English | دری

Iran, Afghanistan trade value reaches USD 5bn

in Afghan Business

Iran, Afghanistan trade value reaches USD 5bn

envoyAfghanistan’s value of trade transaction with Iran has hit USD 5bn per year in a time span of 5 years.

According to Fars News Agency (FNA), the figure indicates a 10-fold rise as compared with five years ago and is rising at a steady rate.

Last week, Afghan Foreign Minister Zarar Ahmad Osmani in a meeting with Iranian Ambassador to Kabul Mohammad Reza Bahrami called for further economic cooperation between the two nations.

Contributing annually more than USD 50mn to Afghan anti-narcotics efforts, Iran is one of the major donors to Afghanistan.

In late January, Iran and Afghanistan signed an energy cooperation pact to further strengthen their cooperation in the electricity and water sectors.

Under the deal, the Islamic Republic will export more electricity to Afghanistan’s western provinces of Herat, Nimrouz, and Farah.



Related Articles

Foreign firms warned to pay taxes to Afghan government within a month

The Afghanistan Investment Support Agency (AISA) has given a deadline of one month for 15 foreign companies to pay taxes

World Bank grants USD 50mn to improve Access to Finance in Afghanistan

The World Bank approved today a US$50 million grant, through International Development Association (IDA) to support the government’s efforts to

Afghan government increases import tariff on fruit juices

The Afghan Investment Support Agency (AISA) has announced that import tariffs on fruit juices have been increased from 20% to

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*


8 × three =