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$8 billion to be invested this year for development of economic infrastructure: MoIC

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The Ministry of Industry and Commerce (MoIC) officials say this year they have taken measures to develop economic infrastructure in order to provide an investment field worth $8 billion US dollars in agriculture, mining and processing sectors.

According to MoIC officials, if this investment takes place, a great change will take place in the country’s economic development.

“Eight billion dollars will be invested this year and the practical works of many projects have started,” said Akhundzada Abdul Salam Jawad, a spokesman for the MoIC.

“We hope that our business process and our investment process this year will be much better compared to last year.”

Khanjan Alkozi, a member of Chamber of Commerce and Investment (ACCI) has welcomed the implementation of development and infrastructure projects this year by commerce ministry,

“Implementation of projects for the Afghan economy is a positive step, if these projects are implemented, fundamental and effective changes will be made in the unemployment sector and the growth of the Afghan economy,” said Alkozi.

Economic experts have also said that when the commerce ministry is able to provide an investment of eight billion dollars, it will be considered an important economic development in the country.

Earlier, MoIC had said that it would convert the former military base of foreign forces into economic zones, but so far no practical steps have been taken in this regard.

A number of traders meanwhile say that large investments should be made in the country in order to strengthen the Afghan economy more quickly.

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Afghanistan and Iran discuss boosting trade and investment ties

Both sides agreed to follow up on the issues raised, improve coordination between relevant economic institutions and work towards removing barriers to trade.

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Afghanistan and Iran have held talks on expanding bilateral trade, improving cross-border commerce and creating new investment opportunities for businesses in both countries.

The discussions took place during a meeting between a trade delegation from Afghanistan’s Kandahar province and representatives of the Iran-Afghanistan Joint Chamber of Commerce.

The Afghan delegation was led by Kamaluddin Tawhid, Chairman of the Afghanistan-Iran Joint Chamber of Commerce, who met with his Iranian counterpart, Mahmoud Seyadat, along with members of the chamber’s board of directors. Afghanistan’s Consul General in Mashhad, Noor Mohammad Mutawakkil, also attended.

The talks focused on strengthening economic cooperation, streamlining trade procedures at ports and border crossings, and encouraging joint investment by Afghan and Iranian companies.

Participants also raised several practical obstacles affecting commercial activities, including foreign exchange obligations, visa arrangements for Afghan truck drivers and the movement of Afghan freight vehicles through Iranian territory.

Tawhid highlighted Kandahar’s economic potential and investment opportunities across Afghanistan, urging Iranian businesses to play a greater role in the country’s economy.

He also pointed to investment opportunities identified by Afghanistan’s Ministry of Industry and Commerce, stressing the need for improved facilities for private-sector businesses and closer cooperation between the two countries’ commercial communities.

Both sides agreed to follow up on the issues raised, improve coordination between relevant economic institutions and work towards removing barriers to trade.

The meeting concluded with a commitment to strengthen commercial exchanges and expand trade and investment relations between Afghanistan and Iran.

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UK-Afghanistan trade falls 16.7% to £70 million over 12 months

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Trade in goods and services between the United Kingdom and Afghanistan declined by 16.7 percent to £70 million in the 12 months to the end of June 2026, according to the latest figures published by the UK Department for Business and Trade.

The department’s trade and investment factsheet, released on November 6, shows that bilateral trade fell by £14 million compared with the same period a year earlier.

UK exports to Afghanistan totalled £57 million, down 18.6 percent or £13 million, while imports from Afghanistan stood at £13 million, representing a 7.1 percent decline.

The figures show that goods accounted for £32 million, or 45.7 percent, of total trade, while services made up the remaining £38 million, or 54.3 percent.

UK exports to Afghanistan included beverages, pharmaceutical products, dairy products, road vehicles and industrial machinery.

Vegetables and fruit were the leading Afghan goods exports to the UK, worth £1.7 million. Clothing and textile fabrics were also among the main products exported.

The report ranks Afghanistan as the UK’s 166th-largest trading partner, accounting for less than 0.1 percent of the UK’s total trade during the period.

 
 

 

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Afghanistan and Russia discuss expanding trade and investment ties

Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors.

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Afghanistan and Russia have discussed ways to strengthen bilateral trade, expand private-sector cooperation and attract new investment during a meeting in Kabul.

Inayatullah Sediqzi, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI) for Services, met with Russian Ambassador to Afghanistan Dmitry Zhirnov on the sidelines of an event marking Russia’s National Unity Day on Wednesday, November 4.

The event was hosted by the Russian Embassy in Kabul.

According to a statement from the ACCI, discussions focused on boosting economic relations, increasing bilateral trade and creating greater opportunities for businesspeople and investors from both countries.

Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors, exploring new areas of economic partnership and establishing stronger direct links between their respective business communities.

The discussions reflect Afghanistan’s continued efforts to expand economic engagement with regional and international partners, with increased trade, private-sector development and foreign investment remaining key priorities.

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