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Iran exports nonoil goods worth 13b to Afghanistan in 7 months

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Iran exports non-oil goods worth $1.3b to Afghanistan in 7 months

TEHRAN- Iran has exported non-oil commodities valued at $1.3 billion to Afghanistan in the first seven months of the current Iranian calendar year (March 20-October 21), the former head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran exports non-oil goods worth $1.3b to Afghanistan in 7 months

Mohammad Rezvanifar said that Afghanistan was the fifth top export destination of the Iranian non-oil goods in the mentioned seven-month period.

In a meeting with an Iranian trade delegation in Kabul in mid-August, Afghanistan's interim Deputy Prime Minister Mullah Abdul Ghani Baradar Akhund said that his country is eager to attract Iranian investors in order to develop Afghan mining industry, generate solar electricity and expand railway connectivity.   

The Iranian delegation also proposed to launch a joint special industrial zone with Afghanistan.

Noting that Afghanistan has turned into a good place for making investment, Mullah said that the relevant ministries and organizations there, will cooperate and work closely with the investors. 

The Iranian delegation, made up of economic and trade players, also held a separate meeting with Afghanistan’s acting minister of commerce Haji Nooruddin Azizi. They called for the formation of a joint economic-mining zone between the two neighboring countries.

In early August, Iran's commercial attaché in Afghanistan said that in order to improve Iran’s presence in Afghanistan's markets, the trade between the two countries should move towards newer models of cooperation.

“Afghanistan supplies more than 80 percent of its market needs through imports, and imports from Iran constitute 25 percent of this amount,” Hossein Roustaei said in a meeting on opportunities and challenges of the Afghan market, held by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).

Referring to Afghanistan's import priorities, including food, agriculture, fuel, basic goods such as flour, oil, eggs, day-old chickens, medicine, medical equipment, and construction equipment, he continued: “Iran exported more than 724 million dollars of goods to Afghanistan in the first four months of the current [Iranian calendar year] (March 20-July 21) which has increased by 28 percent compared to the same period last year.”

“The establishment of national security and the central government in Afghanistan over the past two years have improved the conditions of trade with this country,” he added.

Afghanistan has prioritized the exploitation of the country’s mines. Therefore, Iran's traditional economic relation with Afghanistan should enter into newer models of cooperation, he stressed.

According to Roustaei, investment and operation of mines, technical and engineering services, mechanization of agriculture and smart agriculture, construction of transportation infrastructure, and renewable energies are among the new fields that should be considered for cooperation between the two countries.

Increasing non-oil exports to the neighboring countries is one of the major plans that the Iranian government has been pursuing in recent years.

Iran shares land or water borders with 15 countries namely UAE, Afghanistan, Armenia, Azerbaijan, Bahrain, Iraq, Kuwait, Kazakhstan, Oman, Pakistan, Qatar, Russia, Turkey, Turkmenistan, and Saudi Arabia.

As the former head of the Islamic Republic of Iran Customs Administration (IRICA) has announced, the value of Iran’s non-oil trade with its neighboring countries has increased 23 percent in the first seven months of the current Iranian calendar year, as compared to the same period of time in the past year.

Mohammad Rezvanifar has put Iran’s non-oil trade with its neighbors at 64.5 million tons worth $41.1 billion in the seven-month period.

He said trade with the neighbors also increased by 16 percent in terms of weight.

According to Rezvanifar, Iran exported 51.1 million tons of non-oil goods worth $20.2 billion to the neighboring countries in the seven-month period of this year, while importing 13.4 million tons of goods valued at $20.9 billion.

Regarding Iran's main export destinations among the neighboring countries, he said: “Iraq, the UAE, Turkey, Afghanistan and Pakistan were the five main export destinations of Iran among the neighboring countries.”

“United Arab Emirates, Turkey, Russia, Oman, and Pakistan were the five major sources of imports among the neighboring countries in the seven months of this year,” the official added.

MA

source: tehrantimes.com