Afghanistan launches new export route to India through Iran
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 U.S. government granted an exception to certain U.S. 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 tonnes of wheat and 2,000 tonnes 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. (Reporting by Rupam Jain Editing by Robin Pomeroy)
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