21.2 C
Hamburg
Wednesday, September 23, 2020
Home News Transit agreement in Asia

Transit agreement in Asia

Iran, India and Afghanistan inked an agreement in Tehran on Tuesday (Oct. 23) on the transit of goods via Iran's southeastern port city of Chabahar, Tehran Times reported.

The agreement was signed during the first meeting of the coordination council of an agreement signed earlier on the establishment of an international transport and transit corridor among Iran, India and Afghanistan.

The deal was signed by Mohammad Rastad, head of Iran's Ports and Maritime Organization, T.S. Tirumurti, secretary of economic relations in India's Ministry of External Affairs, and Imam Mohammad Warymoch, Afghanistan's deputy minister of transport.

Iran, India and Afghanistan signed a trilateral transit agreement in Tehran in May 2016, which allows the three countries to open new routes of connection by converting Chabahar port into a transit hub.

Read more on Xinhua.

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

Intra-Asia operator TS Lines’ profits soar on rising rates and falling costs

Strong intra-Asia volume growth has seen Taiwanese vessel operator TS Lines’ net profits for the first half of 2020 skyrocket totalling TW$1.5 billion (US$55.88...

ZIM infiltrates Australian market with new service

ZIM is entering the Australian market with a new service connecting China with major ports in Australia. The new service, named China Australia Express (CAX),...

HMM opens new Fleet Control Centre in Busan

HMM unveiled its land-based ‘Fleet Control Centre’ located at its R&D facilities in Busan, South Korea. This centre has been newly designed to effectively monitor...

Lines impose more rate increases on Asia trades

Hapag-Lloyd has announced a peak season surcharge (PSS) from Northeast Asia, which comprises China, China/Hong Kong, China/Macau and China/Taiwan, to Sydney, Australia taking effect...

Is good a perfect enemy? DNV GL’s LNG conundrum

On the day that CMA CGM announced the arrival of its first of its nine LNG powered ultra large container ships, the Jaques Saade,...