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

US Parliament approves USD 5.7bn for strengthening Afghan forces

The US House of Representatives and Senate have agreed to fully finance building the capacity of the Afghan army and

Karzai signs cooperation pacts with Tajikistan

Afghan President Hamid Karzai met with his Tajik counterpart, Emomali Rahmon to confer on strengthening economic ties between the two

A ring rail line to be built in Afghanistan

Ministry of Public Works is considering constructing a more than 3,600km ring rail line in Afghanistan. Public Works Minister Najibullah Aoudjan

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Your e-mail address will not be published.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*