India has joined Ashgabat Agreement on the establishment of an International Transport and Transit Corridor between the Iran, Oman, Turkmenistan and Uzbekistan. The agreement was signed in April 2011, which envisages facilitation of transit and transportation of goods between Central Asia and the Persian Gulf. <br/><br/>External Affairs Ministry said the accession to the Agreement would diversify India's connectivity options with Central Asia and have a positive influence on its trade and commercial ties with the region. Turkmenistan, as depository state of Ashgabat Agreement, informed India yesterday that all the four founding members have consented to the Accession of India. <br/><br/>India's accession to the agreement will come into force on 3rd of this month. India had deposited the Instrument of Accession with Turkmenistan in April 2016.
News On AIR | February 2, 2018 7:39 AM
India joins Ashgabat agreement