Business
Joint economic commission planned between Afghanistan and Iran
Afghanistan’s acting Foreign Minister Haneef Atmar said Sunday he held a “valuable” virtual meeting with Iran’s Minister of Energy Reza Ardakanian on a number of issues including that of permanent transmission of electricity to Afghanistan.
Atmar said they also discussed holding a joint economic commission, opening the Khaf-Herat railway line, setting preferential tariffs on importing electricity, custom tariffs, and expanding trade.
“We are committed to strengthening relations and expanding cooperation with our friendly and brotherly country Iran,” Atmar tweeted.
Iran’s Mehr news agency said the Iranian energy minister emphasized his country’s support for cooperation with Afghanistan, especially in the field of energy production and transmission.
Last month, a delegation from the Iranian ministry of energy traveled to Afghanistan to strengthen relations and discuss joint ventures in the electricity sector.
Afghanistan currently imports electricity from neighboring Iran, Turkmenistan, Uzbekistan and Tajikistan.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
-
Latest News5 days agoDeadly violence likely without dialogue between Afghanistan and Pakistan: ICG
-
Latest News4 days agoPakistan seeks Russian mediation to resolve Afghanistan tensions
-
International Sports5 days agoFIFA World Cup 2026: Play-Off Tournament takes centre stage
-
Sport5 days agoAfghanistan secures third place at 2026 World Kokpar Championship
-
Business5 days agoAfghani strengthens nearly 10% against US dollar amid banking sector reforms
-
Latest News4 days agoWorld must re-engage to prevent all-out Afghanistan-Pakistan war: Financial Times
-
Sport3 days agoAfghanistan squad hit by withdrawals ahead of AFC Asian Cup Qualifiers
-
Latest News3 days agoAround 2.3 million tourists visited Afghanistan’s recreational areas during Eid: Ghufran
