Business
Salama brings prosperity for both Nations: experts
Salama dam has been inaugurated by both Afghanistan President Mohammad Ashraf Ghani and India Primes Minister Narendra Modi early Saturday morning at Chast district of Herat province, amid tight security and great preparation have been taken by the local officials in Herat.
India Government has spent $270 million on the following joint India-Afghanistan friendship dam called Salama, which produces 42 ,mega watt electricity and waters about 72,000 acres of lands in Herat province, this is the biggest project of India launched in Afghanistan.
Afghan experts believed that the following project will be Nationwide if more attention of Afghan Government is drawn.
US goodwill Ambassador Farhad Darya said,” Today Harerot review is overflowing from happiness, and it’s a shame for those who have been preventing Afghan Nation to reach to their prosperity.”
Political expert Ahmad Saiedi said,” Despite of the following dam boosts economy, it was also approved that India has brought us lights, but Pakistan has always tried to keep Afghanistan in dark side, this issue should be understand by the Afghan Nation.”
Salama dam foundation was put 40 years ago but proxy war in Afghanistan and interfering of neighboring countries have prevented Afghanistan to reach to its prosperity.
“ if there is possibility the following dam capacity will be raised and it will turn into a Nationwide project for Afghan Nation former Minister of Commerce and industry Mohammad Amin Farhang said.”
Despite of the following biggest project launched by Indian Government, they have also built Afghanistan parliament building and spent $220 million in west of Kabul city.
Reported by Nusrat Parsa
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.
-
Latest News5 days ago
Over 1,000 Afghan refugees forced out of Pakistan in one day
-
Sport3 days ago
Afghanistan beat Iraq 5-3, inch closer to Futsal World Cup berth
-
Regional3 days ago
New UK sanctions target Iranian drone industry
-
Regional4 days ago
Turkey accuses U.S. of double standards over Gaza in rights report
-
Latest News3 days ago
EU allocates 17 million euros to support Afghans on the move
-
Latest News2 days ago
Pakistan extends registered Afghan refugees’ stay till June 30
-
World4 days ago
US student protests over Gaza intensify despite arrests
-
Regional2 days ago
China to host Hamas, Fatah for Palestinian unity talks