Iran and Afghanistan on Tuesday signed an agreement on cooperation in various fields of the insurance industry, Fars reported.
"We aim to send (Iranian) experts to Afghanistan in a bid to enable that country to make use of our specialized insurance trainings and to establish ties between Iranian and Afghan insurance companies," Director of the Central Insurance of Iran Mohammad Karimi said.
According to the agreement Iranian insurance companies will be able to set up branches in Afghanistan, sell insurance policy and pay indemnity, he said and added that Afghan insurance companies can start their activities in Iran as well.
Iran is one of the most important donors to Afghanistan which has kept its promises to help to the reconstruction of the war-hit country.
Iran has built some roads, power transmission lines, and border stations, among the other infrastructure projects which would better link the two nations.
Iran has also contributed more than $50 million annually to Afghan anti-narcotics efforts in the last 8 years.