Recently Representatives of India, Iran and Uzbekistan discussed developing Chabakhar port in Iran for further developing transport activities.
According to my belief, belonging to the scientific and research organizations and economic groupings is in the interest of the development and development of the state and society as a whole.
According to the State Statistics Committee of Uzbekistan, trade turnover with Iran in 2018 amounted to $306.5 million. Over the years, there has been a decline in trade due to a decrease in Uzbek exports. In 2018, exports to Iran decreased by 35.4% compared to 2017, while imports from Iran increased by 2.3 times compared to previous years. In general, trade in 2018 decreased by 25% compared to 2016. The nomenclature of Uzbekistan’s exports to Iran consists of cotton, cotton fiber, ferrous and non-ferrous metals, mineral fertilizer, chemical fiber, while imports consist of building materials, electromechanical equipment, fruits, dried fruits and plastic products.Today, Uzbekistan operates 120 joint ventures with the participation of Iranian investors, 15 of them with 100% Iranian capital. The statement of the Foreign Ministry of Uzbekistan: “Further aggravation of the military-political situation can lead to numerous casualties and a large-scale humanitarian catastrophe, destroy vital economic ties and communications, and cause irreparable damage to regional and global security."
There will be productive achievements for all of those three countries by doing this. First of all, to extend connectivity to Euroasiawill be the major interest of India, while double landlocked Uzbekistanhas also been interested in using the port for transit facilities into the Indian Ocean in order to expand its trade and transit options. And it is important to mention that rail connectivity has already been developed into Afghanistan as a means to link with Iranian railway lines.
The sourse I have taken is from The Diplomat: By Rajeswari Pillai Rajagopalan December 18, 2020
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