, India and Afghanistan

Chabahar port trilateral agreement to be implemented on Feb 26 -

Tehran, Dec 31: The trilateral agreement between Iran, India and Afghanistan on the transit of goods via Iran's Chabahar port will take effect on February 26, 2019.

"The agreement's implementation requires attraction of businessmen and launching direct shipping lines between Chabahar and India's port, as well as other ports at the Persian Gulf and the Sea of Oman",said the official sources.

"The implementation has been started since a week ago and of course, some cargos had been transited from India to Afghanistan before that," he added. About 10 ships of wheat and beans, weighting 120,000 tons, have been transported from India to Afghanistan, previously.

The trilateral agreement was inked on October 23, 2018 in Tehran.

Statistically, India trades around 15 million tons of commodities with the Commonwealth of Independent States (CIS) and Russia and a part of that is expected to be transited via Chabahar port.

The capacity of the port has grown from 2.5 million tonnes to 8.5 million tonnes within a year as the first phase of Chabahar port has been completed.

India will, now, be able to bypass Pakistan and transport goods to Afghanistan and other Central Asian countries through Chabahar port.