Iran, Afghanistan trade value reaches USD 5bn
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.
The US House of Representatives and Senate have agreed to fully finance building the capacity of the Afghan army and
Afghan President Hamid Karzai met with his Tajik counterpart, Emomali Rahmon to confer on strengthening economic ties between the two