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Azizi says investing in Afghanistan made easy for Iranians

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(Last Updated On: February 21, 2024)

The Acting Minister of Industry and Commerce Nooruddin Azizi said in a meeting with an Iranian delegation, led by the Deputy Coordinator of Economic Affairs of Razavi in Khorasan province, that Iranians can invest in Afghanistan “as if they were Afghans”.

Azizi said the paperwork needed for Iranians has been simplified and that traders can now pursue opportunities as they wish.

MoIC spokesman Abdul Salam Jawad Akhundzada quoted Azizi as saying: “The Acting Minister of Industry and Commerce of the Islamic Emirate of Afghanistan asked the delegation of the Islamic Republic of Iran that now the process of documents is easier than in the past and they can invest like an Afghan and use this opportunity the way they want.”

Abolfazl Chamandi, deputy economic affairs coordinator of Razavi, said that they were ready for joint investments in various sectors with Afghanistan and that relations between the two countries were strengthening.

“We are ready to provide information on the progress of the activities regarding the agreements that were made between the two countries during the recent visit of Mullah Abdul Ghani Baradar, the economic deputy of the prime minister, and we are moving to implement the agreements step by step,” Chamandi said.

Meanwhile, some experts said that due to security and stability in Afghanistan, investors from neighboring countries, especially Iran, can invest in Afghanistan and Tehran can expand its business relations with Kabul.

Currently, Iran is considered Afghanistan’s largest trading partner, and once Afghan traders start using Chabahar port more, trade relations between the two countries will strengthen.

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