Business
Uzbek-Afghan Officials Sign Contract, 3 MoUs to Boost Economy
Uzbekistan officials on Monday have signed 3 memorandums of Understanding and one contract on selling of wheat, energy, and cooperation on refinery of oil, railway, Agriculture and gas with Afghan official in Kabul.
The Afghanistan President Special envoy in central Asia Affairs Shakar Kargar said, “Uzbekistan is ready to have multiple economic ties with Afghan Government, and soon one Afghan delegation will visit Uzbekistan, to sign several other contracts on boosting economy at the end of November 2016.”
The chairman of Uzbekistan National exporting department Erkin Yunisov said, “We should use the existed business opportunity for boosting of businesses, insisting that both countries should have chamber of commerce and industries in each other territory.”
Meanwhile officials in Afghanistan chamber of commerce and industry foresaid that if the business contracts to be signed, the level of mutual business between the two countries will increase up to $ 1 billion.
Chairman of chamber of commerce and industry Atiqullah Nasrat said, “In current condition Afghanistan and Uzbekistan are dealing on $ 350 million, insisting that it needs to be raised up to $ 1 billion by using the existed golden opportunities.”
Week ago, officials from Turkmenistan and Afghanistan witnessed the first phase of construction of railway from Aqina-Ankhoi district of Jawzjan province lengthened 58 kilo meter and funded by the Turkmenistan and Asian Development Bank.
Reported by: Aslam Hejaab
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.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
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.
-
World5 days ago
North Korea officials visit Iran in a rare public trip
-
Sport4 days ago
‘Serious talent’ Fraser-McGurk bonds with Warner to light up IPL
-
Latest News4 days ago
Over 1,000 Afghan refugees forced out of Pakistan in one day
-
Sport2 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