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Afghanistan’s exports up by 12%

Afghan Minister of Commerce and Industries Humayon Rasa announced Afghanistan’s trade deficit was gradually moving toward positive as exports have increased by 12%. Afghanistan’s trade deficit had been widening in the past decade. Afghanistan recorded a trade deficit of 7159

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Tension at Torkham border costs Afghan traders $10mn in losses daily

The recent tension at the Torkham border between Afghanistan and Pakistan forces result in a daily loss up to USD 10mn to Afghan traders. Forces on both sides of the border started fire exchanges four days ago after Afghanistan prevented

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Afghanistan, Pakistan fresh fruit trade up by 46%

According to Pakistan’s Customs Department, the import of fresh fruits from Afghanistan and Pakistan via Torkham and Kurram Agency has increased by 46% during the first eight months of the current fiscal year. The fresh fruit trade between the two

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Afghan-Iranian trade summit kicks off in Kabul

A four-day Afghan-Iranian trade summit has been held in Kabul from October 19-22 to help bolster ties between the two nations. During the four-day event, the two sides will confer on how to promote bilateral trade and investment and strengthen

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Afghan gov’t hikes customs duty on certain imports

The Ministry of Finance (MoF) plans to increase import duties on tissue paper and cardboard box imports in a bid to boost domestic production of the materials. Customs duty on tissue paper and cardboard box will be hiked by 30%

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Pakistan’s cement exports to Afghanistan decline by 58%

All Pakistan Cement Manufacturers Association (APCMA) have reported a 58% decline in the country’s cement exports to Afghanistan. According to the figures by APCMA, cement exports to Afghanistan declined from 441,812 tons in July 2013 to 183,927 tons in July

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ANSA inaugurates new central laboratory complex

Afghanistan National Standard Authority (ANSA) inaugurated a high-tech new central laboratory on Tuesday. The complex consists of construction material lab, metrology lab, petroleum lab and electricity lab that will help ANSA to ensure quality of imported materials. Built in an

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Afghan-Indian Working Group agree on expanding trade cooperation

A maiden meeting of the Afghan-Indian Working Group was held in Kabul on Tuesday to confer on strengthening trade cooperation between the two neighboring nations. Indian Commerce Secretary SR Rao assured that his country would continue to cooperate with Afghanistan

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Sher Khan Port revenue increases by 130mn AFN

Sher Khan Port, situated next to Panj River in northeastern Kunduz province near the border with Tajikistan, has generated 730mn AFN worth of revenue this solar year, showing a 130 million AFN increase from last year’s revenue. Addressing a news

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Afghanistan’s exports double this year: Ministry of Commerce and Industries

Afghan Ministry of Commerce and Industries has reported a two-fold increase in Afghanistan’s exports. According to the Ministry’s spokesperson, Afghanistan’s exports stood at USD 62mn in 2012, while the amount has surpassed USD 100mn during the first six months of

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Afghanistan's exports double this year: Ministry of Commerce and Industries

Afghan Ministry of Commerce and Industries has reported a two-fold increase in Afghanistan’s exports. According to the Ministry’s spokesperson, Afghanistan’s exports stood at USD 62mn in 2012, while the amount has surpassed USD 100mn during the first six months of

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Depreciating Afghani causing price-hike in the market

The increasing prices of essential commodities has become intolerable among the Afghan people. The Lower House of the Parliament summoned Finance Minister Hazrat Omar Zakhilwal, Chief of the Central Bank Noorullah Dilawari and Deputy Commerce and Industry Minister Muzammil Shinwari

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Afghan-Pak bilateral trade declines

Earlier this year the Pakistan-Afghanistan Joint Commission (JEC) had agreed to enhance the bilateral trade from USD 2.5 billion in 2013 to USD 5 billion by 2015. According to data compiled by Pakistan Bureau of Statistics and State Bank of

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Afghanistan’s second oil refinery plant inaugurated

Ministry of Commerce and Industries officials have reported that Afghanistan’s second oil refinery plant has begun its operations. Situated in Hairatan port, the plant is owned by an Afghan businessman and has a capacity of refining 840 tons of oil

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Farah witnesses a remarkable increase in jujube yield this year

Farah orchard owners are experiencing a tremendous hike in jujube production. With 950 hectares of land producing 1,187 tons of jujubes, the production has jumped three-fold this year in the province. The fruit is widely produced in Andar Dara, Pusht

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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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Afghanistan imports 98% of its medicines

Afghanistan, Pakistan and Iran have held for the first time ever a health exhibition. Addressing the exhibition, Executive Chief of the Afghan Chamber of Commerce and Industries, Mohammad Qurban Haqjo, said Afghanistan imports about 98% of its medical needs. He

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Fig production in Kandahar has increased

By Mohammad Naeem: Kandahar province has witnessed a boost in fig production and an improvement in the product’s quality. Orchard owners in Kandahar confirm the remarkable increase in the production of fig and its quality. “Due to reasonable climate with

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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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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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Herat Factories Struggling to Compete with Imports

Around 300 factories in Herat have recently gone bankrupt or are headed for bankruptcy of around 400 which used to exist, according to the Herat Industrial Union. Lack of security, poor facilities, price dumping by neighbouring countries, and high customs

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Afghanistan sees an increase in trade deficit for the fourth consecutive year

According to a recent report by Afghanistan’s Central Statistics Organization (CSO), the gap between Afghanistan’s imports and exports has widened for the fourth consecutive year. In the first nine months of 1391 (2012), imports grew to USD 6.42bn and exports

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Two-fold increase in Afghanistan fruits export

Exports of Afghan fresh fruits have doubled from last year, said officials of the Ministry of Agriculture and Livestock. Afghan fruits have established a niche in the foreign markets and the demand for these fruits are on the rise. “The

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Iran agrees to allow Afghan truckers entry

At a meeting on transit trade, Iran agreed to simplify visa regime and allow Afghan trucks entry into the neighboring country. This comes as the two nations are strengthening their economic ties, indicating that the international sanctions have no impact

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Afghanistan’s negative balance of trade, a threat to its economy

Ministry of Commerce and Industries has warned of the potential problems that the widening gap between Afghanistan’s exports and imports can cause to the economy after the international community winds down its aid. Speaking at the inauguration ceremony of Exporters

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