Business
Iran’s non-oil exports to Afghanistan up 4%
The value of Iran’s non-oil exports to Afghanistan increased by four percent during the first seven months of the current Solar year, as compared to the same period of time in the past year, the Tehran Times reported.
According to Ruhollah Latifi, the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining and Trade, Iran exported non-oil commodities worth $975 million to Afghanistan in the seven-month period of this year.
Latifi said Iran has a 35 percent share in Afghanistan’s import market, which is a considerable figure in bilateral trade ties.
Mohammad-Mehdi Javanmard-Ghassab, the economic adviser of the Iranian president’s special envoy on Afghanistan affairs, stated that the country is seeking to export technology, technical know-how as well as technical and engineering services to Afghanistan.
Increasing the production of Iranian products in Afghanistan is also on the agenda, he emphasized.
According to Mohammad Ghanadzadeh, the deputy head of Iran’s Trade Promotion Organization (TPO), the trade between Iran and Afghanistan has increased by 20 percent in the current Iranian calendar year (started on March 21).
Ghanadzadeh said Iran is ready to cooperate with Afghanistan in the country’s development and reconstruction projects, Tehran Times reported.
The Iranian and Afghan governments are taking some prominent measures to boost trade between the two countries.
In early March, Iran’s trade center and permanent exhibition of Iranian products was inaugurated in Kabul with the aim of developing trade relations between the two countries.
Then in late July, a joint exhibition of products made in Iran and Afghanistan was held in Herat.
More recently the two countries signed five memorandums of understanding (MOUs) on cooperation in different economic sectors.
The MOUs were signed in a ceremony on November 9 in the presence of Iranian Agriculture Minister Mohammad-Ali Nikbakht, President Raisi’s special envoy for Afghanistan Hassan Kazemi Qomi, and Deputy Prime Minister for Economic Affairs of the Islamic Emirate of Afghanistan Mullah Abdul Ghani Baradar.
The MOUs include the cooperation document of the Iran-Afghanistan Joint Economic Committee meeting, the document of the two sides’ Joint International Road Transport Cooperation Committee meeting, the MOU between Iran’s Civil Aviation Organization (CAO) and the Afghan side, the MOU between Iran’s Esfahan Steel Company and the Afghan side, and the MOU between Iran’s Secretariat of Free Trade and Special Economic Zones and the Afghan sides, Tehran Times reported.
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.
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