spot_img
spot_img
Bruckner Textile Machinery
Ready To Show textile and Fashion Expo
spot_img

Afghanistan launches new export route to India through Iran

Afghanistan began exports to India through an Iranian port on Sunday, official said, as the landlocked, war-torn nation turns to overseas markets to improve its economy.
Officials said 23 trucks carrying 57 tons of dried fruits, textiles, carpets and mineral products were dispatched from western Afghan city of Zaranj to Iran’s Chabahar port. The consignment will be shipped to the Indian city of Mumbai.
At the inauguration of the new export route, President Ashraf Ghani said Afghanistan was slowly improving its exports in a bid to reduce its trade deficit.
“Chabahar port is the result of healthy cooperation between India, Iran and Afghanistan this will ensure economic growth,” he said.
The Iranian port provides easy access to the sea to Afghanistan and India has helped developed this route to allow both countries to engage in trade bypassing Pakistan.
Last year the US government granted an exception to certain US sanctions that allowed development of Chabahar port as part of a new transportation corridor designed to boost Afghanistan’s economy and meet their needs of non-sanctionable goods such as food and medicines.
India has sent 1.1 million tons of wheat and 2,000 tons of lentils to Afghanistan through Chabahar.
Both countries established an air corridor in 2017. Afghan exports to India stood at $740 million in 2018, making it the largest export destination, officials said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

Textile Industry Fuels Modernisation in the Middle East

Rooted in the ancient textile traditions of Egypt, Mesopotamia,...

The Belgian Textile Industry in 2023: Stability Amid Challenges

Turnover Holds Steady Despite Declines in Volume In 2023, the...

Turkish Furniture, Paper, and Forestry Products Industry Expands Its Export Reach to Africa

In a strategic push to broaden export markets, the...

Exploring the Future of Textile Machinery: Insights from Alex Zucchi at ITMA Asia + CITME 2024

Today, we had the privilege of interviewing Mr. Alex...

Rieter Investor Update 2024

• Order intake of CHF 226.4 million in the...

Iran’s Unique Textile Industry Advantages

In recent years, Iran has made significant strides in...

Who Should Invest in Digital Fabric Printing?

By: Kamal Kulshreshth/Market research and International Business Specialist Digital inkjet...

Persian Carpets Price: The Luxury Behind the Cost

Persian carpets, also known as Iranian carpets, are renowned...
×