Business
Pakistan suspends import of coal, soapstone from Afghanistan, demands proof of origin
The requirement caught traders off guard, leaving hundreds of trucks stranded on the Afghan side and causing panic among importers and transporters ahead of Eid al-Adha
Imports of coal and soapstone from Afghanistan have come to a standstill at Torkham, Ghulam Khan, and Kharlaachi border crossings after Pakistani customs authorities made the certificate of origin mandatory for clearance.
The requirement, imposed this week, caught traders off guard, leaving hundreds of trucks stranded on the Afghan side and causing panic among importers and transporters ahead of Eid al-Adha.
Traders say the sudden halt—without prior notice—disrupted plans and delayed cargo meant for industrial use in Punjab and for export via Karachi.
Officials fear some goods may not genuinely originate from Afghanistan, prompting the documentation demand. Discussions with Afghan authorities on issuing the required certificates had previously stalled over technical issues like weight and value discrepancies.
Mujjebullah Shinwari, president of the Torkham Customs Clearing Agents Association, confirmed that efforts are underway to secure a temporary waiver for consignments already in transit.
“We’ve requested urgent relief from authorities in Islamabad and Kabul to ease pressure before Eid,” Shinwari said.
Traders remain hopeful for a resolution, warning that prolonged delays could disrupt supply chains and trade flow between the two countries.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
Business
Turkmenistan, Afghanistan discuss steps to speed up land acquisition for TAPI pipeline
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
Officials from Turkmenistan and Afghanistan have held talks aimed at accelerating land acquisition for the long-planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, according to Afghanistan’s Ministry of Agriculture, Irrigation, and Livestock.
The issue was discussed during a meeting between TAPI project head Murad Amanov, Afghanistan’s acting Minister of Agriculture, Irrigation, and Livestock Mullah Attaullah Omari, and Turkmenistan’s ambassador to Afghanistan Hoja Ovezov.
Amanov briefed Afghan officials on recent progress and emphasized the need to accelerate procedures related to land acquisition and the determination of land prices in line with the framework agreement signed by the four participating countries.
Meanwhile, vessels operated by the Azerbaijan Caspian Shipping Company (ASCO), part of AZCON Holding, have begun transporting pipes for the project. The shipments are being carried from the Port of Baku to the Turkmenbashi International Seaport.
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
-
Latest News4 days agoPakistani shelling hits Kunar districts despite ‘pause in hostility’ over Eid
-
Sport3 days agoAfghanistan national buzkashi falls short in Kokpar World Championship semifinals
-
Regional4 days agoPakistan among top nuclear threats to America, US intelligence chief tells senate
-
Sport2 days agoIreland to host Afghanistan for ODI series in August
-
Latest News5 days agoPeshawar High Court grants bail to 68 detained Afghan nationals, including minors
-
World4 days agoUS weighs troop deployment as Iran war enters new phase
-
Latest News3 days agoMojtaba Khamenei calls for improved Afghanistan–Pakistan relations, offers help
-
Latest News4 days agoSecurity Sources: Pakistani military shelling in Kunar and Nuristan leaves female doctor dead
