Development News from Afghanistan

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Iran, Afghanistan trade set to increase

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Tehran, June 17, IRNA

Trade exchanges between Iran and Afghanistan will increase following the resolution of problems pertaining to the border markets, deputy head of Iran’s Trade Development Organization Ali Houshmandi-Manesh said on Sunday.

Speaking in a meeting with the Head of International Trade Department of Afghanistan’s Ministry of Trade and Industries Mohammad Azam Wardik, he expressed hope that trade exchanges between the two countries will increase to ideal level.

With the resolving of the existing problems in the way of bilateral trade development, in particular on non-oil export from Iran to Afghanistan, the two friendly countries will expand trade exchanges in view of their cultural, religious, traditional and social commonalties, he added.

Houshmandi-Manesh referred to the preferential agreement between Iran and Afghanistan, adding, “We hope the agreement will be signed by the end of this year, and the joint chambers of commerce will become operational soon.”

The Afghan official, on his part, said the volume of trade between Iran and Afghanistan can increase to one billion dollars.

Wardik also expressed hope that in light of mutual cooperation, they will establish railroad transportation system, as well as finalize and ink the preferential agreement soon.

The Afghans, he said, are more inclined to buy Iran-made commodities since they observe the standards more than the products coming in from China and Pakistan.

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Written by afghandevnews

June 18, 2007 at 4:25 am

Posted in Economy

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