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Afghanistan & Iran trade $2.48bn worth of goods in 11 months

According to a latest report, Afghanistan and Iran traded USD  5.32mn tons of non-oil commodities worth 2.48bn in the past 11 months. The Financial Tribute reported Iran imported 22,673 tons of goods worth USD 18.71mn during the period till Feb

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Iran drops custom duties by 80% at Chabahar port

The Iranian government drops custom duties at Chabahar port by up to 80% in an effort to attract more Afghan traders. Mohammad Reza Karimzada, the economic attaché at the Iranian Embassy in Kabul, said Iran is offering an 80% discount

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Businessmen sign $2mn contracts in Afghan-Iran economic exhibition

Afghan and Iranian businessmen signed contracts worth USD 2mn during the 2nd Afghanistan-Iran joint economic exhibition held in Mazar-e-Sharif, Afghanistan. Over 10,000 people visited the exhibition which was held from December 6-9, and  32 Iranian and 8 Afghan firms participated

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Afghan, Iran ink agreement in mining sector

Afghanistan and Iran have agreed to cooperate in the field of exploration and exploitation of mines in Afghanistan and its export to other countries. An agreement to that effect was signed between Afghan Minister of Mines Petroleum Dawood Shah Saba

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Afghanistan, Iran agree to form joint trade committee

Afghanistan and Iran have agreed to form a joint trade committee to further boost bilateral economic and trade ties. Afghan Minister of Commerce and Industries Homayun Rasa and Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadah agreed on

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Afghan-Iranian trade summit kicks off in Kabul

A four-day Afghan-Iranian trade summit has been held in Kabul from October 19-22 to help bolster ties between the two nations. During the four-day event, the two sides will confer on how to promote bilateral trade and investment and strengthen

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Afghan-Iran trade exhibition kicks off in Kabul

Afghanistan-Iran’s second trade exhibition was inaugurated in Kabul city on Tuesday by Afghan Second Vice-President Sarwar Danesh and Iranian Vice-President for Executive Affairs Mohammad Shariatmadari. Addressing the inaugural ceremony, Iran’s Ambassador to Kabul Mohammad Reza Bahrami said Afghanistan is the

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Iran, Afghanistan trade value reaches USD 5bn

Afghanistan’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

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Pakistan's cement exports to Afghanistan plunge

According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the first quarter of Pakistan’s fiscal year. Cement exports to Afghanistan currently comprise 50% of Pakistan’s cement exports. For the first

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Pakistan’s cement exports to Afghanistan plunge

According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the first quarter of Pakistan’s fiscal year. Cement exports to Afghanistan currently comprise 50% of Pakistan’s cement exports. For the first

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Afghan-Pak bilateral trade declines

Earlier this year the Pakistan-Afghanistan Joint Commission (JEC) had agreed to enhance the bilateral trade from USD 2.5 billion in 2013 to USD 5 billion by 2015. According to data compiled by Pakistan Bureau of Statistics and State Bank of

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Afghanistan, India and Iran to ink transit agreement

A transit agreement is due to be signed between Afghanistan, India and Iran. According to the Ministry of Foreign Affairs officials, the Afghan government remains committed to work with Iran and India to finalize the transit agreement in a bid

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Iran-5+1 accord to have a positive impact on Afghanistan's economy

The Afghan Chamber of Commerce and Industries (ACCI) said that the nuclear deal  between Iran and six world powers would have a positive impact on Afghanistan’s economy. Iran agreed to curb some of its nuclear power activities in return for

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Iran-5+1 accord to have a positive impact on Afghanistan’s economy

The Afghan Chamber of Commerce and Industries (ACCI) said that the nuclear deal  between Iran and six world powers would have a positive impact on Afghanistan’s economy. Iran agreed to curb some of its nuclear power activities in return for

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Strategic cooperation inked between Iran and Afghanistan

According to a statement from the Afghan presidential office, Iran and Afghanistan have signed a Strategic Cooperation Agreement (SCA). Dr. Rangin Dadfar Spanta, National Security Advisor of Afghanistan and the Secretariat of the Iran National Security Council signed the agreement.

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Afghanistan begins to export products directly to India for the first time in its history

Afghanistan’s export activities through the ChabaharPort in southeastern Iran officially began on Saturday. The port serves as the best alternative to the Pakistan’s Karachi Port where export activities were constantly interrupted by political restrictions and high storage cost. “But it

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Poor quality flour imported from Iran recovered

Herat’s customs officials have recovered over 70 tons of substandard flour imported from Iran through Islam Qala border, Herat’s main transit point with Iran. Custom Director Khaliqullah said five businessmen had imported 1,444 bags of substandard flour in trucks. The

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Iran, Afghanistan willing to boost trade ties

Afghanistan Commerce Ministry spokesman Wahidullah Ghazi Khail announced Monday that Kabul is interested in fostering trade ties with Tehran. According to Mr. Ghazi Khail, Kabul has been determined to implement its agreements inked with Tehran, adding that Afghanistan is a

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60 tankers of poor quality oil are prevented from entering Afghanistan-Herat officials

Herat’s oil and gas department reported that 60 tankers of poor quality oil are prevented from entering Afghanistan this year. According to the officials, these tankers were coming from Iran. Director of the oil and gas department Khesraw Abdullah said

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Iran, Afghanistan Interested in Growingly Increasing Cooperation

Fars News Agency-Iran and Afghanistan attach great importance to the increasing broadening of their bilateral ties and cooperation, Tehran’s former Ambassador to Kabul Mohammad Ebrahim Taherian said. “Afghanistan shares 1,000 kilometers of common borders with Iran. We should know that

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Iran sanctions hurting Afghanistan’s economy

Afghanistan is repeatedly pinched as the west tightens its sanctions against Iran. Afghani currency has dropped to its lowest value against the dollar in the span of only a few weeks. The reason is linked to the high demand for

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Afghan traders face hurdles from Iran and Pakistan

Afghanistan Chamber of Commerce and Industries (ACCI) says that Pakistan does not act in accordance to the latest transit agreement signed between the two nations. Although Ministry of Commerce and Industries speaks of 70% of the problems resolved between Kabul

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Iran must expedite work on the Herat-Khwaf railroad

Governor of Herat, Daud Shah Saba, requested the advisor to Speaker Iranian Parliament, Hussain Shiekh-ul-Salam to expedite work on the Herat-Khwaf railroad. The governor underlined the importance of the project on the sidelines the “Decade of Change” conference. He called

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Afghan-Iran joint trade committee to meet next month

As per the agreements made in the 4th Iran-Afghanistan Joint Economic Cooperation Commission last month in Kabul, the Afghan-Iran joint trade committee’s meeting is due to be held next month. The body would discuss trade opportunities and further development of

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Herat’s Revenue Sees a Boost

By Ahmadshah Ghanizada-Officials in Herat provincial transportation department on Sunday announced an increase of 18% revenue during the first 6 months of the Afghan calendar year. Provincial transportation department chief Ahmad Javid Aimaq said there has been a significant increase

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