Iran, Afghanistan trade turnover hits $2.5B
Baku, Azerbaijan, Sept. 8
By Fatih Karimov – Trend:
Trade turnover between Iran and Afghanistan currently stands at $2.5 billion per year, Azarakhsh Hafezi, head of the International Affairs Committee of the Afghanistan Chamber of Commerce and Industry (ACCI), said.
The figure can increase to $20 billion in 10 years, Hafezi said, IRNA news agency reported Sept. 8.
The two countries need to make joint investments in various fields, in particular in the electricity production sector to boost the value of mutual trade, Hafezi added.
Iran shares some 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.