Afghanistan deputy minister: expansion of economic ties with Iran important

08:54, March 08, 2011      

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Afghan Deputy Commerce and Industry Minister Mohammad Sharif Sharifi said Afghanistan attaches great importance to expanding economic and trade relations with Iran, the local satellite Press TV reported on Monday.

"The Islamic Republic possesses enormous technical and engineering capabilities that it could share with Afghanistan," Sharifi was quoted as saying on Sunday.

Kabul would create good conditions for Iranian private companies to invest in Afghanistan and "the Afghan government supports foreign investment in the country and guarantees the investment," the Afghan official said.

Afghanistan is currently in need of massive investment in its energy, agriculture and mining sectors, where Iran can play a major role, he said according to Press TV.

Iranian Deputy Commerce Minister Hamid Safdel said Sunday that Iran's non-oil exports to Afghanistan have exceeded 1.3 billion U. S. dollars in the current Iranian year ending on March 20, said Press TV.

Iranian investors can significantly contribute to the level of trade by investing in Afghanistan's natural resources and petrochemicals and exporting engineering and technical services, Safdel said, adding the large number of Iranian exhibitions in different parts of Afghanistan help boost the export of Iranian technical services to its eastern neighbor.

Source: Xinhua

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