Business
Afghanistan’s oil sector is a source of growing interest among investors: IEA
Afghanistan Chamber of Commerce and Investment (ACCI) officials meanwhile called on the ministry to also focus on increasing the operational capacity of established oil extraction companies and in building refineries instead of focusing on attracting foreign investors.
Afghanistan’s Ministry of Mines and Petroleum reports that the country’s lucrative oil sector is generating growing interest from a number of countries in the region including Iran, Turkey, Russia and Uzbekistan.
According to officials, companies in these countries have shown serious interest in investing in the extraction and refinement processes.
The ministry has however called on Afghan investors to also take advantage of opportunities in the sector.
Afghanistan’s Crude Oil Refinery Union has meanwhile urged the Islamic Emirate to support local investors in the extraction process but also by establishing refineries that meet international standards.
Afghanistan’s Crude Oil Refinery Union has meanwhile urged the Islamic Emirate to support local investors
Afghanistan Chamber of Commerce and Investment (ACCI) officials meanwhile called on the ministry to also focus on increasing the operational capacity of established oil extraction companies and in building refineries instead of focusing on attracting foreign investors.
Muhammad Younus Mohmand, Vice-Chairman of the ACCI, said: “Our wish is that the refineries that people invest in, in Afghanistan, should be supported.”
According to union officials, over $300 million has already been invested in the sector in the country, providing jobs to thousands of workers.
Working towards self-sufficiency
Despite having over 200,000 square kilometers of oil and gas reserves, Afghanistan currently purchases nearly 90 percent of its oil and gas needs from Central Asian countries and Iran.
But growing interest from companies in the region could mark a significant shift in Afghanistan’s energy sector, potentially reducing its reliance on imports and boosting regional economic ties.
Earlier this month, the ministry of mines and petroleum reported that it had successfully sold $80 million in crude oil.
For Afghanistan this was a major leap in the direction of growth, especially after China’s Xinjiang Central Asia Petroleum and Gas Company’s (CAPEIC) investment in Afghanistan last year of $49 million has helped boost the country’s daily crude oil output to more than 8,000 bpd.
Spanning Afghanistan and Tajikistan, the Amu Darya basin, where oil is extracted, is estimated to contain 962 million barrels of crude oil and 52,025 billion cubic feet of natural gas.
So far, CAPEIC’s investment of $49 million in Afghanistan has helped boost the country’s daily crude oil output to more than 1,100 metric tons (8,000 barrels per day), a volume that could increase significantly.
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Business
Afghan delegation visits Belarus to strengthen economic and industrial ties
The delegation also visited major state and industrial enterprises, including, the State Chemical Service, and agricultural farms under the Ministry of Agriculture.
A high-level delegation from the Islamic Emirate of Afghanistan, led by Ahmad Jan Balal, head of the Emirati Companies, and Abdul Rahman Atash, CEO of the National Development Company, accompanied by representatives from the Ministry of Foreign Affairs and technical teams, visited Belarus to advance bilateral cooperation.
According to Nabiullah Arghandiwal, spokesperson for the National Development Company, the Afghan delegation held meetings with officials from Belarus’ Ministries of Foreign Affairs, Agriculture, and Industry to discuss political, economic, and trade-related issues.
The delegation also visited major state and industrial enterprises, including, the State Chemical Service, and agricultural farms under the Ministry of Agriculture.
Arghandiwal added that both sides agreed to strengthen and expand technical collaboration in the fields of industry, agricultural machinery, construction materials, food safety, public health, and education, aiming to enhance long-term economic and industrial partnerships between the two nations.
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Business
Afghanistan, Uzbekistan sign $300m worth of trade agreements
Turdimov underscored the long-standing historical and economic links between the two nations and noted the active role of Afghan traders in the Syrdarya region.
Afghanistan and Uzbekistan have signed 25 commercial memorandums of understanding worth more than $300 million, marking a significant boost to bilateral economic cooperation.
The agreements were concluded at a trade connectivity conference attended by Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, and the Governor of Uzbekistan’s Syrdarya region, Erkinjon Turdimov, along with senior officials and business leaders from both countries.
Azizi said there is strong political and economic momentum behind expanding bilateral ties, noting that trade between the two sides has grown at an unprecedented pace in recent years. He added that both countries aim to increase trade volumes in 2025 compared to 2024, pointing to significant untapped potential.
He also highlighted preferential trade arrangements covering eight Afghan export items and six Uzbek products.
Turdimov underscored the long-standing historical and economic links between the two nations and noted the active role of Afghan traders in the Syrdarya region.
He called for deeper cooperation in industry and manufacturing, encouraged joint development projects, and outlined Uzbekistan’s investment opportunities, including access to European export markets.
The newly signed agreements span key sectors such as construction, food products, agriculture, furniture, textiles, and pharmaceuticals, reflecting growing private-sector confidence and signaling a new phase in Afghanistan–Uzbekistan economic partnership.
Business
With Torkham closed, trade losses mount
Business groups report Pakistan’s monthly export losses nearing $177 million, with bilateral trade volumes down by more than half in recent periods.
The Torkham crossing, a critical artery for trade between Afghanistan and Pakistan has remained shut to all movement and commercial activity for more than four months, since mid-October last year, deepening economic pain on both sides.
The closure followed clashes between Pakistani and Afghan forces on the night of October 11–12.
Although a ceasefire was later brokered with mediation involving Qatar and Turkey, trade routes have remained sealed amid lingering security concerns.
Alongside Torkham, other crossings—including Kharlachi, Ghulam Khan, Angoor Adda, and Chaman—were also closed, compounding the disruption.
Traders say the economic toll is mounting rapidly. Daily export losses through Torkham from Pakistan alone are estimated at about $2 million, translating to more than $240 million over roughly 120 days.
When stalled imports, lost customs revenue, and knock-on effects are included, the damage runs far higher.
Business groups report Pakistan’s monthly export losses nearing $177 million, with bilateral trade volumes down by more than half in recent periods.
Before the shutdown, Torkham handled around 10,000 travelers a day and 500–700 cargo and passenger vehicles. Its closure has crippled border markets and logistics.
Mujeeb Shinwari, president of Pakistan’s All Customs Clearance Agents Association, said more than 150 clearance offices at Torkham have shut, idling at least 1,000 workers. “This isn’t just about closed offices,” he said. “Entire households have lost their livelihoods.”
Zakir Shinwari, head of the Torkham Labour Union, estimates that over 4,000 daily-wage earners—drivers, loaders, porters, hotel owners, and service providers—have been pushed out of work. Faisal Malook, vice president of the Landi Kotal Traders Union, described a near-total collapse of local commerce, with markets empty and livelihoods cut off.
The shutdown has also distorted prices. Afghan exports of vegetables, cotton, and especially dry fruits—almonds, raisins, figs, pistachios, and pine nuts—have stopped, driving up prices in Pakistani markets.
Meanwhile, Pakistani exports such as potatoes, citrus, bananas, jaggery, and medicines have backed up, depressing prices and inflicting losses on producers.
Beyond the immediate area, factories reliant on Afghan raw materials or markets have slowed. Hopes of wider regional integration, including major power and transit initiatives linking Central and South Asia, have dimmed as prolonged closures and instability continue to undermine confidence in overland trade routes.
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