Business
4rd Joint Afghanistan- Iran Exhibition Held in Kabul
The 4rd joint Afghanistan-Iran exhibition was held in Kabul where dozens industrial factories from both countries have exhibited their products, Minister of Economy who has inaugurated the ceremony stated that more efforts should be launched for growing mutual ties between Iran and Afghanistan.
Meanwhile Iran Ambassador to Afghanistan has declared that holding of exhibitions will strengthen the business ties between the two countries.
Minister of Economy Abdul Satar Murad said,” We need to think about our future, now Iran has taken the Pakistan’s position in providing products in Afghanistan, the business ties between the two countries reaches up to $1,8 billion dollar annually, therefore we do need the Iran cooperation to grow the mutual business.”
The Iran President Advisor on Economy affairs declared Afghanistan is best platform for investing and launching business, demanding businessmen from both countries to work together.
“ Most of the Afghan workers are busy working in Iran factories, Afghanistan has got enormous water sources, therefore Afghanistan should be a good producer in the region, Afghans should working in industrial and investing sectors rather than doing business Iran President advisor on Economy affairs Akhtar Tarkan said,”
Iran Ambassador to Afghanistan Mohammad Reza Bahrami said,” Exhibitions can grow the business ties among the two countries, Opening of Chabahar and establishing of joint Railway indicates the growing of business between Afghanistan- Iran.”
Meanwhile Afghan businessmen demanding Iran to provide more facilities while doing business.
Deputy of the Chamber of Commerce and Industry Mohammad Unus Mohmand said,” We demanded the Iran President advisor on economy affairs remove some of the sanctions on Afghan products.”
“ I m so keen to see the Afghanistan holding such exhibition for its own products economy expert Azarakhsh Hafizi said,”
The following exhibition will last for three days.
Reported by Aslam Hejaab
Business
Turkmenistan makes ‘significant progress’ on TAPI pipeline project
Turkmenistan has made “significant progress” on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, said TAPI Pipeline Company Limited CEO Muhammetmyrat Amanov.
“Turkmenistan is making significant progress on the TAPI natural gas pipeline, which will supply 33 billion cubic meters to South Asia annually,” he said.
Speaking at the Turkmen Energy Investment Forum (TEIF 2024) currently being held in Paris, Amanov highlighted that Turkmenistan’s section of the pipeline had been completed and ongoing discussions to advance the project beyond Turkmenistan were in strict alignment with the international standards.
He said the project envisaged environmental sustainability by leveraging natural gas to reduce emissions significantly compared to coal and oil, thereby tackling indoor pollution and enhancing regional air quality.
“In light of the ongoing project developments, Turkmenistan remains committed to upholding the international law, fulfilling its obligations and adhering to international norms and regulations,” he said.
This approach reaffirms Turkmenistan’s dedication to global cooperation and legal integrity in executing the TAPI project.
Looking ahead, the project’s focus is shifting to the Herat Offtake Strategy in Afghanistan, which will play a critical role in environmental protection by reducing air pollution, while also contributing to maintaining public safety, he said.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.
The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.
According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.
According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.
Business
Afghanistan starts exporting via railway to Turkey
The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.
In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”
The ministry added that one train will run daily for a month and then two trains will run daily.
According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.
Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.
As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.
This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.
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