Business
Pakistan’s exports to Afghanistan up 2.8% in five months
Pakistan’s exports to Afghanistan witnessed an increase of 2.83 percent during July-November 2022 as compared to the exports of corresponding period in 2021, Pakistani media reported on Thursday.
Pakistan’s overall exports to Afghanistan were recorded at US $213.282 million during July-November 2022 against exports of US $207.407 million during July- November 2021, showing growth of 2.83 percent, The Nation reported citing Pakistan central bank’s data.
On year-to-year basis, the exports to Afghanistan however decreased 23.46 percent from $48.686 million in November 2021, against the exports of $37.263 million in November 2022.
Meanwhile, on month-on-month basis, the exports to Afghanistan also decreased by 23.73 percent during November 2022 as compared to the exports of $48.860 million in October 2022, the report said.
Overall Pakistan’s exports to other countries witnessed a decrease of 2.01 percent in first five months, from US $12.313 billion to US $12.065 billion.
On the other hand, the imports from Afghanistan into the country during the period under review was recorded at $11.523 million against $73.120 million last year, showing decline of 84.24 percent in July- November 2022. On year-on year basis, Pakistan’s imports from Afghanistan also decreased by 94.58 percent from $25.368 million in November 2021, against the imports of $1.373 million in November 2022, according to the report.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
Business
Mahirood Customs leads Iran’s exports to Afghanistan
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.
South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.
He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.
Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.
He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.
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