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4rd Joint Afghanistan- Iran Exhibition Held in Kabul

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(Last Updated On: October 24, 2022)

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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

 

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Acting commerce minister meets Russian deputy PM

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(Last Updated On: May 17, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, met with Russia’s Deputy Prime Minister Alexei Overchuk to discuss trade and investment, it was announced on Friday.

Sergey Pavlov, General Director of Russian Railways, and Dmitry Zverev, Deputy Minister of Transport of Russia, were also present in the meeting, the Ministry of Industry and Commerce said in a statement.

According to the statement, the two sides discussed increasing the volume of trade, preferential tariff for Afghan goods, Russian investment in mines and water dams in Afghanistan, and Afghanistan’s role in the International North–South Transport Corridor.

They also discussed about reducing the cost of transportation through the Russian railway, removing the export tax on basic materials, arranging the trip of the delegation to the ports of Astrakhan and Makhachkala, and holding a trade connectivity conference and an expo of Afghan products in Moscow.

Azizi met with the Russian deputy PM on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

He also met with representatives of a number of Tatarstan and Russia companies and encouraged them to invest in Afghanistan.

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Azizi meets with head of Tatarstan on sidelines of Kazan Forum

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(Last Updated On: May 16, 2024)

The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.

According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.

This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.

The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.

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Afghanistan’s imports and exports totaled $10.3 billion last year

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(Last Updated On: May 15, 2024)

The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.

According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.

Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.

Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.

Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.

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