Three Afghan banks have applied for opening representative offices in the southeastern Iranian port of Chabahar, a senior official at Chabahar Free Trade Zone Organization said on Thursday.
A trilateral meeting of officials from India, Afghanistan and Iran on the strategically-important Chabahar port was held on Monday where they agreed on the routes for trade and transit corridors between the three countries.
President Mohammad Ashraf Ghani has said the expansion work of Kajaki Dam will begin soon in a bid to expand the capacity of the water reservoir of the dam.
The first trilateral meeting between India, Afghanistan and Iran of the Coordination Council of the Chabahar Agreement took place on October 22 in Tehran.
The $50 billion China-Pakistan Economic Corridor (CPEC) will be extended to Afghanistan, the foreign ministry in Beijing said.
Despite the growing threat from the Taliban, India has decided to assist Afghanistan in building another key project, the Shahtoot Dam, that will provide drinking and irrigation water to the residents of Kabul.