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Chinese Products to Replace Afghan Domestic Goods: Traders

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(Last Updated On: October 24, 2022)

8Scores of Afghan traders were invited by the Chinese Government for booming mutual economy and business ties between the two countries, officials in chamber of commerce and industry have declared the objective of the visit growing business, amid concerns are in rise that the Chinese products will replace the few Afghan domestic goods in the markets the businessmen urged.

The traders have expressed their concerns and warned the Government for not launching serious monitoring to evaluate the International and domestic products, saying the Chinese products will replace the internal goods which are being produced here in Afghanistan.

Meanwhile officials in Ministry of Chamber of Commerce and Industry have stated that a program is underway to support the domestic products in Afghanistan.

Chamber of Commerce and Industry Spokesman Saim Persalay said,” about 50 Afghan traders have been invited to China and the aim of the visit is to boom the economy and strengthen the business ties of both countries, China investors are too keen to invest in Afghanistan.”

Economy experts have expressed concerns over getting too close to Chinese products, saying that move should be precisely done in order not to damage the domestic products.

Pro, Sayed Masoud said,” We are so happy seeing the China rail coming to our country, but still unaware of the further economy outcomes, Officials in Ministry of commerce and industry should precisely launch measurements and take care of the internal products, I m really concerned over this issue.”

Officials in Ministry of commerce and industry have evaluated the visits of the Afghan businessmen from China saying despite of concerns we have still a program underway to support the internal products.

Deputy Minister of commerce and industry Mohammad Qurban Haqjo said,” We are concerned over the domestic products, we wanted to boost the economy by using the railway to transit precious stones, and draw more investments on mining sectors.”

Economy experts insisted that Afghanistan domestic products in dealing with International goods shouldn’t be damaged, demanding the officials in Ministry of commerce and industry to monitor the following issue.

Reported by Aslam Hejaab

 

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Azizi calls on Malaysian investors to invest in Afghanistan

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(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.

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Afghanistan starts exporting via railway to Turkey

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(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.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(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.

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