May 11, 2022
1 min read

India, Uzbekistan reach deal on ‘Chabahar port’

The Chabahar Port is India’s much-needed gateway to landlocked Afghanistan. The port has also emerged as a commercial transit hub for the region….reports Asian Lite News

India and Uzbekistan on Wednesday held the 15th round of India-Uzbekistan Foreign Office Consultations (FoC) where both sides agreed to exploit the full potential of Chabahar port for trade.

The Chabahar Port is India’s much-needed gateway to landlocked Afghanistan. The port has also emerged as a commercial transit hub for the region.

It is a more economical and stable route for landlocked countries of the region to reach India and the global market.

“The talks particularly focused on greater economic cooperation and steps to enhance connectivity between India and Uzbekistan. Both sides agreed to exploit the full potential of Chabahar port for trade between the two countries,” the Ministry of External Affairs (MEA) statement said after the India-Uzbekistan FOC.

During the consultations, both sides undertook a comprehensive review of the state and prospects of bilateral cooperation including political, security, trade-economic, connectivity, development partnership, humanitarian and cultural spheres.

The two sides exchanged views on regional and international issues of mutual interest, including Afghanistan.

Uzbekistan’s Deputy Minister of Foreign Affairs Furkat Sidikov on Tuesday said that his country can be a gateway for Indian businessmen to get access to the Eurasian market.

The Uzbek minister also expressed his country’s interest in accessing the Chabahar port, being developed by India in Iran for improving logistics.

“You know that now traditional supply chains are not working well. So in this case, I see that Uzbekistan can be a getaway for Indian businessmen to get access to Eurasian markets. India is one of the biggest investors in Uzbekistan,” Sidikov said.

He further added there is one issue of logistics and now they will work with the government of India and would like to use Chabahar.

Uzbek Deputy Foreign Minister said that India is a tested and reliable partner for Uzbekistan.(ANI)

ALSO READ: Nepal closes borders with India, China

Previous Story

Nepal closes borders with India, China

Next Story

Shehbaz Sharif meets brother Nawaz Sharif in London

Latest from -Top News

India Marks Ayurveda Day in Ghana

The conference brought together academicians, officials from the Ghana Ministry of Health, Ayurveda doctors, herbalists, and other key stakeholders…reports Asian Lite news To mark the 10th Ayurveda Day, the Indian High Commission

US Urges India to Rethink Russian Oil Imports

Wright emphasised the priority of ending the conflict while strengthening US-India ties…reports Asian Lite News United States Energy Secretary Chris Wright urged India to reassess its oil imports from Russia, stressing that

Trump, Shehbaz Set for Oval Office Talks

Sharif will arrive in Washington after attending the 80th United Nations General Assembly in New York….reports Asian Lite News US President Donald Trump will hold high-stakes bilateral meetings on Thursday, including a

Farooq Abdullah Urges Dialogue After Ladakh Unrest

Dr Farooq Abdullah warned the Central government that neglecting their long-standing demands could deepen unrest in the sensitive Himalayan region….reports Asian Lite News Former Jammu and Kashmir Chief Minister and National Conference
Go toTop

Don't Miss

India Ready to Lead in Telecom, Tech

The Union Minister hailed the Prime Minister’s foresight of using

Republic Day: Delhi on high alert

The Commissioner said that for the past two months, the