Business
Price hike adds to humanitarian crisis in Afghanistan
Grain prices in Afghanistan have kept soaring due to the sanctions imposed by the United States and the ongoing conflict between Russia and Ukraine, adding to the aggravated humanitarian crisis suffered by the Afghan people, CCTV reported.
Abdul Shukoor is a vegetable vendor who has been living at a hillside settlement named Demazang north of downtown Kabul for 20 years with his family.
Resulting from the poor living conditions on the hill, the local residents are suffering severe water shortage and therefore are forced to carry drinking water uphill with donkeys each day, read the report.
Frequent power outage is another issue upsetting the locals.
A China Central Television (CCTV) reporting crew has recently paid a visit to Abdul Shukoor’s home — a room measuring less than 10 square meters which houses 10 family members.
“I have two sons and six daughters. One of my sons died from illness. I can only make 5,000 to 6,000 Afghanis (around 56 to 67 U.S. dollars) each month, which is far from being enough to support the livelihood and subsistence of my family and to taking good care of my kids,” said Shukoor.
His late son passed away one month ago from cancer as a result of lacking money.
“My son who died was 18 years old this year. He was diagnosed with cancer a year ago and I don’t have enough money to take him to Pakistan or India for treatment. I lost my son because I don’t have money,” said Shukoor.
He said he borrowed a total of 300,000 Afghani (around 3,375 U.S. dollars) to take his son to doctors and now he has not paid the house rent for months. And the food price hike has added to the family’s hardship.
Some 19.7 million people, almost half of Afghanistan’s population, are facing acute hunger, according to the Integrated Food Security Phase Classification (IPC) analysis conducted in January and February 2022 by Food Security and Agriculture Cluster partners, including the Food and Agriculture Organization of the United Nations (FAO), the United Nations World Food Program (WFP) and many NGOs.
The analysis also pointed out that the Russia-Ukraine conflict continues to put pressure on Afghanistan’s wheat supply, food commodities, agricultural inputs, and fuel prices.
According to a grain ship owner named Shafi, the prices of rice and flour have more than doubled compared with six months ago.
“The rice price was some 70 to 100 Afghanis (around 0.8 to 1.1 U.S. dollars) per kg and it has now surged to about 150 to 200 Afghanis (around 1.7 to 2.2 U.S. dollars) per kg. The best quality rice is now sold at 180 to 200 Afghanis (about two to 2.2 U.S. dollars) per kg,” Shafi told the CCTV.
Following the withdrawal of U.S. troops from Afghanistan in August last year, the U.S seized seven billion U.S. dollars worth of frozen assets of the Afghan central bank, which has aggravated the humanitarian crisis in the country.
“The money frozen by the U.S. government belongs to the Afghan people. They should not have done that because the money is property of our people. What the U.S. cares about is only to maximize interests for itself, and it has done nothing conducive to the Afghan people. If they were here to help us, then why have we still been living in shabby houses like this and seeing nothing improved in our lives. The U.S. came here to pursue their own interests instead of helping the poor here,” said Shukoor.
Business
Ariana Afghan Airlines lowers cargo rates on Kabul–Delhi route to boost exports
Business
Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.
According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.
The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.
Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.
Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.
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