Online Conference on boosting trade between Iran and Afghanistan

An online conference is scheduled on opportunities and strategies for trade between Iran and Afghanistan on Monday. This has been stated at the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). The online event will be attended by Hossein Salimi, the chairman of Iran-Afghanistan Joint Chamber of Commerce.

In this conference, the security and political situation of Afghanistan and the perspective of economic and political relations between the two countries, trade opportunities and goods and services needs of Afghanistan, investment opportunities in Afghanistan, how to participate in the Afghan market, Afghanistan and Iran credit lines and financial transfer will be reviewed.

Back in January, the Director General of the Asia-Pacific Office of Iran’s Trade Promotion Organization (TPO) had said that a preferential trade agreement with Afghanistan was going to be signed in the near future.

Speaking in the fourth meeting of Khorasan Razavi-Herat Joint Trade Committee in Mashhad, Reza Seyed-Aqazadeh said, “Necessary coordination has been made with the Ministry of Commerce of Afghanistan.”

He mentioned previous tariff agreements between the two countries and said, “Previously, in 2015, the tariffs for the imports of five commodity items from Afghanistan including the imports of sesame were reduced; the tariffs on sesame imports were reduced from 10 percent to five percent.”

According to the official, balancing international trade, especially with Afghanistan is one of the major strategies of Iran in foreign trade, and TPO’s goal is to establish a balanced trade between the two countries.

Special strategies have been adopted by the Trade Promotion Organization for balancing trade with Afghanistan and for resolving problems in this field, he said, adding that the issues and demands of Afghan businessmen will also be reviewed in a special working group in this organization to take the necessary measures and resolve their issues.

Having shared historical, cultural, political, and economic backgrounds, Iran and Afghanistan have been allies for many years and the strategic cooperation between the two countries has been broadened especially over the past two decades.

The value of Iran’s exports to Afghanistan is anticipated to reach US$3 billion in the current Iranian calendar year, according to Hossein Salimi, the chairman of Iran-Afghanistan Joint Chamber of Commerce.