KABUL - Deputy Foreign Minister (FM) Hekmat Karzai said Tehran, Kabul, and New Delhi are going to finalize the deal on the development of Iran’s Chabahar port very soon.
Speaking to reporters at the Heart of Asia Conference in New Delhi on Wednesday, Karzai said the joint project is an important step towards promoting trade and investment ties among the three countries.
Meantime, Board Member of Chabahar Free Trade Zone Abdol Rahim Kordi said China is getting ready to build an industrial town in the port city of Chabahar Southeast of Iran.
Speaking to reporters on Tuesday, Rahim Kordi said a delegation of Cockerill Maintenance and Ingénierie visited the port city of Chabahar to launch the Chinese industrial town.
According to the Iranian official, the industrial town will have 20 industrial units among others.
Chabahar is a free port on the coast of the Gulf of Oman. It is situated on the Makran Coast of the Sistan and Baluchestan province and is officially designated as a free trade and industrial zone by the Iranian government.
Due to its free trade zone status, the city has increased in significance in international trade. (FNA)