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Central bank sets up telegraphic transfer system for foreign deposits

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Da Afghanistan Bank, the country’s central bank, said on Wednesday it has established a telegraphic transfer facility for traders and investors.

Mohammad Saber Momand, a spokesman for Da Afghanistan Bank, said in a video clip on Wednesday that the bank has provided the necessary facilities for traders and investors in order to prevent losses to the general public and for traders who need to make foreign transfers.

“According to this strategy, traders and investors can grow and strengthen their business … to import raw materials, especially food, medical and agricultural drugs, health materials, fuel, raw materials, modern machines and technology needed…” Moman said.

He also said it would allow for transfers to students overseas.

According to a spokesman for Da Afghanistan Bank the humanitarian aid delivered to Afghanistan through the United Nations remains in its original state by agreement and is exempt from this arrangement.

A telegraphic transfer (TT) is an electronic method of transferring funds utilized primarily for overseas wire transactions.

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UNHCR launches largest carpet-weaving centre in western Afghanistan

Over the past year, some 2 million Afghans have returned from Iran, highlighting the urgent need for economic opportunities, especially for women, said UNHCR.

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The UNHCR, in collaboration with the Islamic Development Bank, on Wednesday inaugurated the largest carpet-weaving center in western Afghanistan’s Herat province.

The initiative, attended by UN Deputy Special Representative Indrika Ratwatte and local community leaders, will support 400 returnees, with more than three-quarters of them women, providing livelihoods and skills training.

The centre aims to empower returnees and host communities, helping them rebuild sustainable livelihoods, a priority need identified by Afghans returning from Iran.

Over the past year, some 2 million Afghans have returned from Iran, highlighting the urgent need for economic opportunities, especially for women, said UNHCR.

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Uzbekistan ratifies preferential trade agreement with Afghanistan

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Uzbekistan’s President Shavkat Mirziyoyev has officially ratified the Preferential Trade Agreement (PTA) between Uzbekistan and Afghanistan.

The agreement was first signed on 10 June 2025 during the Tashkent International Investment Forum by Uzbekistan’s Minister of Investment and Foreign Trade Laziz Kudratov and Afghanistan’s Minister Nuriddin Azizi, Uzbekistan Daily reported.

The PTA eliminates tariffs on 14 categories of goods, simplifies the issuance of phytosanitary permits for Afghan agricultural products, and introduces additional support measures for Uzbek exporters.

In February 2026, Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev held online talks with Azizi to accelerate the agreement’s entry into force, advance investment projects, and promote industrial cooperation. A new joint business forum is planned to take place in Kabul after the conclusion of Ramadan.

The agreement is expected to strengthen bilateral trade, boost economic ties, and create new opportunities for Afghan businesses and exporters.

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Afghanistan steps in to replace Iran in supplying fruits and vegetables to Russia

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Afghanistan is preparing to increase exports of fruits and vegetables to Russia following a temporary ban by Iran on food exports, Russian media reported citing Rustam Khabibullin, head of the Russian Business Center in Afghanistan.

On March 3, the Iranian government announced an indefinite suspension of all food and agricultural exports to prioritize domestic food security amid ongoing regional conflict. Goods that were previously destined for Russian retailers are now being redirected to Iranian state reserves.

In response, Afghanistan has already dispatched its first shipment of 100 tons of apples to Russia. Shipments of peppers, dried fruits, nuts, celery, zucchini, eggplant, citrus, berries, herbs, and melons are being prepared for delivery in the coming weeks. Khabibullin noted that demand from Russia is growing, and Afghan exporters aim to meet the rising requests to prevent shortages and stabilize prices for consumers.

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