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Afghanistan exports through Karachi port down by 40%

According to the Afghanistan Chamber of Commerce and Industries (ACCI) officials, Afghanistan’s exports through Karachi port have declined by 40%. The officials have cited the political tensions between the two nations as the main reason behind the decline in exports

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Afghan government committed to improving local products

Afghan traders informed President Ashraf Ghani of the increase in exports of dry and fresh fruits from Afghanistan. President Ghani said the boost in exports of Afghan products was a victory for Afghan traders and the country. According to the

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Afghanistan agrees to terms for WTO membership

Eleven years after it first applied for membership, Afghanistan agreed to terms for joining the World Trade Organization (WTO) with the trade body’s existing 161 members on Wednesday, 12 November. Afghanistan’s accession will be officially approved at a meeting in Nairobi,

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Afghan government to focus on economic issues this coming winter

Addressing a group of Afghan investors and traders on Tuesday, President Mohammad Ashraf Ghani said this winter the Afghan government’s main focus would be on the economic issues of the country. President Ghani stressed that his administration’s economic goal is

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Iran, India in talks to lower gas rate supply at Chabahar port

India is currently negotiating the rate of natural gas supply at Chabahar port with Iran. Iran has offered a rate of USD 2.95 per mmBtu for a urea plant being set up by India at Chabahar port, while India wants

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Sales of Afghan products rise after boycott of Pakistani products

Afghans reacted to the recent string of attacks on Kabul city by boycotting Pakistani products. The campaign against Pakistani products started on social media where Pakistan was accused of the recent attacks on Afghan soil and posts calling for boycotting

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Benefits of Afghanistan’s Accession to the World Trade Organization

By: Waliullah Zadran Afghanistan a least-developed country and landlocked economy is yet to become Member of the World Trade Organization (“WTO”). Afghanistan has currently Observer Status and will be granted membership after the final working party report is adopted and

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USAID’s role in economic development of Afghanistan

Afghanistan continues to face economic hurdles, as it remains one of the world’s poorest countries. Insecurity and corruption threaten efforts to establish an inclusive, growing, and self-sustaining economy that attracts investment, promotes trade and creates jobs. The United States Agency

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Afghanistan pushes for inclusion of India in PATTTA

The Afghan government demanded Pakistan’s Commerce Minister Khurram Dastgir during his recent visit to Kabul the inclusion of India in the Pakistan-Afghanistan-Tajikistan Transit Trade Agreement (APTTA). Khan Jan Alokozay, Deputy Chief of the Afghanistan Chamber of Commerce and Industries (ACCI),

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MoUs signed to facilitate Afghanistan’s trade

A number of Memorandum of Understandings (MoU) have been signed between the Export Promotion Agency of Afghanistan (EPAA), Afghanistan International Bank (AIB) and Afghan Rural Finance Company (ARFC) to facilitate trade and businesses in Afghanistan. The MoUs will enhance Afghan

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ESCAP holds conference on improving Afghanistan’s trade ties with Central Asian countries

A crucial regional economic conference was held in the city of Almaty in Kazakhstan to confer on Afghanistan economic and trade ties with other Central Asian countries. Organized by the United Nation’s Economic and Social Commission for Asia and the

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UN-ESCAP working for Afghanistan’s development and sustainability

The United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP), which is the UN’s regional development arm, is working on programs aimed at integrating Afghanistan with global economy. The programs will help landlocked Afghanistan to overcome their

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Afghanistan, Pakistan agree to strengthen economic ties

Afghanistan and Pakistan officials have once again agreed to strengthen economic and bilateral ties, this time on a new set of plans. An Afghan delegation, led by the Acting Minister of Commerce and Industries, met with Pakistan’s government officials and

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Afghanistan, Pakistan to address trade and transit issues

Representatives from the Afghan government and Afghan private sector will be heading to Pakistan to address trade and transit issues that are impeding Afghan business activities. The trip was planned over a month ago by President Ashraf Ghani during his

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Iran-China railway to pass through six provinces of Afghanistan

Efforts are underway to establish the railway connecting China, Kyrgyzstan, Tajikistan, Afghanistan and Iran. Officials of the concerned countries promised commitment in a meeting in Doshanbe, Tajikistan to make the project a success. As part of the agreement, the five

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Afghanistan chosen as connector between Asia and Europe

The United Nations Economic and Social Commission and the European Union plan to undertake a major infrastructure project that involves construction of roads and railways through Afghanistan. The project is aimed at connecting East Asia with Eastern Europe. Owed to

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Afghanistan to ink agreement on Azure Transit Road soon

Ministry of Commerce and Industries announced Sunday that Afghanistan will soon sign agreement with countries situated along the Azure Transit Road, including Turkmenistan and Turkey. As per the agreement, the route will give Afghanistan route access to Europe through Turkmenistan,

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Afghanistan’s WTO membership in line

The World Trade Organization (WTO), consisting of 160 members, is in discussions with 10 countries to become members, including Kazakhstan and Afghanistan. According to WTO Director General Roberto Azevedo, Kazakhstan’s accession negotiation is on the brink of conclusion. He added

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Afghanistan, Pakistan, Tajikistan to ink transit trade agreement

The trilateral transit trade agreement would be inked soon among Afghanistan, Pakistan and Tajikistan. The agreement forms part of the Afghanistan-Pakistan-Transit Trade Agreement (APTTA). APTTA was signed between Pakistan and Afghanistan in 2010, based on which Afghan traders can export

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Afghan, Tajik trade turnover 59.6% lower than last year

Tajikistan’s Minister of Economic Development and Trade Sharif Rahimzoda and Afghanistan’s Minister of Commerce Mohammad Shakir Kargar exchanged perspectives on the development of economic cooperation between the two nations at a meeting in Dushanbe, Tajikistan. This comes as the trade

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Afghanistan, India and Iran to sign trilateral agreement on transit of goods next month

Afghanistan will soon be able to reach out to India through Chabahar port in southern Iran. An agreement to that effected is due to be signed among Kabul, New Delhi and Tehran in May of this year. “The draft of

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Afghan economic experts identify challenges facing the private sector

A day-long national conference was held in Kabul by the Afghanistan Chamber of Commerce and Industry (ACCI) to evaluate challenges facing the private sector. The challenges outlined would be then presented to the presidential candidates to incorporate them in their

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Pakistan, Turkey, Afghanistan Chambers meet in Istanbul

The heads of the national chambers of Pakistan, Turkey and Afghanistan met in Istanbul to discuss further enhancement of economic cooperation among the three countries and integration of their economies. A joint declaration issued at the end of the forum

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EU signs WTO accession deal with Afghanistan

Afghanistan and the European Union (EU) signed an agreement concluding their bilateral negotiations on Afghanistan’s accession to the World Trade Organization (WTO) in Geneva. The bilateral deal – signed by EU Ambassador Angelos Pangratis and Afghanistan’s Deputy Minister for Trade

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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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