Business
IEA hoping to cement strong economic ties with China
The Islamic Emirate of Afghanistan (IEA) has said foreign investors, especially Chinese investors, are welcome to invest in the country and that plenty of opportunities are available.
According to Bilal Karimi, the deputy spokesman for the IEA, China’s economic role in the country is crucial and Afghanistan “welcomes Chinese investment”.
Economic experts meanwhile said Afghanistan-China trade volume currently amounts to $2 billion annually and that China is Afghanistan’s third-largest foreign economic partner.
As one of the world’s largest economies, China has said it is hoping to help Afghanistan become a global trade contender.
Recently, China’s Foreign Minister agreed with his Pakistani counterpart, at a meeting in Beijing, to bring Afghanistan into the CPEC (China – Pakistan Economic Corridor) trade route fold, a decision that Kabul has welcomed.
“China is an important and powerful country in the world, and China’s role in our country is very important. Economically, the Islamic Emirate needs the investment of all countries, especially China,” said Bilal Karimi.
Politicians also believe that China and Afghanistan have always had good relations and that the introduction of Chinese investment is critical for Afghanistan.
“China has always been interested in investing [in Afghanistan] since the Karzai era. Even before King Zahir Khan, and this shows China has always been on the side of the Afghan people,” said Wahidullah Sabawon, Chairman of the Islamic Unity Party of Afghanistan.
Economists believe that China, by having up-to-date technology, can help Afghanistan progress and develop technologically.
“China is a very close country and friend to us. We have very big trade with them. We used to trade with China for up to $2 billion. Now it is Afghanistan’s third-largest economic partner in the world,” said Khan Jan Alkozai, deputy director of ACCI.
Afghans on the other hand have expressed satisfaction with China’s assistance in the past, saying that by investing in Afghanistan, China can provide job opportunities for Afghans.
“China is a great world power and it is good that Afghanistan is asking for its help,” said Ahmad, a resident of Kabul.
“China is an industrial country that can cooperate well with Afghanistan,” said Mohammad Qasim, another Kabul resident.
“When China helps Afghanistan, jobs will be created, people will no longer be killed on the border while fleeing the country,” said Khalid, another resident.
Religious scholars also said that help and friendship from people around the world knows no bounds. All countries need to have a positive view towards Afghanistan, they said.
“The Chinese government is an example to all non-Muslim countries, and they can help the people of Afghanistan,” said Hussain Jafari, a religious scholar.
The Chinese government has meanwhile distributed several consignments of food and non-food aid to the people of Afghanistan since the Islamic Emirate came to power, and China was the first country to provide hundreds of thousands of doses of COVID-19 vaccines to the people of Afghanistan.
Business
UK-Afghanistan trade falls 16.7% to £70 million over 12 months
Trade in goods and services between the United Kingdom and Afghanistan declined by 16.7 percent to £70 million in the 12 months to the end of June 2026, according to the latest figures published by the UK Department for Business and Trade.
The department’s trade and investment factsheet, released on November 6, shows that bilateral trade fell by £14 million compared with the same period a year earlier.
UK exports to Afghanistan totalled £57 million, down 18.6 percent or £13 million, while imports from Afghanistan stood at £13 million, representing a 7.1 percent decline.
The figures show that goods accounted for £32 million, or 45.7 percent, of total trade, while services made up the remaining £38 million, or 54.3 percent.
UK exports to Afghanistan included beverages, pharmaceutical products, dairy products, road vehicles and industrial machinery.
Vegetables and fruit were the leading Afghan goods exports to the UK, worth £1.7 million. Clothing and textile fabrics were also among the main products exported.
The report ranks Afghanistan as the UK’s 166th-largest trading partner, accounting for less than 0.1 percent of the UK’s total trade during the period.
Business
Afghanistan and Russia discuss expanding trade and investment ties
Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors.
Afghanistan and Russia have discussed ways to strengthen bilateral trade, expand private-sector cooperation and attract new investment during a meeting in Kabul.
Inayatullah Sediqzi, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI) for Services, met with Russian Ambassador to Afghanistan Dmitry Zhirnov on the sidelines of an event marking Russia’s National Unity Day on Wednesday, November 4.
The event was hosted by the Russian Embassy in Kabul.
According to a statement from the ACCI, discussions focused on boosting economic relations, increasing bilateral trade and creating greater opportunities for businesspeople and investors from both countries.
Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors, exploring new areas of economic partnership and establishing stronger direct links between their respective business communities.
The discussions reflect Afghanistan’s continued efforts to expand economic engagement with regional and international partners, with increased trade, private-sector development and foreign investment remaining key priorities.
Business
Afghanistan’s pine nut exports increase by 69 percent
Afghanistan’s pine nut exports increased by 69 percent in the first seven months of the current solar year 1405 compared with the same period last year, reaching $72 million, the Afghanistan Chamber of Commerce and Investment (ACCI) says.
According to chamber officials, the value of pine nut exports stood at $42 million during the first seven months of last year. The product has been exported to European countries, India and, particularly, China.
Meanwhile, officials at the Ministry of Industry and Commerce say they have taken steps since the beginning of the year to expand pine nut exports and identify new markets for the product.
However, some economic experts say pine nuts are among Afghanistan’s key export products and that relevant government ministries, particularly the Ministry of Industry and Commerce, should strengthen efforts to promote the product and secure access to new markets.
Afghan pine nuts are also exported to China, India, the United Arab Emirates, Saudi Arabia, Pakistan, the United States, the United Kingdom, Italy, Germany, Australia, Turkey, Austria and Kuwait.
Experts emphasize that pine nut packaging should be improved to meet the requirements and standards of different international markets in order to further increase exports.
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