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Iran, Afghanistan to ink contracts worth $100M

Business Materials 29 December 2015 15:24 (UTC +04:00)

Tehran, Iran, Dec. 29

By Mehdi Sepahvand - Trend:

Iran and Afghanistan are set to sign contracts worth $100 million in near future.

The contracts will be signed on the sidelines of an exhibition in Kabul, ISNA news agency reported Dec. 29.

Iran's export to Afghanistan stands at $3 billion, comprising 40 percent of Afghanistan's total import. The exported goods include consumer goods such as detergents, food, construction material, fuel, drugs, wood, and plastic.

Afghanistan's major exports to Iran are fresh and dried fruits, herbals, and saffron.

Iran and Afghanistan signed a trade contract worth $50 million last year.

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