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China fast becoming a lucrative market for Afghan carpets

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(Last Updated On: June 20, 2023)

China is fast becoming a lucrative market for Afghan products, including handmade carpets, pine nuts and other goods.

Speaking to China’s Xinhua news agency, one carpet weaver in Kabul, Safiullah, said he is trying to produce as many carpets as possible for the Chinese market.

“The demand for hand-woven and high-quality carpets is on a constant rise in the [Chinese] market,” Safiullah told Xinhua, suggesting that the promotion of the art of carpet weaving could help low-income families improve their living conditions.

Safiullah’s impoverished family sees this as a great chance to overcome their economic hardship thanks to China, considered one of the most suitable markets for Afghan products.

Following the launch of a direct flight between Kabul and the northwestern city of Urumqi in China, trade between the two countries is expected to increase – including the trade of carpets.

“Export of Afghan carpets to China has significantly increased, leading us to sell more carpets and thus facilitating us to hire more workers in the industry,” Sayed Bilal Farooqi, a member of the Afghan Carpet Union, told Xinhua.

Afghanistan, according to the Union of Carpet Producers and Exporters, has exported more than one million square meters of carpets to China over the past two years.

Like carpets, pine nuts have also become a major export item of Afghanistan. The Ministry of Economy estimates that the government will earn about $2 billion annually from pine nut exports, mainly to China, within the next few years.

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Talks with neighboring countries underway for fresh fruit exports: Azizi

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(Last Updated On: May 10, 2024)

Acting Minister of Industry and Commerce Nooruddin Azizi has said that talks with neighboring countries have started for the export of fresh fruit this year.

Azizi added that the Ministry of Industry and Commerce wants the country’s fresh fruit to be exported to Uzbekistan, Kazakhstan and Iran in addition to Pakistan.

Members of the private sector call on the Ministry of Industry and Commerce to step up efforts to find new markets for Afghan exporters.

“We ask the authorities to determine the export routes before the harvesting season. We should find new markets instead of Pakistan. There is capacity for Afghanistan’s exports in the region, and action should be taken in this regard,” said Mirwais Hajizada, the deputy of Chamber of Agriculture and Livestock.

Economic experts say that the Ministry of Industry and Commerce should hold talks with Iran and Uzbekistan in addition to Pakistan for Afghanistan’s exports.

“There are many opportunities to sell our products in markets other than Pakistan. I hope the authorities will think about this. Grounds should be paved to access the markets of South Asia and the Gulf countries through Iran, and the markets of Central Asia through Uzbekistan,” said Mohammad Nabi Afghan, an economic expert.

Members of the private sector say that although Pakistan is the closest and largest market for Afghanistan’s dry and fresh fruits, doing business with it has always been challenging.

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Pakistan, Uzbekistan reaffirm commitment over rail project

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(Last Updated On: May 9, 2024)

Pakistan and Uzbekistan on Wednesday reaffirmed their commitment to early implementation of the Uzbekistan-Afghanistan-Pakistan Railways project which will boost trade within the region.

In a statement issued by Pakistan’s foreign office after a meeting in Islamabad between visiting Foreign Minister of Uzbekistan Bakhtiyor Saidov and Pakistan’s Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, the project “would give boost to bilateral and regional trade and become a bridge between South and Central Asia.”

Prime Minister Shehbaz Sharif also met with Saidov and emphasized the importance of the railway project and Pakistan’s commitment to its early completion.

Pakistan, Uzbekistan and Afghanistan had in February 2021 agreed to build a railway line across Afghanistan to connect Central Asia with Pakistani ports at an estimated cost of $4.8bn.

The railway project, spanning 760 kms, is scheduled for completion by the end of 2027, with the capability to transport up to 15 million tonnes of goods annually by 2030.

This rail link will notably decrease cargo delivery time between Uzbekistan and Pakistan by around five days, while also slashing transportation costs by at least 40 percent.

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Tatarstan businessmen keen to invest in Afghanistan’s oil and gas sector

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(Last Updated On: May 8, 2024)

The Ministry of Mines and Petroleum says that the head of the ministry has met with a number of visiting businessmen and representatives of oil and gas processing companies from the Republic of Tatarstan.

The ministry said at the recent meeting, the visiting businessmen outlined their experience and work in the field of oil and gas extraction and processing.

In a post on X, the ministry quoted the Tatarstan group as having acknowledged an “orderly system” in Afghanistan with complete security and favorable grounds to invest.

The visitors said at the meeting their companies are considering the possibility of investing in the survey, exploration and extraction processes of oil and gas in the country, as well as the refinement stage.

Shahabuddin Delawer, Acting Minister of Mines and Petroleum, welcomed the group’s enthusiasm and said “fortunately, Afghanistan has rich oil and gas resources in various areas,” adding that currently agreements are being drawn up regarding Herat’s oil and gas blocks – something which Tatarstan businessmen could invest in.

Delaware said that the Ministry of Mines and Petroleum is ready to cooperate in accordance with the relevant laws in order to facilitate investment.

Tatarstan, officially the Republic of Tatarstan, is a republic of Russia located in Eastern Europe.

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