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Mumbai Trade Mission Nets $123 Million in Contracts for Afghan Agriculture Exporters

Exporters of Afghanistan’s finest fruits, nuts, spices, honey, and juices left a Mumbai trade event this week with contracts worth more than $123 million from buyers in India, one of the most lucrative trade events for Afghan agriculture exporters in

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Afghan Traders Sign Deals Worth $75mn in Mumbai Exhibition

Afghan traders concluded contracts and commitments worth $75 million in a two-day agricultural expo held in Mumbai, India. Afghan traders obtained a contract worth $30 million on the first day of the exhibition, and the figure raised to $75 million

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Afghanistan Inaugurates Kabul-Sharjah Air Corridor

Afghanistan inaugurated its latest air corridor, the Kabul-Sharjah air corridor, in a bid to further Afghanistan’s exports. According to the Afghan Ministry of Industry and Commerce, the first flight carried two tons of fresh apricots to the Sharjah City of

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Third Private Bank Goes Bankrupt in Afghanistan

Afghanistan Commercial Bank (ACB) becomes the third private bank to go bankrupt in the past one decade. Originally operating under the name of BRAC Bank, ACB went bankrupt last year due to major violations in its banking system. The BRAC

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First Consignment of Afghan Products Arrives in Azerbaijan Through Turkmenistan

The first consignment of Afghan products, including 115MTs of marble, successfully reached Azerbaijan today through Turkmenistan.  This new route opens Azerbaijan’s markets for Afghan products and boosts trade cooperation between the two countries. The inauguration was attended by officials from

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Pakistan Promises To Reopen Airspace for Afghanistan-India Flights In 3 Days

Afghanistan Civil Aviation Authority (ACAA) said that Pakistan has promised to re-open its airspace for Afghanistan-India flights on June 14. Pakistan closed its airspace in February after India launched air strikes on militant bases across the border in Pakistan in

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Forex Traders Stage Protest in Kabul

Forex traders gathered in front of a local forex trading firm in Kabul protesting against the scam reports that have recently surfaced online. The protestors claimed that Albashir Exchange & MSP was a local forex trading firm in Kabul that

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The Impact Of Illegal Drugs In Afghanistan On Political Settlement

The result of a study conducted by the Afghanistan Research and Evaluation Unit (AREU) with the financial support of the European Union indicates that ongoing debates on the peace and reconciliation process have largely ignored the production of illegal drugs

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Pakistani Currency Could Drop To 200 A Dollar By 2020

Pakistani Currency Could Drop To 200 A Dollar By 2020 Pakistani currency continues to lose its value in the international market, dropping more than 5% in May and standing at 150 per dollar. According to Bloomberg, the rupee hit its

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