Iran risks losing Afghan market to Turkey

Financial Tribune – Turkey is now overtaking Iran’s place in commercial exchanges with Afghanistan due to economic restrictions imposed by the Islamic Republic in the face of sanctions, says the head of Iran-Afghanistan Chamber of Commerce.

Noting that trade is a two-way business, Hossein Salimi added that since Iran’s Agriculture Ministry has banned the import of some crops to support domestic producers, Iran-Afghanistan bilateral trade has been adversely affected.

He noted that Afghans also want to export their agro products to Iran but have failed to do so due to Iranian restrictions, Fars News Agency reported.

The list of Iran’s banned imports has become longer, as the government unfolded its latest foreign trade decision that added 120 goods to the previous list of 1,530.

The decision was made by the heads of the three branches of power in the last week’s meeting of the Supreme Council of Economic Coordination in response to a call by Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.