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Home›Iran finance›Afghanistan and Iran form joint committees to strengthen ties and accelerate economic growth

Afghanistan and Iran form joint committees to strengthen ties and accelerate economic growth

By Ninfa ALong
November 19, 2021
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Afghanistan and Iran have set up several committees to expand cooperation between the two countries in the sectors of economy, agriculture, railways, trade and investment, the two countries said. Afghan Ministry of Finance (MoF). The committees were created during the meeting between Iran’s special envoy to Afghanistan, Hassan Kazemi Qomi, with officials of the Taliban regime, TOLOnews reported.

Many terms were agreed upon during the Afghanistan-Iran meeting, including the export of oil and flour to Afghanistan as well as the appointment of representatives of the two countries; investigation into the Khaf-Herat railway project; the establishment of a committee between Afghanistan, Iran and China to build and finance the Herat-Mazar and Wakhan-Kashgar railways; investment in the agricultural sector; creation of a common chamber of commerce between Afghanistan and Iran; visas for traders and investors; resolve fuel conflicts, etc., TOLOnews reported. TOLOnews quoted a finance ministry spokesperson as saying, “Most of our business challenges were in Iran. When our traders buy the goods, they are not processed on time, visas are not issued on time.

Afghanistan’s Minister of Industry and Trade Nooruddin Azizi said the country was working to increase its exports to Iran. Committees have started their activities in the areas of commerce, commerce, mining, banking, customs and culture, TOLOnews reported.

The country mainly depends on Iran for goods and fuel. Economists believe that the creation of joint committees could potentially develop and improve the Afghan economy. (ANI)

(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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