Acting Minister of Mines and Petroleum Hedayatullah Badri said at the opening ceremony of “Iran International Mineral Exhibition” in Tehran that Afghanistan currently has stability and that favorable opportunities for investment have been created in the country.
Badri added that the Islamic Emirate seeks to effectively utilize the experiences of neighboring countries in the extraction of Afghanistan’s mineral resources.
In addition to touring various sections of the exhibition and a lithium processing plant, he also extended an invitation to Iranian private sector companies to invest in Afghanistan.
He also held a meeting and discussion with Iran’s Minister of Industry, Mine, and Trade. A previous agreement between Tehran and Kabul regarding survey work, development, and laboratory procurement was the central focus of this meeting.
Meanwhile, the Ministry of Mines and Petroleum of Afghanistan announced that two technical committees have now been formed to begin practical work on this agreement.
The Ministry of Economy also stated that Kabul is seeking to strengthen its economic and trade relations with Tehran, which would be mutually beneficial for both countries.
“Iranian investors are interested in investing in Afghanistan’s mining, transportation, energy, and infrastructure sectors, and the Islamic Emirate welcomes Iranian investors in Afghanistan,” said Abdul Latif Nazari, Deputy Minister of Economy.
Economic experts, however, consider Iran to be a valuable economic and trade partner for Afghanistan. They emphasize that expanding relations with Iran could benefit the economies and trade sectors of both Kabul and Tehran.