Business
Restrictions on entry of Iranian trucks into Afghanistan lifted
Afghan and Iranian authorities have agreed to immediately remove the 20-day restriction on the entry of Iranian trucks to Herat.
According to IRNA news agency, the agreement came on Sunday at the joint meeting of the representatives of Iran and Afghanistan at Dogharun customs.
In addition, the working hours of Dogharun customs office increased by one hour to 16 hours.
Earlier, Acting Minister of Foreign Affairs Amir Khan Muttaqi said that Iran can increase trade relations with Afghanistan and its investors can invest in the country.
“Afghanistan offers many opportunities. For instance, it has fertile soil and fresh water. A lot can be done in agriculture. Its land is full of minerals. There could investment in minerals that could benefit both you and us. When businessmen come from far away and invest in Afghanistan, why not come from nearby? Why not come from Iran to invest there,” Muttaqi said during his recent visit to Iran.
Experts say that lifting trade and transit restrictions between Afghanistan and Iran can lead to the expansion of trade and provide more employment opportunities.
“I think that as much as the restrictions on trade and transit are lifted from both sides, it can benefit the private sector. As much as we can provide facilities for our trade, business will boom and there will be economic growth,” said Abdul Nasir Reshtiya, an expert on economic affairs.
This comes as efforts to expand political and trade relations between Kabul and Tehran have increased recently.
Business
Afghanistan raises import tariffs on several goods to support domestic industry
Under the new rates, the customs tariff on bottles has increased from 12% to 16%, while the tariff on construction paint has risen from 16% to 30%.
Afghanistan’s Ministry of Finance says it has increased customs tariffs on several imported goods as part of measures aimed at supporting domestic production and industrial growth.
The ministry said the Tariff Committee approved the changes during its third meeting of the 1405 solar year.
Under the new rates, the customs tariff on bottles has increased from 12% to 16%, while the tariff on construction paint has risen from 16% to 30%.
Tariffs on leather footwear and plaster have each increased from 50% to 80%, while the rate on sanitary diapers has risen from 20% to 25%.
At the same time, the tariff on heart springs has been reduced from 8% to 3.5%.
The Ministry of Finance said customs tariffs on cement, iron pipes, refrigerators and raw materials used in carpet production are also under review.
According to the ministry, the tariff adjustments are intended to protect domestic industries, strengthen local production and create conditions for further growth in trade.
Business
Afghanistan-Kazakhstan trade reaches $581 million in six months
The latest discussions come as Kabul and Astana work on a bilateral economic cooperation roadmap, with the two countries aiming to increase annual trade to $3 billion.
Trade between Afghanistan and Kazakhstan reached $581 million in the past six months, officials in Afghanistan’s western Herat province said.
The figure was discussed during a meeting between Herat Governor Noor Ahmad Islam Jar and a Kazakh delegation led by Yerkin Tukumov, Kazakhstan’s special representative for Afghanistan.
Tukumov stressed the need to expand transit capacity and remove customs barriers to facilitate increased trade between the two countries. He also invited Afghan officials to attend a joint economic meeting scheduled to take place in Kazakhstan.
Islam Jar highlighted Herat’s strategic location and security, describing the province as having significant potential to serve as a hub for investment and regional trade.
Afghanistan and Kazakhstan have previously discussed expanding trade in agricultural products, including Afghan agricultural exports in exchange for flour imports from Kazakhstan.
The two sides have also reached understandings on cooperation over the Torghundi-Herat railway project, which is intended to strengthen transport and trade links.
The latest discussions come as Kabul and Astana work on a bilateral economic cooperation roadmap, with the two countries aiming to increase annual trade to $3 billion.
Business
Ariana Afghan Airlines increases Kabul-Delhi cargo flights
Ariana Afghan Airlines has increased cargo flights between Kabul and Delhi to facilitate the transportation of commercial goods and support Afghan traders.
In a statement issued Saturday, the airline said it will now operate two scheduled cargo flights daily on the Kabul-Delhi route, up from one flight per day previously.
The airline said Afghan traders and commercial companies can use the daily cargo services to transport their goods quickly, safely and reliably between Afghanistan and India.
Ariana Afghan Airlines said it is working to further expand and improve its air cargo services to support trade, meet the needs of Afghan traders and facilitate Afghanistan’s exports and imports.
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