Business

Afghan and Iran customs committees meet to resolve issues

Published

4 months ago

January 7, 2024

(Last Updated On: January 7, 2024)

The office of the deputy prime minister for economic affairs said on Sunday that meetings of the joint committees between Afghanistan and Iran have been held and previous agreements were discussed in order to resolve problems and expand trade and transit relations between the two countries.

The Islamic Emirate of Afghanistan (IEA) stated that it was agreed that customs units at the three border crossings – Islam Qala, Nimroz and Abu Nasr Farahi – and the Iranian side, will remain open for 16 hours a day, up from eight hours.

Also, an agreement was reached between the two countries for the purpose of increasing exports and imports, so that the number of vehicles transporting goods on a daily basis would increase from 550 to 1,200.

In these meetings, the 20-day ban on Iranian trucks entering Afghan territory was also removed. Both parties also announced the cancellation of some fixed fees for the purpose of promoting business, the office said.

Iran has scrapped one fee of $104 dollars (5,000 afghanis).

The aim of these meetings is to follow up on the agreements made with Iranian officials during the last visit of Mullah Abdul Ghani Baradar, the Economic Deputy of the Prime Minister, to Iran.

During Baradar’s visit to Iran, a number of memoranda of understanding were signed to increase trade and transit between the two countries, and it was also agreed to appoint joint committees to follow up on issues.

Up Next

Air Arabia starts flights to Kabul International Airport

Don't Miss

Agreement reached to expedite crossover of vehicles to 900 trucks daily at Torkham

Business

Azizi meets with head of Tatarstan on sidelines of Kazan Forum

Published

3 hours ago

May 16, 2024

Ariana News

(Last Updated On: May 16, 2024)

The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.

According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.

This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.

The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.

Business

Afghanistan’s imports and exports totaled $10.3 billion last year

Published

1 day ago

May 15, 2024

Ariana News

(Last Updated On: May 15, 2024)

The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.

According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.

Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.

Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.

Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.

Business

Acting commerce minister heads to Russia to attend Kazan Forum

Published

2 days ago

May 14, 2024

Ariana News

(Last Updated On: May 14, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, headed to Russia to participate in an international economic meeting in Kazan, Tatarstan.

The aim of the Russia-Islamic World: KazanForum 2024, the 15th edition of the forum, is to offer a platform for leading international economic and financial specialists from the Islamic world to strengthen ties between the countries of the Organization of Islamic Cooperation (OIC) and the regions of the Russian Federation in the economic, educational, social and cultural spheres, Anadolu Agency reported.

The Ministry of Industry and Commerce said that Azizi, leading a high-level delegation of the Islamic Emriate, traveled to Tatarstan at the invitation of Tatarstan President Rustam Minnikhanov.

The forum is held between May 14 and 19.

The forum also aims to promote the development of Islamic financial institutions in Russia and worldwide, with a focus on joint international projects and programs, according to Anadolu Agency.

More than 80 nations are expected to participate in the event, including representatives of the United Arab Emirates, Bahrain, Malaysia, Türkiye, Iran, Libya, and other OIC member states.