India, Afghanistan and Iran finalize draft of Chabahar Trilateral Agreement on Transport and Transit Corridors

Posted on:18 Apr 2016 12:38:55
India, Afghanistan and Iran finalize draft of Chabahar Trilateral Agreement on Transport and Transit Corridors
18 April 2016 Current Affairs: India, Afghanistan and Iran have finalized draft of the Chabahar Trilateral Agreement on Transport and Transit Corridors. The text of the draft was finalized at the second technical meeting of experts from the three countries in New Delhi. The agreement will be signed after completing necessary internal procedures in the three countries.

Features : The Agreement envisions trilateral cooperation for providing alternative access to seas to Afghanistan, inter alia for Afghanistan’s trade with India. When it will come into force it will significantly enhance utilization of Chabahar port, contribute to economic growth of landlocked Afghanistan, It will facilitate better regional connectivity including between India and connections to Afghanistan and Central Asia. The Agreement will be a strategic bulwark for greater flow of people and goods among the three countries as well as other countries in the region. Three parties also have agreed to establish a sub-committee within the framework of the agreement in order to provide protocols for transit, ports, customs issues and well as consular affairs.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 June

20 JUNE
NEWS
19 JUNE
NEWS
18 JUNE
NEWS
17 JUNE
NEWS

Current Affairs 2018 May

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
28 MAY
NEWS

Current Affairs 2018 April

30 APRIL
NEWS
29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS