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ACCI Criticizes Rise of Illegal, Inapposite Extortion

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(Last Updated On: October 24, 2022)

bussiness_27_12_2016_dari_sot-mpg_snapshot_00-06_2016-12-27_18-28-16Afghanistan Chamber of Commerce and Industry (ACCI) seriously criticized the increase of inapposite extortions in the country.

Chairman of ACCI declared that more than 62 cases of extortions from traders made by administrative institutions and irresponsible individuals.

“The illegal extortions is one of the serious problems of the private sector. We had presented the list of extortions to government and they promised to eradicate them all. But we have not seen any measure taken regarding this issue so far,” said Atiqullah Nasrat, head of ACCI board.

Nearly ten unions and 1300 investors have collected their problems and challenges in an agenda that the responsible officials find solutions.

The illegal extortions, corruption, Bureaucracy, obtaining  various tariffs, difficulty in obtaining business visas, smuggling goods of neighboring countries, Lack of market for goods, lack of standard ports, low loading capacity, lack of private banks, hoarding policies neighboring countries and insecurity are the main challenges mentioned in the agenda.

In the meantime, deputy minister of commerce and industry says serious measures have been taken by the government for elimination of extortions.

“Government has serious decisions in its framework to eliminate extortions in any possible way. We will announce the result to the private sector in the nearest time,” said Muhammad Qurban Haqjo, deputy minister of commerce and industry.

Officials in ACCI have warned that the exports would not grow if the government authorities do not pay serious attention to the problems of traders.

Reported by Lida Neyazi

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Acting commerce minister meets Russian deputy PM

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(Last Updated On: May 17, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, met with Russia’s Deputy Prime Minister Alexei Overchuk to discuss trade and investment, it was announced on Friday.

Sergey Pavlov, General Director of Russian Railways, and Dmitry Zverev, Deputy Minister of Transport of Russia, were also present in the meeting, the Ministry of Industry and Commerce said in a statement.

According to the statement, the two sides discussed increasing the volume of trade, preferential tariff for Afghan goods, Russian investment in mines and water dams in Afghanistan, and Afghanistan’s role in the International North–South Transport Corridor.

They also discussed about reducing the cost of transportation through the Russian railway, removing the export tax on basic materials, arranging the trip of the delegation to the ports of Astrakhan and Makhachkala, and holding a trade connectivity conference and an expo of Afghan products in Moscow.

Azizi met with the Russian deputy PM on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

He also met with representatives of a number of Tatarstan and Russia companies and encouraged them to invest in Afghanistan.

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Azizi meets with head of Tatarstan on sidelines of Kazan Forum

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(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.

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Afghanistan’s imports and exports totaled $10.3 billion last year

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(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.

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