20 Apr 2024
Tuesday 12 August 2014 - 17:21
Story Code : 110994

Envoy: Iran-Afghanistan trade value hits $5bln

Envoy: Iran-Afghanistan trade value hits $5bln
TEHRAN (FNA)- The value of trade transactions between Iran and Afghanistan has witnessed an eye-catching growth in a 5-year span by hitting $5 billion per year, Kabul's ambassador to Tehran said on Tuesday.


"The value of trade between Iran and Afghanistan, including transit of goods and fuel products, has hit $5 billion per year," Afghan Ambassador to Tehran Nassir Ahmad Nour told FNA.

He noted that Iran and Afghanistan's trade balance shows a 10-fold rise as compared with five years ago, and is rising steadily.

The senior diplomat said the gates to his country's economy and market are open to all the neighboring nations, specially Iran.

Last week, Afghan Foreign Minister Zarar Ahmad Osmani in a meeting with Iranian Ambassador to Kabul Mohammad Reza Bahrami called for the further expansion of relations with Tehran in all fields.

During the meeting in Kabul on Thursday, Osmani expressed satisfaction over the level of Tehran-Kabul cooperation, and said both states enjoy great potentials to expand cooperation.

Describing the bilateral relations as cordial, the Afghan top diplomat called for the promotion of all-out cooperation with Iran.

Bahrami, for his part, reiterated that the two nations enjoy amicable relations.

Iran is one of the most important donors to Afghanistan, which has kept its promises to help to the reconstruction of the war-ravaged country.

Iran has built several roads, power transmission lines, border stations and many other infrastructure projects to better link the two nations.

Iran has also contributed more than $50mln annually to Afghan anti-narcotics efforts during the last five years.

In late January, Iran and Afghanistan signed an energy cooperation pact to further strengthen their cooperation in the electricity and water sectors.

Under the deal, the Islamic Republic will export more electricity to Afghanistans western provinces of Herat, Nimrouz, and Farah.

By Fars News Agency

 

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