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Afghanistan’s complaint over Torkham closure to be assessed by WTO

Afghanistan is  receiving support from the World Trade Organization over the closure of the border crossing by Pakistan. According to the Afghan Ministry of Commerce and Industry (MoCI), a WTO commission will assess Afghanistan’s complaint over the sealing of the

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President Ghani should review his decision of merging AISA: Afghan Senate

The Meshrano Jirga, the Afghan Senate, demanded President Ashraf Ghani to review his decision of merging the Afghanistan Investment Support Agency (AISA) into the Ministry of Commerce and Industry (MoCI). Praising AISA’s leadership for its efforts in attracting investment, lawmaker

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Afghanistan wins AIM 2016 Investment Award

The Annual Investment Meeting (AIM) recognizes the top investment support agencies from across the globe after observing their strategies, programs and achievements in attracting investment in their countries. This year’s ceremony was held at the Dubai World Trade Center from

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AISA highlights challenges facing the private sector

The Afghanistan Investment Support Agency (AISA) head, Mohammad Qurban Haqjo, highlighted the major issues facing the private sector and called on the government to draft comprehensive economic policies in cooperation with private sector. Addressing a press conference in Kabul on

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USD 2 million allocated for development of Herat industrial park

The Afghanistan Investment Support Agency (AISA) has announced to allocate USD 2 million for development of Herat’s industrial park. The announcement was made by AISA chief Mohammad Qurban Haqjo during his visit to the industrial park along with local officials

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Afghan private sector invests $105mn in 19 factories

Mohammad Qurban Haqjo, head of the Afghanistan Investment Support Agency (AISA), and Hazrat Omar Zakhilwal, senior advisor on economic officials to President Ghani, inaugurated the construction of 19 new industrial factories in capital Kabul on Tuesday. The new factories are

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SMEs can be a catalyst for Afghanistan’s economic growth

The Afghanistan Investment Support Agency (AISA) chief Mohammad Qurban Haqjo said on Wednesday that promoting small and medium enterprises (SMEs) can be a catalyst for economic growth of Afghanistan. Addressing a conference on SMEs at Karwan University in Kabul on

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Talk less and act more: AISA Chief calls on the Afghan government

The Afghanistan Investment Support Agency (AISA) and the Kabul Green Expo organized the first International Construction and Food Expo from 25-28 August in Kabul. Speaking on the occasion, AISA Chief Mohammad Qurban Haqjo slammed the National Unity Government (NUG) for

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Investment in Afghanistan slumps by USD 120mn this year

The Afghanistan Investment Support Agency (AISA) reported on Sunday that investment in the country during the first two quarters of 2015 stands at USD 270mn, marking a decline of USD 120mn from last year’s corresponding period. AISA Chief Mohammad Qurban

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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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Trust fund for Afghan football team established in Kabul

Speaking at an event on the appreciation of the Afghan national football team, Afghan Finance Minister Dr. Hazrat Omar Zakhilwal regarded national unity and solidarity important for the country’s development and on behalf of the government called on local businessmen

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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 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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Sanctions on Iran will not affect trade ties between Iran and Afghanistan-ACCI

The Afghan Chamber of Commerce and Industries assured that the economic sanctions imposed on Iran would not have any adverse effects on the trade relations between Afghanistan and Iran. This comment comes after Chabahar Port project has been put forward

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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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Nationwide protest to follow if octroi is not abolished-ACCI

The Afghan Chamber of Commerce and Industries warned nationwide protests would spark, if the government did not remove octroi. Octroi is a tax levied on various goods entering a town or city. The Cabinet recently decided to collect taxes from

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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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Nangahar governor collecting illegal fines from local traders

Officials of the Afghan Chamber of Commerce and Industries (ACCI) accuse authorities in Nangarhar province for collecting illegal money from traders. Head of the ACCI, Mohammad Qurban Haqjo, said the money that Nangarhar authorities obtain from traders for the “reconstruction”

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Research on the problems faced by Afghan traders

The research center of the Afghanistan Chamber Commerce and Industries (ACCI) has begun their survey on the problems faced by the Afghan traders. Mohammad Qurban Haqjo, Head of the ACCI, said the survey focuses on the economic situation, problems and

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Further efforts to strengthen domestic sources- ACCI

As concerns about Afghanistan’s economic situation after 2014 are rising, Afghanistan Chamber of Commerce and Industries (ACCI) emphasize on boosting domestic sources of the country. Speaking at a press conference in Kabul on Wednesday, Head of the ACCI Mohammad Qurban

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President Karzai Assigns a High Council to Monitor Economic Growth

President Hamid Karzai has set up a High Economic Council, led by the president himself, to boost the country’s economy. The Council would include three representatives from the private sector, university scholars and the Cabinet. Minister of Commerce and Industries

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