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May 15, 2019

‘US sanctions on Iran disrupt trade through Chabahar’

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May 15, 2019

KABUL: Officials from the Afghanistan Chamber of Commerce and Industries (ACCI) has said that US sanctions on Iran are one of the key challenges that threaten economic and trade activities through the Iranian port of Chabahar.

At least 50 containers of Afghan goods are ready to be exported through the Chabahar Port to Indian and Chinese markets, but the export of the goods has been disrupted due to problems in money transactions, the ACCI deputy chief Khan Jan Alokozay told TOLOnews on Tuesday. Indian and Afghan banks are not able to transfer money through the port, he said.

“The US treasury should permit the World Bank and IMF so that we can open the letter of credits,” said Alokozay. “The Afghan and Indian governments are trying to find a solution to the issue.”

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