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Iran eyes Afghanistan as key economic opportunity amid sanctions

Araghchi said dedicated systems and procedures should be developed for health tourism to make it easier for eligible Afghan visitors to enter Iran.

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Iranian Foreign Minister Abbas Araghchi has described neighboring countries, including Afghanistan, as a major economic opportunity for Iran as the country continues to face international sanctions.

Speaking at a meeting with tourism and handicrafts investors in Razavi Khorasan province, Araghchi said neighboring states represent Iran’s “greatest opportunity” for expanding foreign policy and economic cooperation.

He highlighted the potential for health tourism between Iran and Afghanistan, saying the Foreign Ministry faces no obstacle to issuing visas to Afghan nationals and is ready to facilitate the process for genuine applicants, particularly those seeking medical treatment.

Araghchi said dedicated systems and procedures should be developed for health tourism to make it easier for eligible Afghan visitors to enter Iran, adding that the Foreign Ministry is prepared to cooperate with relevant authorities.

He also called for greater powers for provincial governments to address economic and cross-border issues, saying Iran’s president supports strengthening local decision-making to resolve problems more quickly.

Referring to Iran’s experience with “provincial diplomacy,” Araghchi said many issues with neighboring countries, particularly those involving border regions, could be addressed more efficiently through local authorities.

He cited the Iran-Afghanistan border as an example, saying a problem between Razavi Khorasan and Afghanistan could potentially be resolved more quickly through officials on both sides rather than being referred to Tehran and Kabul for negotiations.

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Bayat Power’s 40-megawatt gas-fired turbine resumes operations in Jawzjan

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Bayat Power’s 40-megawatt gas-fired power turbine has resumed operations in Jawzjan province following an inauguration ceremony attended by Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs, on Saturday.

During the ceremony, Mullah Baradar praised Bayat Power’s investment in gas-fired electricity generation and encouraged other investors to invest in the electricity sector and other areas of the country’s economy.

He said the Islamic Emirate of Afghanistan had taken significant steps towards economic growth and industrialization, creating favorable investment opportunities across the country.

Mullah Baradar also called on investors and industrialists to contribute to Afghanistan’s reconstruction and development and help create employment opportunities for the Afghan people.

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Afghanistan’s finance minister travels to Iran for official visit

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Afghanistan’s Minister of Finance, Mohammad Nasir Akhund, has travelled to Iran at the head of a delegation following an official invitation from Iran’s Minister of Agriculture, the Ministry of Finance said.

During the visit, Akhund is expected to meet with various Iranian officials to discuss bilateral economic, trade, customs and other related issues.

The visit will also include discussions on key topics for an upcoming meeting of the joint economic commission between Afghanistan and Iran.

 
 
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Newly rehabilitated power line to benefit 60,000 consumers in Faryab

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Afghanistan’s Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar, on Saturday inaugurated the rehabilitated 110-kilovolt (kV) power transmission line connecting Maimana and Andkhoy in Faryab province.

According to the Deputy Prime Minister’s Office for Economic Affairs, the completion of the project will provide around 60,000 consumers with a more stable and reliable electricity supply.

Speaking at the inauguration ceremony, Baradar said the project would help meet local electricity needs, expand industrial activities and contribute to the region’s economic and social development.

He said the Islamic Emirate of Afghanistan (IEA) had implemented several electricity generation and transmission projects in a relatively short period, reducing reliance on imported electricity and power outages while creating new opportunities for industrial growth.

Baradar also said several major electricity infrastructure projects would be implemented over the next year to ensure a sustainable power supply, adding that the country’s existing electricity capacity would increase several times.

Addressing Afghanistan’s security situation, Baradar said the country was currently experiencing a level of security that he claimed was unmatched in most countries. He added that foreign tourists and visitors had continued to travel to Afghanistan since the IEA returned to power, including to remote areas of the country.

He rejected security-related concerns raised by some countries over travel to Afghanistan, describing them as unfounded and politically motivated. He called on the international community to strengthen meaningful engagement with Afghanistan based on realities on the ground.

Baradar also invited domestic and foreign investors to invest in Afghanistan, saying a secure and suitable environment had been created for large- and medium-scale investments.

 

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