(MENAFN) India and Afghanistan joined forces to further develop their business ties, which was reflected by the latter welcoming India's decision to invest USD156 million in the expansion of Chabahar port.
Basically, improving the port will significantly definitely benefit both sides as growing the loading and unloading capacity in Chabahar port is not only advantageous for India but for regional nations.
Moreover, this vital venture will provide opportunities for India to extend its logistic presence in the region especially with Iran as India has already initiated talks with the Islamic Republic to lift trade via this port.
Ultimately, the South Asian seventh-largest country by area and the 2nd-most populous in the world pursues to access Central Asia, the Caucasus and Europe markets via this promising port.
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