Head of Iran-Afghanistan Joint Chamber of Commerce Mahmoud Siadat says that Afghan businesspeople have made as much as $3 billion worth of investment in Iran.
Iran’s commercial attaché to Afghanistan said there was a $123 million rise in non-oil exports to the neighboring country in the first three months of the current Iranian calendar year.
Head of Iran’s Birjand Chamber of Commerce says that Iran’s exports to Afghanistan can rise to as much as $5 billion.
Afghanistan’s acting minister of commerce Haji Nooruddin Azizi says his country is seeking to enhance bilateral trade with Iran to over $10 billion.
Businesspeople from Afghanistan have stressed the need for Iranian private sector to make more investment in the country.
An official at the Iranian Embassy in Afghanistan said that Iran exported over $1.8 billion worth of non-oil products to the neighboring country in the previous Iranian calendar year to late March.
Officials from Iran and Afghanistan signed a joint cooperation document in the field of international road transport.
In a bid to strengthen bilateral trade, Iran and Afghanistan have reportedly reduced border tariffs of transit of goods, according to an official with the knowledge of the matter.
The deputy governor of the Central Bank of Iran (CBI) for international affairs said the ground has been paved for the exchange of goods using the Iranian rial with Afghanistan and Russia, which have signed bilateral monetary pacts with Iran.
Head of Mashhad Chamber of Commerce, a local Iranian chamber of commerce in Khorasan Razavi Province which shares large borders with Afghanistan, says Iran private sector stands ready to play a more enhanced role in Afghanistan’s economy.