Business

Azizi says efforts ongoing to find alternative trade routes

Published

1 month ago

April 8, 2024

(Last Updated On: April 8, 2024)

Minister of Commerce and Industry Nooruddin Azizi said at a meeting that the ministry is trying to find additional routes to boost trade for the private sector.

As a landlocked country, Afghanistan has regularly faced challenges regarding trade, especially in the transfer of goods over land.

Now, however, the Islamic Emirate is trying to find alternative ways of doing business, so a meeting was convened by the Ministry of Commerce and Industry.

The Acting Minister of Commerce and Industry said in this meeting that the search for an alternative way for the country’s trade is not blocking other roads and ports, but the Islamic Emirate is trying to create facilities for the private sector.

Abdulsalam Jawad Akhundzada, the spokesperson of the Ministry of Commerce and Industry, says that: “The leadership of the Ministry of Commerce and Industry has been obliged to work with the respected members of the Tariff Committee to find an alternative way for the country’s trade. In this meeting, Mr. Azizi emphasized on bringing ease to the growth of the industry. And the prosperity of the country’s trade, he said, “Looking for an alternative way for Afghanistan’s trade is not blocking other roads and ports, but we are trying to bring more convenience to the private sector.”

In this meeting, the Tariff Committee has introduced its special and technical representative for better and effective use of Chabahar port as one of the alternative ways for the country’s trade.

Abdul Nasir Rashtiya, a member of the Chamber of Industries and Mines, says: “Since Afghanistan is dependent on one route and problems arise from time to time, I think the best alternative route is Chabahar and Abbas ports, which are both closer in terms of area and in terms of transportation costs and in general having good economic relations with all neighboring countries can save Afghanistan from being isolated.”

According to experts, whenever alternative ways of business are sought and used, the country’s exports increase. He also said Afghan businessmen will have access to global markets.

However, the Director General of Customs of South Khorasan region in Iran has announced that the transit of goods from this region to Afghanistan has tripled. According to the Iranian official’s explanation, 19,936 trucks of goods were transited to Afghanistan through Mahirud Customs last year.

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Business

Azizi meets with head of Tatarstan on sidelines of Kazan Forum

Published

14 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

2 days 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.