Business
Food and oil prices fall in Afghanistan: IEA
The officials of the Islamic Emirate of Afghanistan (IEA) have recently said that the price of food items and oil has decreased by 30 percent in the country.
Mohammad Yunus Mohmand, deputy head of Afghanistan Chamber of Commerce and Investment (ACCI) has said that over the past month, the price of food items and oil have decreased by 30 percent, and in the near future the prices will decrease even more.
“The prices have decreased by 20 to 30 percent and will decline further,” said Mohmand.
Akhundzada Abdul Salam Jawad, a spokesman for the Ministry of Trade and Industry, also said that the ministry has taken more measures to control prices, but they want to import enough food and non-food items into the country.
“We assure the people that before the arrival of this winter season, we have plans to reduce the basic needs, and all commodities and raw materials, Inshallah will have a significant reduction,” said Salam Jawad.
At the same time, the officials of ACCI have further said that the decrease in food prices in the world has had a positive effect on food prices in Afghanistan.
However, the high level of poverty has caused the country’s residents to not be able to buy the materials they need, therefore, they call on the government to pay serious attention to the price of raw materials so that the rates do not rise again.
“Until yesterday, a can of oil was 1900 afghanis, today it has reached 1700 afghanis,” said a shopkeeper.
On the other hand, the price of oil products has also declined, and a number of sellers express hope that the price of oil and gas will decrease further.
“Previously, the price of diesel per liter was 100 afghanis, now it is 97 afghanis. Gasoline was 80 afghanis, now it is 78 afghanis,” said an oil seller.
This reduction in price of food items and oil come while recently the Ministry of Industry and Trade has signed a contract with Russia for the purchase of millions of tons of food and petroleum products, which according to experts, the prices will drop significantly when these products are imported.
Business
Afghanistan signs $46 million deal to develop standard laboratory complexes
The Office of Mullah Abdul Ghani Baradar has announced a contract worth over $46 million for the construction and outfitting of standard laboratory complexes in Kabul and nine major ports across Afghanistan.
The agreement, signed Wednesday at the Government Media and Information Center, was finalized between Faizullah Tamim, head of the Standards and Quality Authority, and representatives of the Indian international firm TCRC, according to a statement from the Deputy Prime Minister for Economic Affairs Office.
Under the five-year deal, TCRC will establish modern laboratory complexes in the capital and key ports, install advanced equipment, renovate existing facilities, and introduce foreign specialists to strengthen the professional capacity of the authority’s staff.
The project will also provide domestic and international training programs for technical employees and support efforts to secure internationally recognized quality certifications from the International Organization for Standardization (ISO).
Officials said the initiative aims to improve Afghanistan’s quality control systems and enhance standards infrastructure nationwide.
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.
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