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RASC News > Afghanistan > Farhang: New Investment Horizons Await Investors in Iran and Afghanistan
AfghanistanNews

Farhang: New Investment Horizons Await Investors in Iran and Afghanistan

Published 28/02/2024
Farhang: New Investment Horizons Await Investors in Iran and Afghanistan
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RASC News Agency: Dr. Abdul Hadi Farhang, an Afghanistani economic expert, asserted in his latest statement that there are ample new joint investment opportunities for Iranian and Afghanistani traders and investors in both countries.

In an interview with Mashhad Radio, Farhang referenced the recent visit of the Khorasan Razavi Economic Delegation to Afghanistan and their meetings with the acting Minister of Industry and Commerce and other economic officials of the Taliban group. He stated, “Iran and Afghanistan have longstanding economic relations, with people consistently playing a fundamental role in developing these trade ties. Currently, there are new investment opportunities in both countries.”

He further added, “Due to cultural and geographical proximity, the Islamic Republic of Iran has always welcomed Afghanistani traders, and there are facilities for visa issuance, fostering the expansion of trade opportunities between the two countries.” Farhang remarked that the Khorasan Razavi Economic Delegation’s trip to Afghanistan was highly successful. As Mashhad is one of Iran’s developed and industrial cities, traders from Khorasan Razavi are well-versed in the Afghanistan market and can easily operate there.

He highlighted, “Large foreign companies previously active in Afghanistan are now absent, presenting Afghanistan as a new market for the Islamic Republic of Iran, promising long-term profitability. Iranian companies are also well-established, and technology transfer from Iran to Afghanistan could significantly contribute to employment and economic development.” Farhang emphasized that Afghanistan’s agricultural sector is pivotal for economic development in both countries. Afghanistan organic agricultural products could find a lucrative market in Iran.

Moreover, Farhang noted, “Iran is an attractive destination for Afghanistani investors due to its abundant resources, mirroring Afghanistan’s potential for Iranian investment. Diligent collaboration between traders, investors, and officials from both nations can foster employment opportunities and economic growth.” He concluded by stressing, “Enhanced trade fosters security, prosperity, and peace, uplifting livelihoods. Joint investments lay the groundwork for economic stability.”

Shams Feruten 28/02/2024

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