Over a Thousand Afghan Investors Leave Iran.
Mohsen Zangeneh, a member of the Iranian Parliament, announced that due to currency-related problems and stricter regulations on foreign exchange transfers, more than a thousand Afghan entrepreneurs and investors were forced to leave Iran and return to the industrial zones of Herat and Kabul.
According to Zangeneh, these investors initially brought in the necessary funds through currency exchanges and established industrial and production units in Iran.
He explained that the Trade Promotion Organization of Iran later required investments to be made through the country’s official banking system. This discrepancy in currency procedures created uncertainty and ultimately led a significant portion of Afghan investors to withdraw.
Zangeneh added that the Iranian government, in coordination with the Central Bank and the Ministry of Economic Affairs and Finance, has now finalized a solution: investments made until the end of 1403 (March 2025) will be officially assessed by experts and valued according to the current exchange rate.
The parliamentarian emphasized that this agreement will be presented for approval next week at the Foreign Investment Board meeting. He also noted that if finalized, Afghan investors have expressed their willingness to invest between 2 to 3 billion dollars in Iran over the next four years.
Additionally, Zangeneh referred to the upcoming Asian Inter-Parliamentary Assembly in Mashhad, stating that the city could become an important hub for international events and exchanges.
