Iran Exports to Afghanistan Expected to Drop to $2.9b by March 2021

The coronavirus crisis is expected to reduce Iran’s exports to Afghanistan to $2.9 billion in the current fiscal year (March 2020-21) compared with $3.2 billion in previous years, the chairman of Iran-Afghanistan Chamber of Commerce said. 
Noting that the neighboring Afghanistan meets 40% of its imports, including construction materials, food and fuel from Iran, Hossein Salimi added, “We intend to improve commercial exchanges with Afghans by making investment in their mining sector. Such investments will increase Afghanistan’s revenues and improve their purchasing power. Iranians’ financing of two projects, including a carbonated soft drink plant, has already begun.”
A number of trucks crossed Milak border crossing into Iran to mark the reopening of the border after the repeated opening and closing in the past week, according to spokesperson of the Islamic Republic of Iran Customs Administration Rouhollah Latifi.