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7 businessmen killed, 40 threatened since 2 months: ACCI

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(Last Updated On: October 25, 2022)

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Officials in the Afghan Chamber of Commerce and Industry have stated that 7 Afghan businessmen were killed in different provinces of Afghanistan, and 40 others were threatened to death in the past two months.

They have expressed their concerns over the insecurity for the businessmen and also fear stances on losing investments within the country.

Meanwhile officials in Ministry of Interior Affairs have urged that efforts are underway to ensure security for the safety of businessmen and investors in Afghanistan.

Based on the information leaked by the officials from the chamber of commerce industry 2 businessmen were killed in Kabul city, 2 in Nangarhar and 3 others in Herat Provinces in past 2 months.

Chamber of commerce and industry Spokesman Saim Persarlai said,” in past two months we have lost 7 businessmen and about 40 others were threatened to death or they will be kidnapped.”

He went on and urged that some figures within the Afghan Government do support kidnappers since they are arrested, they will be released back without the law is implemented.

Ministry of Interior Affairs Spokesman Sediq Sediqee said,” Minister of Interior Affairs have ordered all the police forces specially the crime investigation team to ensure security and safety for the businessmen and their properties, their businesses will bring changes within the economy of the Nation.”

At the end the officials in chamber of commerce and industry have warned if the security is not ensured for the businessmen we will lose scores of the businessmen soon and it will badly impact over the economy of Afghanistan.

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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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