Business
Iranian trade delegation visits Balkh for talks with Afghan businessmen
An Iranian business delegation has traveled to Balkh province for discussions with Afghan businessmen, including farmers.
The meeting was organized by the Iranian Trade Center in order to support farmers and standardize Afghanistan’s agriculture sector in Balkh province.
The Chairman of the Board of Directors of the Iran Trade Center said at the meeting that his country is helping Afghan farmers to mechanize agriculture and solve infrastructure problems in the sector.
Hossein Azari, Chairman of the Board of Directors of the Iran Business Center, said: “I am honored to meet with the businessmen of Mazar-e-Sharif, the head of agriculture, livestock and irrigation of Balkh province, and the high-level officials of the Afghanistan Chamber of Commerce and Investment, and I believe that success is more in teamwork.”
He added: “We hope that the infrastructure of agriculture, the infrastructure of production and industrial units, and the transfer of technical knowledge will become more prosperous with the help of the Islamic Republic of Iran in Afghanistan, and in today’s meeting, there was a discussion on investment in different agricultural sectors in the axis of extra-territorial cultivation and creation of farm process of agricultural products..”
The Chamber of Commerce and Investment of the country also expressed hope that memorandums of understanding will be signed between Afghanistan and Iran.
Khairuddin Mayel, the deputy head of the Afghanistan Chamber of Commerce and Investment, said: “Based on the memorandums signed in the center, we had a meeting with our Iranian friends, and they offered a proposal to standardize Afghanistan’s agriculture, and I think this meeting was very good and useful.”
He added: “I hope that a memorandum of understanding will be signed between the Islamic Republic of Iran and Afghanistan so that we can see progress in agriculture in our beloved country.”
At the same time, officials from the Balkh Department of Agriculture say that they need the support of neighboring countries, especially Iran, to standardize agriculture.
Shamsuddin Khalid, head of agriculture and livestock of Balkh, said: “We are ready to have a memorandum of understanding with the Islamic Republic of Iran and other countries to standardize Afghanistan’s agriculture.”
Efforts are being made to deal with the problems of farmers while the lack of water, the high price of chemical fertilizers, the high price of agricultural spices, the lack of cold storage facilities, and the lack of access to advanced agricultural tools are considered to be the basic problems of the farmers in the country.
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 News4 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
-
Sport3 days agoAfghanistan squad hit by withdrawals ahead of AFC Asian Cup Qualifiers
-
Latest News3 days agoIslamic Emirate releases American prisoner Dennis Coyle
-
Latest News1 day agoTajikistan shifts stance on Afghanistan amid rising border tensions
-
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
