Business

ACCI Praises NUG’s Efforts in Economic Sector in Past 2 Years

Published

8 years ago

September 29, 2016

(Last Updated On: October 24, 2022)

Afghanistan Chamber of Commerce and Industry (ACCI) has praised the performances of National Unity Government (NUG) during its two years governance.

Officials in ACCI believe that they succeed to start long-term economic programs with the existence challenges.

Confirming the existence of problems, ACCI is satisfied with the government’s performance in economic sector.

According to officials, the government has implemented many projects such as; TAPI, CASA 1000 and Chabahar port projects.

ACCI considers these projects the greatest achievements of National Unity Government in the region and the world.

“The government was partly busy in internal problems but did considerable works in economic sector,” said Sayamuddin Pesarlay, spokesman of ACCI.

But, analysts consider the government has had many failures in its two years governance.

“The projects are all from the previous government not in this time. There is no economic movement by the government that we can remember it,” said Sayeed Masoud, teacher at university.

Fawzia Kofi, member of parliament has also not satisfied from government economic performance.

“The economic projects are still not implemented by the government, most of the projects are from the previous government,” said Fawzia Kofi.

The National Unity Government (NUG) of Afghanistan, which was formed in September 2014, has continued to build on Afghans’ numerous hard-earned gains since the fall of the Taliban in 2001.

Even as they have grappled with the many challenges they inherited due to a destabilizing military transition process that ended in 2014, President Ashraf Ghani and Chief Executive Abdullah Abdullah have worked hard to implement a comprehensive reforms agenda, which aims at achieving self-reliance.

In doing so, their shared vision is to “build a productive and broad-based economy that creates jobs; put an end to corruption, criminality and violence; and establish the rule of law.”

Business

Azizi calls on Malaysian investors to invest in Afghanistan

Published

4 days ago

April 24, 2024

Ariana News

(Last Updated On: April 24, 2024)

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

Published

5 days ago

April 22, 2024

Ariana News

(Last Updated On: April 22, 2024)

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.

Business

Afghanistan, Kazakhstan to hold joint expo in Kabul

Published

6 days ago

April 21, 2024

Ariana News

(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.