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Iran, Afghanistan sign trade MOU

Iran Materials 2 July 2009 14:52 (UTC +04:00)

Commerce ministers of Iran and Afghanistan here on Tuesday signed a 17-article memorandum of understanding to promote bilateral trade.

IRIB reported Iranian Commerce Minister Masoud Mirkazemi and his Afghan counterpart Wahidullah Shahrani inked the MOU to streamline two-way trade and expand commercial ties.

Formation of joint commissions of trade and transportation, establishing Kabul-Chabahar-Dubai airway, issuing business cards for the two sides' tradesmen, establishing Afghanistan-Iran joint chamber of commerce in Kabul, signing a preferential trade agreement, exchanging trade delegations, and participating in the other side's trade exhibitions are some of the MOU's topics.

IRNA quoted Chairman of Afghanistan Chamber of Commerce and Industries Mohammad Qorban Haqju as saying that Iran's exports to Afghanistan stood at $800 million in 2008.

Iran imported $4 million worth of products like fresh and dried fruits, minerals, precious stones, and spices from the neighboring country. He said that Iran exported oil products, cement, construction material, carpets, home appliances, and detergents.

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