What Is Ashgabat Agreement

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). 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. The multimodal corridor will consist of road, rail and marine transport. The Ashgabat International Transportation and Transit Corridor is a multimodal transport agreement between India, Iran, Kazakhstan, Oman, Pakistan, Turkmenistan and Uzbekistan. The multimodal transport agreement, signed by the governments of Kazakhstan, Uzbekistan, Turkmenistan, Iran, Pakistan, India and Oman to create an international transport and transit corridor facilitating the transport of goods between Central Asia and the Persian Gulf, is called the Ashgabat Agreement. An important topic for the audit of the IAS, Ashgabat Agreement is GS-II (Indian Polity – International Relations.) In March 2016, the Indian government applied for permission to join the agreement.

It received the approval of the founding members of the agreement before obtaining formal membership on 3 February 2018[11] On 23 March 2016, India formally 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 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. The port of Chabahar, Iran, has established a trade link between India and Afghanistan since 2017 without having to cross Pakistani territory. [13] [14] The agreement between the three countries was first signed in 2015. [15] This agreement will also use the Turkmenistan-Afghanistan-Tajikistan (TAT) rail line from 2013, the transport corridor between Afghanistan, Turkmenistan and Georgia-Turkey in 2014, the Iran-Turkmenistan-Kazakhstan and TRACECA (Europe-Caucasus-Asia transport corridor), which includes the EU and 14 Eastern European states, the South Caucasus and Central Asia.