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Turkish, Afghan traders meet to discuss joint investment opportunities

A high-ranking Turkish delegation met with officials from Afghanistan’s Chamber of Commerce and Industries (ACCI) in Kabul on Sunday to discuss investment opportunities available in the two countries. Led by the Turkish Deputy Minister of Economy Fatih Metin, the delegation

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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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Afghanistan to export over 10 tons of goods to Almaty

Afghanistan is looking to increase air cargo exports to Almaty, Kazakhstastan, according to the Office of the Senior Advisor to the President in Banking and Finance. To boost economic and trade relations, Afghanistan will increase exports to Kazakhstan to over

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3rd Afghanistan-Iran economic meeting to be held in March

The third economic meeting of Afghanistan and Iran’s Joint Economic Committee is going to be held in March 2018 in Tehran. The two parties are expected to confer on opportunities for joint investment in different sector to help boost trade

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Afghanistan, Indonesia to open air corridor

The Afghan and Indonesian government are planning to open an air corridor between the two countries. Afghan Ministry of Commerce and Industries (MoCI) on Monday said Afghanistan and Indonesia have formed committees to work on opening an air corridor. The

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Afghan, Pak bilateral trade drops by $2bn amidst political tensions

The Afghanistan-Pakistan bilateral trade has dropped from USD 2.5 billion to USD 500 million a year as political tensions between the two neighboring nations intensify. The Sarhad Chamber of Commerce and Industry (SCCI) has called on the relevant government officials

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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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ADB commits over $5mn to support new strategy for CAREC

The Asian Development Bank (ADB) President Takehiko Nakao pledged more than USD 5mn to support new strategy for Central Asia Regional Economic Cooperation (CAREC). The announcement was made at the 16th CAREC Ministerial Conference held in Dushanbe, Tajikistan on Saturday.

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President Ghani bans Pakistan’s trucks from entering Afghan soil

Afghan President Mohammad Ashraf Ghani issued a decree on Sunday banning Pakistani trucks from entering Afghanistan. This comes as a retaliation to Pakistan’s constant stopping of Afghan trucks from entering its territory. According to Ministry of Transport, Pakistani trucks will

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Afghanistan to sign transport agreement with Central Asian States

The Afghan Ministry of Transport announced Saturday that an agreement was under consideration with the Central Asian States to resolve transport related issues on regional level. Addressing a press conference in Mazar-i-Sharif, Transport Ministry spokesperson Hekmatullah Qawanj said an agreement

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Kam Air to transport fresh fruit to India as per Ghani’s orders

President Mohammad Ashraf Ghani has stepped in to resolve the Afghan-India air cargo issues by ensuring that 120 tons of fresh fruit is transported to India every week. This comes weeks after long delays in air cargo that left tons

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Heart of Asia-Istanbul Process leaders praise Afghan-India freight corridor

Stakeholders attending the eighth meeting of the Regional Technical Group of Confidence Building Measure on Trade, Commerce and Investment Opportunities under the Heart of Asia-Istanbul Process praised the establishment of the India-Afghanistan air freight corridor on Tuesday. “With regard to

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Private, public sector meet to review progress in reconnecting Afghanistan to regional markets

Afghan government officials and private sector met in Kabul this week with representatives from the European Union and the International Trade Centre to take stock of progress on efforts to build Afghanistan’s capacities to participate in regional trade. The 31

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Afghan fruit traders protest against lack of access to international markets

A number of fruit traders in capital city of Kabul started a protest, complaining about lack of access to international markets. This comes as most of the fresh fruits this year went rotten at warehouses or fields due to lack

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Lapis Lazuli Corridor agreement to be inked in near future

Afghan Finance Minister Eklil Hakimi in his recent trip to Georgia discussed the Lapis Lazuli transit Corridor with officials from the four countries along the Corridor: Turkmenistan, Azerbaijan, Georgia and Turkey. According to reports, an agreement is set to be

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Afghan Finance Minister discusses economic ties with Georgia

Afghan Finance Minister Eklil Hakimi is visiting Georgia  on June 28-29 to confer on trade and economic ties  with the Georgian government and also meet with local business community. His first meeting is with his Georgian counterpart Dimitry Kumsishvili in

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Afghanistan’s second cargo flight to India takes off from Kandahar

Cargo plane filled with 40 tons of dried fruits and medical plants was sent from southern Kandahar province to India on Saturday. Addressing the inaugural ceremony, Kandahar Governor Zalmai Wesa said Afghanistan would transport grapes, pomegranates and other fresh fruits

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First Afghan-India air corridor flight to operate over the next 2 days

India’s Ministry of Foreign Affairs has confirmed that the first flight of the Afghanistan-India air corridor is likely to operate in the weekend or early next week. “The flight will take Indian products to Afghanistan and will bring Afghan products

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First India-Afghanistan air cargo scheduled for June 15

The India- Afghanistan air corridor project, which was an announced by President Ghani and Prime Minister Narendra Modi last year, enters implementation phase today. An agreement to that effect was signed between Nader Omar , CEO of Ariana Airlines, and

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Afghanistan, Tajikistan sign trade agreements

Tajikistan’s Transport Minister Khuodyorzada Khudoyor headed a ten-member delegation to attend the 6th Economic and Trade Cooperation meeting in Kabul this week. Khuoyor assured that his country was committed to providing better opportunities and improving transit of Afghan goods through

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Afghanistan, Saudi Arabia to sign trade agreement

Afghan Finance Minister Eklil Hakimi and Saudi Arabia’s Commerce Minister Majid Bin Al Qasabi met in Riyadh on Thursday to discuss a range of issues including the peace process, bilateral relations and projects funded by Saudi Arabia. According to a

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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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World Bank agrees to help build Peshawar-Kabul highway

The World Bank has agreed in principle to finance the Peshawar-Kabul highway which will help boost intra-regional trade. According to Pakistan’s Dawn website, Finance Minister Ishaq Dar met with senior officials of the World Bank group in Washington last week

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Afghan traders block trade at Sher Khan Port

Afghan traders have blocked trade at the Sher Khan Port in northern Kunduz province in protest against problems caused by neighboring Tajikistan. The demonstrators are upset over absence of a Tajik consulate in the province and claim that Tajikistan denies

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Pakistan yet to respond to Afghanistan’s APTICA meeting request

The Afghan Ministry of Commerce and Industries (MoCI) is still awaiting Pakistan’s response in regards to holding the seventh Afghanistan-Pakistan Transit Issue Contract Agreement (APTICA). “Suggestion is sent to Pakistan in order to hold the seventh meeting of APTICA. We

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