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Tehran-Kabul trade close to $2 billion

Business Materials 25 December 2011 11:52 (UTC +04:00)
The value of trade between Iran and Afghanistan stood at around $2 billion in the first 11 months of 2011, of which $1.5 billion was Iran’s exports to the neighboring country, the IRNA news agency quoted Iran’s industry, mine and trade minister, Mehdi Ghazanfari, as saying.

Azerbaijan, Baku, Dec. 25 / Trend F.Milad/

The value of trade between Iran and Afghanistan stood at around $2 billion in the first 11 months of 2011, of which $1.5 billion was Iran's exports to the neighboring country, the IRNA news agency quoted Iran's industry, mine and trade minister, Mehdi Ghazanfari, as saying.

He made the remarks on the sidelines of his meeting with Afghanistan's minister of commerce and industries, Anwar-Ul-Haq Ahady, in Tehran on Saturday.

The Afghan minister, for his part, said that Iranian companies are carrying out 110 technical-engineering projects, worth $360 million, in Afghanistan.

Iran mainly exports pharmaceuticals, cement, iron and steel products, detergents and gasoline to Afghanistan.

Afghan Ambassador to Tehran Abidollah Abid said in March that annual trade between Tehran and Kabul could reach $6 billion.

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