Business
Pakistan repeats call for release of Afghan assets
Pakistan on Friday once again called on the United States to release Afghanistan’s frozen assets and conditionally allow the Islamic Emirate of Afghanistan (IEA) to use the funds to assist both economic and humanitarian crises in the country.
Asim Iftikhar, a spokesman for Pakistan’s foreign ministry, said at a press conference, that the frozen assets held in the US should be released urgently and “in a manner that would make it easier for the interim authorities to utilize this money.”
This comes after US officials said last week they had no plans to release Afghanistan’s foreign reserves, citing concerns the funds could end up in the hands of terrorists after the leader of al-Qaeda was killed in Kabul.
President Joe Biden’s administration froze $7 billion after the IEA took power last year. Earlier this year, Biden issued an order to split the money equally between the families of victims of the September 11 terror attacks and humanitarian aid for Afghans.
Iftikhar said that the release of Afghan assets “shouldn’t be done without strings attached.” He also noted that the US had provided a lot of humanitarian assistance to Afghanistan over the past year.
Referring to the recent visit to Pakistan by US CENTCOM chief General Michael Kurilla, and other bilateral engagements, Iftikhar said that in addition to his country’s bilateral agenda, the two sides also discussed the situation in Afghanistan.
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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