Ashgabat agreement

What is Ashgabat Agreement?

  • Ashgabat Agreement envisages facilitation of transit and transportation of goods between Central Asia and the Persian Gulf to significantly boost up trade and investment.
  • Signed in 2011 in Ashgabat
  • Qatar had withdrawn from the agreement in 2013
  • It forms the basis for developing the shortest trade route/corridor between the Central Asian countries and Iranian and Omani ports.
  • India has joined this agreement.
  • Pakistan is also its member since October 2016.
What are the benefits?
  • It will be an international transport and transit corridor facilitating transportation of goods between Central Asia and the Persian Gulf.
  • Accession to the Agreement would enable India to utilise this existing transport and transit corridor to facilitate trade and commercial interaction with the Eurasian region.
  • Further, this would synchronise with our efforts to implement the International North South Transport Corridor (INSTC) for enhanced connectivity.
  • This move will further strengthen trade ties between India and the Eurasian region.



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