Tag "Afghanistan Trade"
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Afghan-Czech Business & Investment Forum Kicks Off in Prague
The three-day Afghan-Czech Business and Investment Forum officially kicked off on Monday in Prague, Czech Republic. The forum is initiated by the Afghan Embassy and organized by the Czech-Afghan Chamber of Commerce. Addressing the forum, deputy prime minister of the
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Afghanistan’s Exports Down by 21%
Afghanistan’s exports dropped from USD 1 billion in Fiscal Year 1398 to USD 776 million in Fiscal Year 1399, according to figures from the Afghanistan Chamber of Commerce and Investment (ACCI). The figures indicate an over 21% drop caused by
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Pakistan’s First Shipment Arrived in Tajikistan Through Ghulam Khan Port
Pakistan’s first shipment has arrived in Tajikistan through Ghulam Khan Port in Khost province, according to a statement from Afghan Ministry of Commerce and Industries. The statements adds that the shipment, containing 30 tonnes of vegetables, was transited through Ghulam
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Businesses Suffer Millions of Dollars in Losses Due to Closure of Roads in Balkh
Road blockage in northern Balkh province since the past 20 days has inflicted millions of dollars in losses on businessmen. The roads to the ports in northern Afghanistan have been blocked by transport companies protesting the newly introduced custom tariff.
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Afghanistan, Pakistan, Uzbekistan Approve Roadmap for Key Railway Line
Afghanistan, Pakistan and Uzbeksitan have approved a roadmap for the Mazar-e-Sharif-Kabul-Peshawar railway line on Tuesday in Tashkent, Uzbekistan. The Afghan delegation in the landmark event for signing of the roadmap was led by Foreign Minister Haneef Atmar. In his tweet
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Afghanistan Achieves Self-Sufficiency in Production of 56 Types of Goods
The Ministry of Industry and Commerce has announced that the level of domestic production has increased in the country this solar year, despite the restrictions caused by COVID-19. Afghanistan is now able to produce 56 out of 100 essential consumer
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Pakistan Refuses Access to India Through Wagah Border
Afghanistan and Pakistan are expected to ink the fresh Afghan Transit Trade (ATT) agreement and the Preferential Trade Agreement (PTA) by the end of January 2021. However, Islamabad has refused to allow access to India through Wagah border. “We hope
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Afghanistan and Iran Officially Inaugurate Khaf-Herat Railway
Afghan President Mohammad Ashraf Ghani and his Iranian counterpart Hassan Rouhani virually inaugurated the Khaf-Herat railway on Thursday. The 220-km railway, connecting the Afghan city of Herat to Mashhad in Iran and on to Turkey, is described as the vein
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Report: How Nimroz Moved into Afghanistan’s Primary International Trade Hub?
The Afghanistan Research and Evaluation Unit (AREU) reveals how Nimroz, one of Afghanistan’s under-researched provinces, has transformed into one of Afghanistan’s primary hubs for international trade in its recent working papers, “Catapults, Pickups and Tankers: Cross Border Production and Trade
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Afghanistan, Turkmenistan, & Azerbaijan To Form a Joint Committee To Expand Trade
The leaders of Afghanistan, Turkmenistan and Azerbaijan held a virtual tripartite meeting on Thursday to discuss trade cooperation. Proposed by Azerbaijani President Ilham Aliyev, the joint committee will work on regional connectivity, railway development, fiber optics, and transportation and will
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Over 9000 Tons of Food Supplies Imported to Afghanistan Through Railroads
The Afghan government announced on Tuesday that 9,014 tons of food supplies have been imported to the country via railroads. This comes as coronavirus sends food prices soaring in major cities in Afghanistan. According to statement from the railroads
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Central Asian Nations Adopt Ashgabat Initiative To Reduce Trade Barriers
The Central Asian nations of Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan adopted the Ashgabat Initiative on the reduction of barriers to trade and transport in the region. The adoption of the initiative was part of the Days of
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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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Afghanistan To Build Foreign Goods Smuggling Prevention Centers
The Afghan government plans to build five centers for the prevention of smuggling of foreign goods. President Mohammad Ashraf Ghani made this announcement at an Iftar dinner held for Afghan industrialists to share the problems they are facing. “I request
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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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