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Afghan Chamber of Commerce supports reviving ‘Silk Road’

The Afghanistan Chamber of Commerce and Industries (ACCI) support reconstruction of the Wakhan corridor between Afghanistan and China that has historically been known as the “Silk Road” and has served as valuable economic route. ACCI Deputy CEO Khan Jan Alokozay

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ACCI chief announces his resignation

Qurban Mohammad Haqjo, Head of the Afghan Chamber of Commerce and Industries (ACCI), announces his resignation. According to Khaama Press (KP), the reason behind Haqjo’s resignation is his endorsement of presidential candidate Abdullah Abdullah, who was the leading candidate in

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Nimroz transporters accuse ACCI of graft

A number of transporters in Nimroz raised their voices against the issue of graft hindering their business activities. According to Pajhwok Afghan News (PAN), the transport unions and drivers have warned of going on strike if the issue of bribery

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Security remains an impediment to economic growth: ACCI

A latest report by the Afghanistan Chamber of Commerce and Industries (ACCI) has revealed that security still remains a major threat to the country’s economic growth. The report was based on a survey and interview of entrepreneurs in four provinces:

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Afghan government optimistic about the new economic policy

Afghan Ministry of Economy is optimistic about the new economic policy that is expected to bring visible changes to the economy of the country within three years. According to the Ministry’s spokesperson, Najibullah Amin, the new policy includes mines extraction,

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Afghan economic experts identify challenges facing the private sector

A day-long national conference was held in Kabul by the Afghanistan Chamber of Commerce and Industry (ACCI) to evaluate challenges facing the private sector. The challenges outlined would be then presented to the presidential candidates to incorporate them in their

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Kabul hosts Afghan-Pak trade exhibition

A 3-day exhibition showcasing industrial products from Afghanistan and Pakistan is being held in Intercontinental Hotel of Kabul City from 28-30 November. Afghan traders have put on display items such as dried fruits, carpets and precious stones, while the Pakistani

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Investment in Paktia at risk due to insecurity

Businessmen in Paktia have expressed concerns over the deteriorating security situation in Paktia and have warned of withdrawing capital and investment if the government failed to address the issue. Provincial head for the Afghanistan Chamber of Commerce and Industries (ACCI)

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Low quality imports allowed into Afghanistan in return for bribes-ACCI

Afghan officials expressed concerns over the lack of standardization on the Marking World Standards Day organized by the Afghan National Standards Authority (ANSA). The Afghan Chamber of Commerce and Industries Chief Executive Mohammad Qurban Haqjo claimed low-quality imports were allowed

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Afghan private sector accused of undervaluing export figures

Independent Media Consortium Productions (IMCP) in its report has alleged that the private sector has deliberately defrauded the government by reporting export figures 79% lower than the original price. The investigation was based on an independent data collection of the

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Delay in the approval of Investment Law hampers Afghan economy

The Ministry of Mines (MoM) have expressed concerns over the delay in the approval of the Investment Laws that is yet to be studied by the Parliament. Spokesperson to MoM, Rafi Rafiq Sediqi, said the Investment Laws have not been

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Import of second-hand goods weakens Afghanistan’s manufacturing industry

The Afghan Chamber of Commerce and Industries (ACCI) urged the government to check on the import of sub-standard goods that have flooded Afghan market and as a result hurting Afghan economy. According to the Chamber, over two billion dollars worth

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Safi Airways adds two new aircrafts to its fleet

In a bid to expand its services, Safi Airways have added two planes in the company’s fleet. According to the officials, the planes would be introduced on the Islamabad-Dubai route. The Afghan government and the Afghanistan Chamber of Commerce and

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Afghanistan’s Accountants and Auditors Association Established

By Mohammad Naeem: The Afghanistan Accountants and Auditors Association (AAAA) has been established with an aim to bring transparency and accountability in the private entities in Afghanistan. This association aims to promote audit practices in the private organizations as well

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Factories on the verge of collapse in Herat province

The Afghanistan Chamber of Commerce and Industries (ACCI) have expressed concerns over the fate of Afghan factories in Herat industrial park. ACCI Deputy Chairman Khan Jan Alokozai alleged that neighboring countries were behind undermining some Afghan factories by selling poor

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40% increase in Afghanistan’s exports during the first quarter

According to the Afghanistan Chamber of Commerce and Industries (ACCI), Afghanistan’s exports have increased by 40% during the first quarter of the current financial year (1392). Reduction in natural disasters and transit problems at the border accompanied by higher production

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Afghan traders face attacks on the Kabul-Kandahar highway

Traders have informed the Wolesi Jirga about the onslaughts on the Kabul-Kandahar highway that have resulted in the death of 6 drivers and burning of 250 trucks with commercial goods over the past 6 months. According to the Pajhwok Afghan

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US traders evince interest in investments in Balkh

American entrepreneurs expressed their interest in investments in Mazar-e-Sharif, the capital city of northern Balkh province, at a meeting of traders held by the provincial chapter of the Afghanistan Chamber of Commerce and Industries (ACCI). Addressing the meeting, ACCI head

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Khyber Pakhtunkhwa imposes tax on Afghan transit goods against the trade accord

The Khyber Pakhtunkhwa (KP) has announced its decision of imposing one percent tax on Afghan transit trade goods that would be used to construct the Peshawar-Torkham road. The Afghanistan Chamber of Commerce and Industries (ACCI) strongly reacted to the KP

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Afghan Insurance Commission making efforts to institutionalize insurance

The Afghan Insurance Commission of the Ministry of Finance has undertaken public awareness programs in a bid to develop insurance culture among the general public and to institutionalize insurance in the country. As part of their efforts, the Commission has

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Ministry of Justice has not sent the new Mines Law to the Parliament

The Ministry of Justice has not sent the draft of the new Law on Mines to the Lower House of the Parliament, while it had promised to do so two weeks ago. The strong advocates of the new Law—The Afghanistan

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ACCI survey reveals more than 50% of Afghan private firms are optimistic about future

According to a survey conducted by the Afghanistan Chamber of Commerce and Industries (ACCI), 57% of Afghan private firms were optimistic about their future in Afghanistan. ACCI Chief Mohammad Qubran Haqjo said more than 900 officials at small, medium and

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3 more insurance companies to open in Afghanistan

Insurance Department of the Ministry of Finance announced Sunday that three more insurance companies are going to start operating in Afghanistan. This comes amid concerns about the underdeveloped situation of the insurance sector. Addressing a training workshop in Kabul on

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Prices of raw materials in Afghanistan on the rise amid high tariffs

The Afghanistan Chamber of Commerce and Industries (ACCI) urged the government to bring down the tariffs level on raw materials. The prices of raw materials have increased by 25%, raising concerns among the traders and consumers. “The government levies taxes

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Traders strike in Herat province

Traders in Herat province protested against the Council of Ministers’ decision on the collection of municipality taxes from Afghan traders at cities’ entry points. They said the decision denotes the extent of corruption that exists in Afghanistan and warned they

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