Business
Three-day expo opens in Kabul to promote domestic products
Afghanistan’s Traders and Investors Union in coordination with the ministries of Industry and Commerce, and Information and Culture opened a three-day international expo in Kabul of locally made products on Tuesday.
The expo, titled “Strengthening the Economy of Afghanistan”, brought together dozens of business people who are showcasing their goods, including women entrepreneurs.
According to the Ministry of Industry and Commerce (MoIC), the Islamic Emirate of Afghanistan (IEA) government fully supports economic activities in the country.
The MoIC’s minister Nooruddin Azizi has asked domestic producers to consider international standards in their productions.
“We hope one day to have such expos in countries like the United Arab Emirates, China, and the countries of Central Asia, so that we can sell our domestic products,” said Azizi.
“Hoping one day to transform our country from an import to an export state,” he added.
Other Islamic Emirate officials have said it is important that such exhibitions are held in order to support domestic products, saying that until the country is economically self-sufficient, the country’s problems will not be solved with external aid.
“More than 90 percent of Afghanistan’s exports are agricultural products, and we cannot achieve self-sufficiency without paying attention to the manufacturing sector,” said Inamullah Samangani, head of the Government Media and Information Center.
The organizers of the expo meanwhile said that their goal is to strengthen Afghanistan’s economy and they have asked people to use domestic products instead of foreign ones.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
-
Latest News4 days agoPakistan seeks Russian mediation to resolve Afghanistan tensions
-
Latest News5 days agoWorld must re-engage to prevent all-out Afghanistan-Pakistan war: Financial Times
-
Latest News3 days agoAround 2.3 million tourists visited Afghanistan’s recreational areas during Eid: Ghufran
-
Sport4 days agoAfghanistan squad hit by withdrawals ahead of AFC Asian Cup Qualifiers
-
Latest News1 day agoTajikistan shifts stance on Afghanistan amid rising border tensions
-
Latest News3 days agoIslamic Emirate releases American prisoner Dennis Coyle
-
Latest News4 days agoAirstrike on Kabul drug rehabilitation centre sparks legal concerns
-
Latest News2 days agoTwo civilians killed, eight injured in fresh shelling by Pakistan in Kunar
