Business
ACCI officials predicting employment opportunities within next 3 months
Afghanistan Chamber of Commerce and Industries (ACCI) published a new report analyzing the current situation of Afghanistan markets worrying.
The report is indicating that currently investors are hopeful for a bright future of investment in Afghanistan, but unfortunately the investors faced with great challenges during 2014.
Atiqullah Nasrat, Chief Executive Officer of ACCI said,” security challenges after the BSA signed between Kabul and Washington, delays in cabinet formation, acting ministers and governors in governmental institutions during the last six months were the challenges hugely affected on Afghan businessmen, investors and employers, but fortunately the economical situation is getting better now”.
He also added that according to our poll in five major cities of Afghanistan 80% of the companies operating in Afghanistan were not operational during the last six months.
Mr. Nasrat said that the report show that 77% of the companies have declared that they have litter or no access to power.
ACCI officials are hopeful about the economical situation of Afghanistan in the future saying,” Our forecast show that the National Unity Government will pave the way to provide a good environment for employment and the companies will start recruiting people,” Mr. Nasrat said.
These optimisms raises while the nominated ministers for economical sectors could not obtain vote of confidence from Afghan Parliament last week and MPs left the House for their winter vacations, yet the new candidates to be introduced by the NUG.
Reported By: Nematullah Ahmadi
Business
Azizi calls on Malaysian investors to invest in Afghanistan
Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.
The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.
According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.
According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.
Business
Afghanistan starts exporting via railway to Turkey
The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.
In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”
The ministry added that one train will run daily for a month and then two trains will run daily.
According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.
Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.
As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.
This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.
Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.
“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”
According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.
Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.
During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.
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