BAKU, Azerbaijan, June 22
By Elnur Baghishov – Trend:
Iran and Afghanistan will sign a memorandum on long-term and comprehensive cooperation in energy and other fields in the current Iranian year (began March 20, 2020), Minister of Energy of Iran Reza Ardakanian said, Trend reports citing the ministry’s official website.
He made the remark at a joint press conference with Acting Foreign Minister of Afghanistan Mohammad Hanif Atmar.
The minister said that the memorandum will cover the activities of the joint commission of the two countries, a number of joint projects, including cooperation in the field of fossil and alternative renewable energy.
Ardakanian added that one of these projects is the establishment of an Afghan bank’s branch in the Chabahar county of Iran's Sistan and Baluchestan Province. Because the US sanctions against Iran for Afghanistan provide a number of concessions. Because the US sanctions against Iran provide for a number of concessions for Afghanistan.
According to Ardakanian, the Khaf-Herat railway is also expected to be commissioned in the autumn of current Iranian year (began March 20, 2020).
"All this shows that Iran and Afghanistan intend to accelerate work on joint economic projects," he said.
The 137-kilometer-long Khaf-Herat railway will also be commissioned in the current Iranian year.
The US imposed new sanctions on Iran in November 2018. Over the past period, the sanctions affected Iranian oil exports, more than 700 banks, companies and individuals.