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IEA and Kyrgyz trade officials meet in Kabul

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(Last Updated On: January 26, 2024)

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 can become important industrial center in region: Hanafi

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(Last Updated On: May 13, 2024)

Deputy Prime Minister for Administrative Affairs Abdul Salam Hanafi says Afghanistan has the potential to become one of the most important industrial centers in the region.

Speaking at the opening ceremony of the national and international expo on the occasion of Industry Week, Hanafi said that the growth of industry lays the foundation for the growth of other economic sectors and that the Islamic Emirate fully supports domestic production in the country.

“Afghanistan has important and rich factors for industrial production, which can become one of the important industrial centers in the region. The growth of industry will be the basis for the growth of other economic sectors, especially agriculture,” said Hanafi.

Acting Minister of Industry and Commerce, Nooruddin Azizi, added that the IEA has programs in the fields of industry development and support for the private sector that will make Afghanistan self-sufficient.

Azizi stated that Afghanistan’s industrial sector is currently progressing and the quality of export goods has also improved.

Some investors said at the ceremony that after the return of the IEA, the country’s exports have increased and the number of manufacturing companies has also increased.

This expo is open to visitors for seven days, and industrial products are showcased in 450 booths.
Women in business also attended the meeting.

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Afghanistan, Pakistan agree on new travel mechanism for truckers

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(Last Updated On: May 12, 2024)

Afghanistan and Pakistan have agreed on the issuance of a temporary admission document for transporters of commercial goods, Afghanistan’s Ministry of Transport and Aviation announced on Sunday.

The ministry said in an announcement that truck drivers and their assistants carrying commercial goods from Afghanistan and Pakistan must have this document with them at the crossings.

Based on the announcement, the document will be issued to Afghans at the Pakistani embassy in Kabul and its consulate in Kandahar.

For Pakistanis, the document is distributed at the office of the Afghanistan transport attaché in Peshawar and Quetta.

The Ministry of Transportation and Aviation asked owners and drivers of trucks to submit the required documents to their respective transportation companies by June 1.

The ministry warned that after June 1, trucks cannot travel between the two countries without having the temporary admission document.

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Pakistan: Consultations underway on preferential trade agreement with Afghanistan

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(Last Updated On: May 11, 2024)

Pakistani officials have announced that consultations are underway with stakeholders on preferential trade agreements with Afghanistan and Azerbaijan.

According to Dawn newspaper, the issue was announced on Friday in a meeting on trade chaired by Pakistan’s Prime Minister Shahbaz Sharif.

In the meeting, the strict monitoring of Afghan Transit Trade was also emphasized.

Pakistani officials have not provided further details on preferential trade with Afghanistan and Azerbaijan.

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