Business
Saffron producers appeal for global exports to resume
Afghanistan’s Saffron Producers Union on Saturday called on the Islamic Emirate of Afghanistan (IEA) to help restart the saffron production and export sector, which came to a grinding halt due to the coronavirus pandemic and the change in government.
Officials from the union said that unless something is done to restart business, the saffron industry could collapse.
They said that now, without commercial cargo flights into Afghanistan, their international market flow has dried up.
“We had products, but stopped because of COVID-19. Our products and exports have been stopped. If there is no [export] corridor for us saffron production will be stopped,” said Abdul Basir Azimi, an exporter of saffron.
Officials of the Chamber of Agriculture and Livestock meanwhile called on the Islamic Emirate of Afghanistan (IEA) to find a market for domestic products.
“Our saffron was ranked number one in the world several times, but now faces problems. Export environment should be provided for saffron,” said Mirwais Hajizada, deputy head of the chamber.
Economic analysts meanwhile urged the Ministry of Agriculture, Irrigation and Livestock (MAIL)
to support the export of domestic products.
“We have seen that some of our products have a special place in global markets, and have many customers in the world. Now the market for products has disappeared. The basic problems should be solved,” said Saeed-ur-Rahman Imran, an economic analyst.
Afghanistan’s saffron is a valuable revenue generator for the country and the industry employs hundreds of thousands of workers directly and indirectly.
Business
Afghanistan, Iran sign 23-point MoU to expand border trade
Business
Afghanistan and Shanghai Chambers sign trade and investment cooperation agreement
The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.
The Afghanistan Chamber of Commerce and Investment (ACCI) has announced that a high-level delegation led by Sayed Karim Hashimi held talks with the Shanghai Chamber of Commerce and Industry and Chinese investors in Shanghai.
During the meeting, Hashimi described Shanghai as one of the world’s leading economic and investment hubs, emphasizing Afghanistan’s strategic location in the heart of Asia as a key bridge between Central and East Asia.
He highlighted China’s Belt and Road Initiative as a major opportunity for regional economic cooperation and reaffirmed Afghanistan’s readiness to actively participate in the framework.
Hashimi also said Afghanistan’s private sector is prepared to expand cooperation with Chinese investors in mining, agriculture, industry, transit, logistics, technology, manufacturing, carpets, precious stones, medical products, and banking sectors.
The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.
At the end of the meeting, a cooperation agreement on trade and investment was officially signed between the two chambers.
The delegation also included senior members of provincial chambers and leading Afghan business figures.
Business
CASA-1000 power project on track to launch in 2027
Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.
The long-delayed CASA-1000 energy project is expected to begin commercial operations in summer 2027, with construction in Afghanistan due for completion earlier that year, officials said.
Progress on the power project was reviewed during meetings in Dushanbe between April 18 and 20, involving Tajik authorities, Afghanistan’s state power utility Da Afghanistan Breshna Sherkat, the World Bank, and engineering firm KAMANI Engineering Corporation.
Tajik Energy Minister Daler Juma said the project is key to boosting regional cooperation and enabling the export of surplus hydropower from Central Asia to energy-deficient markets in South Asia.
Construction has already been completed in Kyrgyzstan, Tajikistan and Pakistan, while work continues in Afghanistan. According to officials, the Afghan segment is on track to be finalized by spring 2027, paving the way for full project operations later that summer.
Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.
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