India Signs Land Transit Trade Agreement with Afghanistan and Iran

Indian Prime Minister Narendra Modi has signed agreement with Iran and Afghanistan to setup a new land transit trade project in Tehran. “The agreement on the establishment of a Trilateral Transport and Transit Corridor can alter the course of history of this region,” PM Narendra Modi said after the deal was signed in the presence of the heads of all the three countries.

“The corridor would spur unhindered flow of commerce throughout the region. Economic fruits of Chahbahar Agreement will expand trade, attract investment, build infrastructure, develop industry and create jobs Agreement on establishment of a Trilateral Transport & Transit Corridor signed a while ago can alter the course of history of the region,” he added.

President Rouhani said: “Today will henceforth be called the Day of Chabahar. Bahar means ‘spring’ and I hope this port means spring for all of us With our joint investments, we can connect india to Afghanistan, Central Asia and Europe.”

India Transit trade agreement with Iran and Afghanistan

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