Sunday, October 8, 2023

"Afghan Investors Take Pole Position in Iran’s Foreign Investment Landscape"

From Hong Kong's BNN Network, October 8:

Unveiling a New Economic Era
Historically, the economic ties between Iran and Afghanistan have been steadily developing. Now, this bond is set to strengthen further. The Iran Foreign Investment Association recently announced that Afghan investors have ascended to the top of Iran’s foreign investment leaderboard. This marks a significant milestone in the economic relationship between the two countries. The association underscored that Afghan investments span a gamut of sectors, from manufacturing and services to agriculture. The surge in Afghan interest in investing in Iran can be attributed to the close cultural and linguistic ties shared by the two nations. 

Fostering Economic Cooperation
The recent development is anticipated to bolster economic cooperation and fortify ties between Iran and Afghanistan. Trade and economic relations between the two countries have been on the rise, with annual trade exceeding $1 billion, according to Afghanistan’s Chamber of Commerce and Investment (ACCI). Currently, Iran holds the position of Afghanistan’s biggest trading partner. The economic interdependence between both countries is expanding daily, showcasing a promising future for mutual growth and prosperity. The Ministry of Industry and Commerce in Afghanistan is actively taking strides to develop economic relations with all neighboring countries, including Iran....

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