Afghanistan strongly welcomes Iran's investment in the country

Afghan officials have said that Afghanistan strongly welcomes Iran's investment in the country.

Afghanistan strongly welcomes Iran's investment in the country

MojNews-Afghan officials have said that Afghanistan strongly welcomes Iran's investment in the country. 

In a meeting with an Iranian trade delegation in Kabul on Monday, Afghanistan's interim Deputy Prime Minister Mullah Abdul Ghani Baradar Akhund said that his country is eager to attract Iranian investors in order to develop Afghan mining industry, generate solar electricity and expand railway connectivity.   

The Iranian delegation also proposed to launch a joint special industrial zone with Afghanistan.

Noting that Afghanistan has turned into a good place for making investment, Mullah said that the relevant ministries and organizations there, will cooperate and work closely with the investors. 

The Iranian delegation, made up of economic and trade players, also held a separate meeting with Afghanistan’s acting minister of commerce Haji Nooruddin Azizi. They called for the formation of a joint economic-mining zone between the two neighboring countries.

Earlier this month, Iran's commercial attaché in Afghanistan said that in order to improve Iran’s presence in Afghanistan's markets, the trade between the two countries should move towards newer models of cooperation.

“Afghanistan supplies more than 80 percent of its market needs through imports, and imports from Iran constitute 25 percent of this amount,” Hossein Roustaei said in a meeting on opportunities and challenges of the Afghan market, held by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).

Referring to Afghanistan's import priorities, including food, agriculture, fuel, basic goods such as flour, oil, eggs, day-old chickens, medicine, medical equipment, and construction equipment, he continued: “Iran exported more than 724 million dollars of goods to Afghanistan in the first four months of the current [Iranian calendar year] (March 20-July 21) which has increased by 28 percent compared to the same period last year.”

“The establishment of national security and the central government in Afghanistan over the past two years have improved the conditions of trade with this country,” he added.

Afghanistan has prioritized the exploitation of the country’s mines. Therefore, Iran's traditional economic relation with Afghanistan should enter into newer models of cooperation, he stressed.

According to Roustaei, investment and operation of mines, technical and engineering services, mechanization of agriculture and smart agriculture, construction of transportation infrastructure, and renewable energies are among the new fields that should be considered for cooperation between the two countries.

He further emphasized that the establishment of a joint economic zone between the two countries should be implemented as soon as possible, saying: “Considering the recent conflicts between Afghanistan and Pakistan, Afghanistan wants to use the opportunity of Chabahar port in the best way. Iran can increase its transit role in the import and export of Afghanistan from the current 50 percent.”

 

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