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Ukraine eyes billions in euros from Europe electricity exports
Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday.
Former Soviet Ukraine’s electricity grid began planning to decoupling itself from the Russian and Belarusian grid in 2014 after Russia annexed Crimea. It was testing the system’s autonomy in February when Russia invaded, which prompted Kyiv to fully disconnected 2.5 years earlier than planned.
Ukraine applied in March to join European energy system ENTSO-E as soon as possible and on Tuesday it received the right to export its energy to Europe, Ukrenergo said on Wednesday.
All the required Ukrainians lines are ready to export electricity to Romania, Hungary, Slovakia and Poland, said Lana Zerkal, an adviser to the energy minister, in an interview with the Suspilne public television channel.
“By the end of the year, under normal circumstances, we will be able to earn about 1.5 billion euros,” she said, adding that Ukraine’s system was working in sync with the European Union’s system.
“We started this in March, and now the EU is opening up to us the technical opportunity to start commercial flows and make money from it. It is very important to us that … despite the war we were able to do it 2.5 years earlier than planned,” she said.
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Afghan and Iranian officials discuss expanding economic cooperation
Ahmad Jan Bilal, General Director of State-Owned Corporations, met on Tuesday with Iran’s Ambassador to Kabul, Ali Reza Bikdeli, to discuss expanding bilateral economic cooperation and following up on issues raised during his recent visit to Iran.
According to a statement from the General Directorate of State-Owned Companies, the meeting focused on reviewing ways to implement discussions held with Iranian officials during Bilal’s visit.
Bikdeli described the visit as positive and productive, stressing the importance of following up on the issues discussed and taking practical steps to advance bilateral cooperation.
He said Iran is ready to cooperate with Afghanistan in oil and gas exploration, extraction and exports, refinery construction, agriculture, water and electricity.
Bilal, for his part, said the Islamic Emirate is interested in expanding joint cooperation with Iran in energy, agriculture, industrial development and other economic sectors. He added that his office would work with the Iranian side to turn the proposed areas of cooperation into practical initiatives.
Bilal also reaffirmed his office’s commitment to following up on the issues discussed during his recent visit to Iran and working towards their implementation in coordination with Iranian officials.
Bilal recently visited Iran at the head of a delegation, holding talks with several Iranian officials on expanding economic, trade and investment ties, particularly in the state-owned companies sector.
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Ariana Airlines reduces Kabul–Islamabad–Kabul airfares by $20
Ariana Afghan Airlines announced on Tuesday a reduction in ticket prices for flights on the Kabul–Islamabad–Kabul route from $190 to $170.
According to the airline, passengers can now purchase tickets for this route at $20 less than the previous fare.
The airline has also set a special fare of $150 for students travelling on this route.
Ariana Afghan Airlines said the move aims to reduce travel costs and make air travel more affordable and accessible for passengers and students.
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Afghanistan and Russia discuss expanding economic ties and boosting bilateral trade
During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.
Afghanistan’s Foreign Minister Amir Khan Muttaqi has met with Zamir Kabulov, Russian President’s Special Representative for Afghanistan, to discuss strengthening bilateral relations, expanding economic cooperation and increasing trade between the two countries.
During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.
Kabulov, meanwhile, praised the Islamic Emirate’s efforts to combat drug trafficking and cultivation, saying reports by some international organisations on the issue do not reflect the realities on the ground.
Muttaqi reiterated that the Islamic Emirate remains committed to combating drug cultivation, production and trafficking, describing these efforts as important for the security and stability of both Afghanistan and the wider region.
The meeting comes amid continued efforts by Kabul and Moscow to strengthen diplomatic and economic engagement and explore opportunities for broader bilateral cooperation.
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