Over 1,000 Afghan Investors Leave Iran Due to Currency Issues

DID Press: Mohsen Zangeneh, a member of the Iranian parliament, announced that over 1,000 Afghan entrepreneurs and investors have left Iran because of currency exchange problems and returned to industrial zones in Herat and Kabul.

Many of these investors had initially brought foreign currency via unofficial channels to establish factories in Iran. However, the Iranian Trade Development Organization mandated that all investments go through official systems, creating conflicts that prompted their departure.

Zangeneh added that Iran has now proposed a solution: investments made until the end of 1403 (March 2025) will be evaluated by official experts and valued based on the current exchange rate. This agreement involves the Central Bank and Ministry of Economy and will be discussed in the upcoming Foreign Investment Board meeting.

If resolved, Afghan investors have pledged $2–3 billion in new investments over the next four years. Zangeneh also highlighted Mashhad’s potential as a regional hub for international events and exchanges, including hosting the Asian Inter-Parliamentary Assembly.