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Joint Fund Could Ease Forex Repatriation From Afghanistan

Joint Fund Could Ease Forex Repatriation From Afghanistan
Joint Fund Could Ease Forex Repatriation From Afghanistan

Iran and Afghanistan can resolve issues related to export income repatriation by creating a joint fund through which Afghan migrants in Iran can send money home and exporters repatriate their revenue, head of the Iran-Afghanistan Joint Chamber of Commerce said. 
“More than 1.5 million Afghans live and work in Iran Most of them send money to their families back home after changing rials to dollars at Iranian exchange shops,” Hossein Salimi was quoted as saying by TCCIM.ir.
Salimi implied that Afghans can put the money into the proposed fund in Iran, instead of transferring it home. Exporters’ money would be kept in the fund in Afghanistan, to be used for making payments to Afghans in Iran. 

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