Ashgabat Agreement Explained

The Ashgabat agreement will also help to ensure India`s energy needs by diversifying the import market. However, India should not limit itself to expanding trade and trade, but should aim to promote investment and services by linking sources of raw materials, production centres and markets between India and the Eurasian region as a whole. On 23 March 2016, India officially expressed interest in joining the Ashgabat Agreement. On 1 February 2018, Turkmenistan, as the custodian state of the Ashgabat Agreement, informed India “that the four founding members have all accepted India`s accession (to the agreement).” India will now provide the Coordinating Committee with information on all details regarding taxes, charges, customs duties and other payments at ports and checkpoints. The agreement will also use the 2013 Turkmenistan-Afghanistan-Tajikistan (TAT) rail line, the Afghanistan-Azerbaijan-Turkey transport corridor in 2014, the Iran-Turkmenistan-Kazakhstan-Kazakhstan-Kazakhstan and TRACECA (Europe-Caucasus-Asia corridor), including the EU and 14 countries in Eastern Europe, South Asia and Central Asia. The agreement was originally signed on 25 April 2011 by Iran, Oman, Qatar, Turkmenistan and Uzbekistan. Qatar then withdrew from the agreement in 2013, the same year Kazakhstan applied for membership, which was finally approved in 2015. [6] [7] Pakistan has also joined the agreement since November 2016. [8] [9] India officially joined in February 2018. [10] “Turkmenistan, as the custodian state of the Ashgabat agreement, today informed India that the four founding members have all accepted India`s accession (to the agreement),” said the Ministry of Foreign Affairs. India recently acceded to the Ashgabat Agreement, which was launched in April 2011 to establish a multimodal international transport and transit corridor between Central Asia and the Persian Gulf. The agreement was first signed on 25 April 2011 by Uzbekistan, Turkmenistan, Iran, Oman and Qatar.

While Qatar withdrew from the agreement in 2013, Kazakhstan and Pakistan joined the group in 2016. The Ashgabat agreement came into force in April 2016. The aim is to improve connectivity within the Eurasian region and synchronize it with other regional transport corridors, including the North-South International Corridor (INSTC). India`s accession to the agreement will take effect on Saturday. After the cabinet`s agreement, India tabled the membership instrument in Turkmenistan in April 2016. INDIA HAS has joined the Ashgabat agreement, which provides for the establishment of an international transport and transit corridor linking Central Asia to the Persian Gulf to significantly boost trade and investment. The Ashgabat Agreement is a multimodal transport agreement between the governments of Kazakhstan, Uzbekistan, Turkmenistan, Iran, India, Pakistan and Oman to create an international transport and transit corridor facilitating the transport of goods between Central Asia and the Persian Gulf. [1] [2] The agreement came into force in April 2016. Ashgabat in Turkmenistan is the state of filing of the agreement.

[3] [5] The multimodal transport agreement signed by the governments of Kazakhstan, Uzbekistan, Turkmenistan, Iran, Pakistan and Omans to create an international transport and transit corridor facilitating the transport of goods between Central Asia and the Persian Gulf is referred to as the Ashgabat Agreement. An important topic for the audit of the IAS, Ashgabat Agreement is GS-II (Indian Polity – International Relations.) The Ashgabat agreement is a multimodal transport agreement that provides for the creation of an international transport and transit corridor linking Central Asia to the Persian Gulf.


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