In an unexpected move, high-ranking Taliban officials went Iran to sign a $35 million investment pact in Chabahar port in the south. Given the tense political relations between Tehran and Kabul since 2023, defined by violent border confrontations and Hirmand River water allocation issues, the action is surprising.
Despite these concerns, the Taliban’s surprising decision plans to support commercial, residential, and government projects in Chabahar port and Free Economic Zone. The 25-story Fakher high-rise will benefit from the investment. Afghan businessmen are investing in a government-led construction project in Iran for the first time. Given Iran’s investments in Afghanistan before the Taliban’s 2021 rise, it’s a significant change.
A Taliban spokesman said this investment will help their landlocked territory access international waters, promoting economic development.
Hassan Kazemi Qomi, the Iranian ambassador to Afghanistan, reported ongoing talks to construct a transit corridor between India and China. Qomi said Iran wants to invest in Afghanistan’s agriculture and mining industry, an unexplored opportunity for economic growth.
Despite these economic ties, Iran has not recognised the Taliban as Afghanistan’s legitimate government, highlighting the complex diplomatic situation. This surprising economic contract shows the complexity of regional relationships and the search for strategic advantages in a fast shifting global landscape as geopolitical factors evolve.
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