Business
Azizi says efforts ongoing to find alternative trade routes
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.
Business
Iraqi intelligence report alleges oil smuggling network supplying Afghanistan and Turkey through Iran
The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.
An Iraqi intelligence report obtained by Sky News Arabia has revealed alleged large-scale crude oil smuggling operations from northern Iraq into Iran, where the oil is reportedly refined and later sold in regional markets, including Afghanistan and Turkey.
According to the report, shipments of crude oil are transported through land routes and unofficial trade channels into Iranian territory, where they undergo refining and processing before being re-exported to foreign markets.
The intelligence findings suggest that the alleged network is designed to bypass international sanctions and facilitate the movement of petroleum products outside official trade and financial monitoring systems.
The report further indicates that smuggling networks rely on informal transportation routes and cross-border commercial channels to maintain the collection, processing and distribution of oil products while avoiding regulatory oversight.
The revelations have raised concerns over cross-border smuggling, the loss of national resources and the potential impact of illicit oil trade on regional economies.
Security and political observers say the reported activities could put additional pressure on Iraqi authorities to strengthen border controls, monitor oil transportation routes and improve coordination with regional and international partners.
However, the allegations outlined in the intelligence report have not been independently verified, and further details about the networks involved, the quantities of oil transported and the scale of supplies reaching Afghanistan and Turkey remain unclear.
The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.
Business
$30 million pharmaceutical investment launched in Herat as new production line opens
Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.
The foundation stone has been laid for three new pharmaceutical production blocks at Ovison Pharma in Herat, with an investment of $30 million, while the factory’s new serum and injectable production line has also been inaugurated.
The new production blocks will be constructed on a 3,000-square-metre site, with each facility planned to have five floors. Equipped with advanced machinery and designed to meet international standards, the expansion is expected to significantly increase the factory’s pharmaceutical production capacity.
Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.
The expansion marks a significant step toward strengthening Afghanistan’s pharmaceutical industry, increasing domestic production and reducing the country’s reliance on imported medicines.
The investment is also expected to support the development of local manufacturing capacity and improve access to domestically produced pharmaceutical products.
Business
Afghanistan approves new foreign investment policy in bid to attract international investors
The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.
Afghanistan’s Economic Commission has approved a new foreign investment policy aimed at attracting international investors, improving investment opportunities and supporting the country’s economic growth.
The decision was made during the commission’s regular meeting, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, at the Marble Palace on Monday.
According to the Deputy Prime Minister’s Office for Economic Affairs, the proposed policy was presented by a committee established under the leadership of the economic deputy office. Following a comprehensive review and consideration of the commission’s recommendations, the policy was approved.
The policy aims to regulate foreign investment activities, facilitate investment procedures, create a favourable environment for investors, ensure investment security and promote Afghanistan’s economic growth and development.
During the meeting, the commission also approved a proposal concerning the payment of fixed taxes by commercial import companies at the country’s customs offices.
Officials said implementing the proposal would create additional facilities and simplify procedures for importing businesses.
The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.
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