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Iran’s Ports and Maritime Organization (PMO) Managing Director Mohammad Rastad called for modifying and adjusting the transportation and customs tariffs between Iran, India and Afghanistan for the development and promotion of regional transit.
Official urges modifying transportation tariff in Chabahar agreement
Speaking in the first meeting on the International Transport and Transit Corridor Agreement Among the Governments of Iran, Afghanistan and India (also known as the Chabahar Agreement), Rastad said, “developing and promoting trilateral cooperation in international arena has been cited as one of the main aims behind organizing this meeting.” Chabahar Agreement plays an important role in development of relationship between the three countries of Iran, India and Afghanistan, he maintained. Various countries will benefit from launching this corridor, he said, adding, “countries in South Asian regions and Indian subcontinent, Central Asian countries in Caucasus region, Persian Gulf littoral states, Gulf of Oman and Russia will be connected with one another using this corridor, he said, adding, “accordingly, the aforementioned countries can perform their trade and business relationships in the shortest time possible.” It is expected that the country would witness the growing trend of regional transit from 4th corridor, Rastad reiterated. With its sea transport coastal area as long as 5,800 km, Islamic Republic of Iran is considered as an important hub for the development and expansion of relations with Caspian Sea and Persian Gulf countries. He pointed to the development plans of country’s strategic ports and said, “ports of Shahid Rajaee, Imam Khomeini, Bushehr, Chabahar, Anzali and Amirabad are of the most important ports in the country, so that their expansion projects are underway.” The Deputy Minister of Roads and Urban Development Rastad said that Islamic Republic of Iran commits itself to fully implementation of provisions stipulated in Chabahar Agreement. It is hoped that signing and sealing this agreement will pave suitable ways for the promotion of trade and transit among the aforementioned countries.
Iran exported 130,000 tons of eggs valued at more than $140 million to the target countries in the previous Iranian calendar year (ended on March 19), the deputy agriculture minister for livestock, and poultry affairs said.
Iran’s Minister of Transport and Urban Development has announced that the government plans to connect the Chabahar port in southeastern Iran to the country’s railway network through the city of Zahedan by the end of the current Iranian year ( late March 2025).
The Bank for International Settlements (BIS) put Iran’s total deposits with foreign banks and financial institutions at more than $13 billion.
Head of the Study, Monitoring and Market Development Office of the Central Organization of Rural Cooperatives of Iran says 21 metric tons of Iranian saffron worth $207,786,281 were directly exported to 55 countries in the Iranian calendar year ending in late March.
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