Business
China Seeks Expansion of CPEC Projects to Afghanistan
China seeks to expand CPEC (China-Pakistan Economic Corridor) projects to Afghanistan.
China-Pakistan Economic Corridor is a framework of regional connectivity and it will not only benefit China and Pakistan but will have positive impact on South Asian countries including Afghanistan.
Afghan Commerce and Industries Ministry welcomes the China’s move to include Afghanistan in CPEC.
“One of the priority plans for Afghanistan is to become a transit country in the region. We want to have good relations with all countries in the region, the more we get connected with regional nations the more it will benefit our economy and trade,” said Commerce and Industries Ministry spokesman, Musafer Qoqandi.
CPEC is collection of infrastructure projects and it valued about $46 billion that will connect Asian countries to Europe in the long term. Its initial works began in 2013 in Gwadar Port by Pakistan.
“A country will not take steps forward for [expansion of a project] as long as it is not beneficial; Afghanistan’s mines are in the interest of China. Afghanistan is rich in terms of mineral resources and that could be a positive thing in this project that connects Afghanistan with China,” said the head of Afghanistan Chamber of Commerce and Industries (ACCI), Abdul Qadir Bahman.
This comes as China is implementing “One belt One Road project in Afghanistan, beside accepting the membership of the country in Asian Infrastructure Investment Bank (AIIB).
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.
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