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IEA and Kyrgyz trade officials meet in Kabul

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A bilateral meeting between a delegation of the Islamic Emirate of Afghanistan (IEA) led by Nooruddin Azizi, the acting minister of commerce and industry, and a visiting delegation led by Kyrgyzstan’s Minister of Economy and Trade Daniyar Amangeldiev was held on Thursday in Kabul.

The ministry of commerce said in a memo that members of the private sector of both countries also attended the meeting.

Azizi said in the meeting: “We have trade with each of the Central Asian countries to the amount of one billion dollars, and we hope that this trip will be useful for the people of the two countries.”

He also emphasized the development and consolidation of trade and transit relations between the two countries.

“Afghanistan wants low-cost transit through the Kyrgyz Republic to the People’s Republic of China, and now the private sector of the two countries is also present, and we fully support the private sector of Afghanistan,” Azizi said.

Kyrgyzstan’s minister of trade and economy meanwhile said: “The conditions and opportunities for strengthening relations and development in the field of trade and transit have become favorable, and we hope that the private sector of both sides can sign a memorandum of cooperation in the near future.”

Amangeldiev raised the issue of their export capacity of fish and meat and the need to import agricultural products from Afghanistan.

He also raised the topic of the China-Kyrgyzstan-Uzbekistan railway line.

“Afghanistan can be connected to this railway through the country of Uzbekistan, which has very good relations with Afghanistan. Also, Kyrgyzstan is a member of the Commonwealth of Independent States, which are the mentioned countries in the field of trade; they have almost the same standards and we support Afghanistan’s entry into this market,” Amangeldiev said.

Azizi welcomed Amangeldiev’s remarks, and said the IEA was ready to strengthen trade and transit relations between the two countries.

A decision was meanwhile taken to establish contact teams from both sides.

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Afghanistan eyes direct Basmati rice imports from India amid tensions with Pakistan

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Afghanistan is exploring direct imports of Basmati rice from India as it seeks to diversify its supply sources amid ongoing tensions with Pakistan, according to a report by The Hindu.

The report said Indian exporters and Afghan importers are expected to meet next month to discuss expanding direct trade in Basmati rice, following preliminary talks between officials from both countries held last week with the facilitation of the PHD Chamber of Commerce and Industry.

Afghanistan consumes nearly 500,000 tonnes of Basmati rice annually and has traditionally relied on imports from neighboring Pakistan. However, industry sources told The Hindu that recent strains in Afghanistan-Pakistan relations have encouraged Kabul to seek alternative suppliers, including India.

Representatives of Afghanistan’s diplomatic mission in New Delhi reportedly took part in the discussions and expressed interest in increasing purchases of Indian Basmati rice. At present, some Indian rice reaches Afghanistan indirectly through traders in Iran and Dubai, a route that adds to transportation and transaction costs.

One proposal under consideration is to transport rice through Iran’s Bandar Abbas Port, subject to agreements between the two governments. The discussions are also expected to cover logistics, payment mechanisms, and the possibility of barter trade, with Afghanistan’s dried fruit exports to India seen as a potential component of future trade arrangements.

According to The Hindu, a direct trade arrangement could help India expand its share of Afghanistan’s Basmati market, which has historically been dominated by Pakistani suppliers.

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Afghanistan, Kyrgyzstan establish trade council to boost economic cooperation

The two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council.

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The Embassy of the Islamic Emirate of Afghanistan in Kyrgyzstan says the Afghanistan-Kyrgyzstan Business Forum has been held with the participation of officials from both countries.

According to a statement issued by the embassy, Acting Ambassador Abdul Shakoor Haqqani said Afghanistan supports strengthening bilateral trade relations and promoting joint economic initiatives between the two countries.

The statement added that the two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council. The council aims to strengthen ties between business communities, coordinate joint initiatives, and expand and support economic projects.

Meanwhile, Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment, arrived in Kyrgyzstan on Saturday at the head of a trade delegation to participate in the forum.

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Afghanistan invites Turkish investors to expand joint investments

Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.

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A high-level Afghan business delegation, led by the Chairman of the Balkh Chamber of Commerce and Investment, Mohammad Ibrahim Ghazanfar, participated in the Afghanistan–Türkiye Joint Business Council meeting in Istanbul, calling for expanded joint investment and stronger economic cooperation between the two countries.

According to a statement from the Balkh Chamber of Commerce and Investment, Ghazanfar invited Turkish investors and industrialists to explore investment opportunities across various sectors in Afghanistan, emphasizing the country’s potential for mutually beneficial partnerships.

The meeting brought together business leaders, investors, and private sector representatives from both Afghanistan and Türkiye to discuss ways to strengthen bilateral trade and economic ties.

During the event, several cooperation agreements were signed between Afghan and Turkish economic institutions. The agreements are aimed at expanding commercial relations, promoting joint investment projects, and enhancing economic cooperation between the two countries.

The meeting was chaired by Süleyman Güllü, Chairman of the Türkiye–Afghanistan Joint Business Council, and was attended by Mohammad Akbar Azimi, the Islamic Emirate of Afghanistan’s Consul General in Istanbul, along with a number of businessmen and investors from both countries.

Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.

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