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New American sanctions on Iran harm Afghan exporters

The Chamber of Commerce and Industries of Afghanistan (ACCI) said that news U.S. sanctions on Iran are one of the key challenges which threaten economic and trade activities through the Iranian sea port of Chabahar. At least 50 containers of Afghan goods are ready to be exported through Chabahar port to Chinese and Indian markets, but the export of the goods has been disrupted due to problems in money transactions. Afghan and Indian banks are not able to transfer money through the port, said a representative of ACCI. “The US treasury should permit the World Bank and IMF so that we can open the letter of credits,” said the ACCI representative.