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13th Annual Business Matchmaking Conference held in D.C.

The 13th Annual Business Matchmaking Conference was organized by the Afghan-American Chamber of Commerce (AACC) from April 24-26, 2018 in Washington DC.  President Mohammad Ashraf Ghani addressed the conference in a video message followed by a number of addresses including

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China extending CPEC to Afghanistan

The Asian Competitiveness Annual Report 2018 released on Sunday on the sidelines of China’s Boao Forum for Asia (BFA) annual conference said the China-Pakistan Economic Corridor (CPEC) is being extended to Afghanistan. CPEC is the flagship project of China’s ambitious

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President Ghani approves National Export Strategy

Afghanistan’s High Economic Council (HEC), chaired by President Mohammad Ashraf Ghani, on 3 April endorsed a National Export Strategy (NES), which aims at growing the country’s exports in the short, medium and long term. This follows its previous approval by

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Afghanistan & Iran trade $2.48bn worth of goods in 11 months

According to a latest report, Afghanistan and Iran traded USD  5.32mn tons of non-oil commodities worth 2.48bn in the past 11 months. The Financial Tribute reported Iran imported 22,673 tons of goods worth USD 18.71mn during the period till Feb

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Afghan government signs $383mn National Fiber Network investment licensing contract

The investment licensing contract worth USD 383mn for the National Fiber Optic Network was signed on Sunday at the High Economic Council meeting chaired by President Mohammad Ashraf Ghani. The contract was signed between the Afghan Telecom Regulatory Authority (ATRA),

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First phase of Chabahar port connecting Afghanistan, Iran and India inaugurated

Iranian President Hassan Rouhani inaugurated the first phase of the Chabahar port on the Gulf of Oman on Sunday. Situated on the Gulf of Oman in the Sistan-Balochistan province of Iran, the port will open a new trading routes connecting

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Afghanistan eyes greater participation in regional trade

Afghan government officials and business leaders have advanced two plans that, once finalized, should help the country increase trade – a time-proven method, when applied effectively, for creating jobs and reducing poverty. The country’s proposed National Export Strategy surmounted two

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Leaders from 40 countries to discuss Afghanistan’s economic development in Turkmenistan

The Seventh Regional Economic Cooperation Conference (RECCA VII) ministerial meeting is scheduled on November 14-15, 2017 in Ashgabat-Turkmenistan. Political and business leaders from 40 countries are going to discuss economic cooperation and ways of attracting private investment to Afghanistan. Organized

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Afghan government to distribute 500 tons of saffron bulbs to farmers

The Afghan Ministry of Agriculture, Irrigation and Livestock will distribute 500 tons of saffron bulbs one month ahead of the planting season to help farmers cultivate 3,000 acres of saffron in the country. The country’s saffron is exported to Arab

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Afghanistan Business Summit launches to present a stronger, ethical face of private sector

A mega gathering of Afghanistan’s elite private sector firms, namely Afghanistan Business Summit,  was launched on August 1 to showcase success stories of the business sector, share future investment opportunities, and encourage collaboration of the private sector with the government

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Leading Afghan female entrepreneur Kamela Sediqi appointed as Deputy Minister of Commerce

Kamela Sediqi, a leading Afghan female entrepreneur, is appointed as the new deputy minister of Commerce. Abdul Salam Rahimi, Director-General of Administrative Office of the President, introduced Sediqi and expressed hope that her appointment would result in positive changes in

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Afghanistan steps up work to strengthen export sector

Afghan industry leaders, small business owners and public sector representatives on 18 May met in Mazar-e-Sharif to explore provincial trade challenges and solutions that can feed into the ongoing design of the country’s National Export Strategy (NES). A National Export

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Afghan-India air cargo routes to start in two months

Draft plans for the Kabul-Delhi route and the Kandahar-Amritsar route have been prepared and the routes will start within two months, announced Afghan Ministry of Commerce and Industry (MoCI) on Tuesday. This comes as Afghanistan’s peak export season of fresh

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Kunduz’s transport revenue goes up despite insecurity

The transport department of northern Kunduz province has collected 11.8mn Afn in revenue this year which surpasses last year’s revenue target. The provincial capital Kunduz City has seen repeated bouts of heavy fighting recently. It fell briefly to the Taliban

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ADB pledges $300mn for Afghanistan’s infrastructure development

The Asian Development Bank (ADB) has pledged to provide USD 300mn to support infrastructure projects in Afghanistan. According to ADB officials, reconstruction of highways and building a solar power generation facility in eastern Nangarhar province are part of the projects.

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Third Business Climate Conference held in Kabul

The third Business Climate Conference was held in Kabul by the Afghanistan Chamber of Commerce and Industries (ACCI) and the Afghan-German Cooperation’s program for Sustainable Economic Development and Employment Promotion (SEDEP). Representatives of the private and public sectors met to

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Pilot saffron cultivation program produces good results in Bamyan province

Afghan Ministry of Agriculture, Irrigation and Livestock (MAIL)  received positive results from its pilot saffron cultivation program in central Bamyan province over the last two years. For the first year of the experiment saffron was cultivated on nine plots of

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President Ghani highlights Afghanistan’s investment opportunities in Singapore

Addressing a meeting with entrepreneurs from various sectors in Singapore, President Mohammad Ashraf Ghani briefed the participants on the investment opportunities in Afghanistan and said the world should not focus on Afghanistan’s wars only. He said increase in domestic income

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Foundation for Afghanistan’s first grapes & raisins processing factory laid in Parwan

Afghanistan’s first ever grapes and raisins processing factory is soon to be established in the northern province of Parwan. The foundation for the new factory was laid on Friday by Afghanistan’s CEO Abdullah Abdullah. Abdullah highlighted the importance of investment

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When women suffer, a country suffers: CEO Abdullah Abdullah

Afghanistan’s CEO Abdullah Abdullah addressed the first Women Economic Forum on Sunday and said women’s empowerment is vital for the country’s development. He said Afghanistan has a long way to go to successfully achieve economic empowerment of women in the

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Afghanistan’s transit plans aligned with One Belt, One Road initiative

Finance Minister Eklil Hakimi announced at the One Belt, One Road (OBOR) Forum for Asia Annual Conference 2017 this week in China that Afghanistan’s trade and transit plans were aligned according to OBOR’s initiative. Addressing the Forum, Hakimi said Afghanistan

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Afghanistan’s Ministry of Commerce and Industries partners with Indian Center for WTO Studies

Afghanistan’s Ministry of Commerce and Industries (MoCI) and the Delhi-based Center for WTO Studies (CWS) have entered into a partnership for the capacity building of MoCI. The partnership agreement was finalized by Mohammad Haqjo, Deputy Minister for Commerce and Industries,

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Afghan Women’s Chamber of Commerce and Industries to be established soon

The Leading Entrepreneurs of Afghanistan for Development (LEAD) are soon going to establish the Afghan Women’s Chamber of Commerce and Industries–its first in the history of Afghanistan. The High Economic Council approved the proposal for establishment of this vital institution

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Afghanistan’s National Priority Plan on Women’s Economic Empowerment

The National Unity Government (NUG) of Afghanistan officially presented the National Priority Plan on Women’s Economic Empowerment to its citizens on Thursday. The plan aims at developing women’s capacity to strengthen their household economies, but also to positively impact Afghanistan’s

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Afghan agricultural produce spoil due to lack of markets

A number of local businessmen voiced their concerns over lack of markets and storage facilities for their agricultural products, mainly onions. According to the Ministry of Agriculture, Irrigation and Livestock (MAIL), 142,000 tons of onions were harvested this year. However,

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