Connect with us

Business

Acting head of Turkish embassy in Kabul meets with head of Ministry of Transport

Published

on

(Last Updated On: January 17, 2024)

In a meeting with Hamidullah Akhundzadah, acting Minister of Transport and Civil Aviation of Afghanistan, the head of Turkish Embassy in Kabul discussed the resumption of Turkish Airlines flights.

In this meeting, both sides discussed bilateral transport and transit cooperation, strengthening relations between the two countries, and other topics.

The Turkish ambassador said that as the overall security in Afghanistan has improved, he wants to strengthen relations with Kabul in the field of air and land transport.

Business

MoU signed for start of Trans-Afghan railway feasibility studies

Published

on

(Last Updated On: February 20, 2024)

The Afghanistan Railway Authority (ARA) announced on Tuesday a memorandum of understanding (MoU) had been signed for feasibility studies on the Trans-Afghan railway project.

ARA said that the head of the organization, Bakhtur Rahman Sharafat, signed the MoU during his visit to Uzbekistan on Monday. The MoU was signed between Uzbek and UAE officials and Afghanistan.

ARA said once the feasibility study has been completed, results will be shared with various stakeholders including financial institutions, countries and businessmen from Afghanistan, Uzbekistan and Pakistan.

Officials attending Monday’s meeting also decided a virtual meeting would be held on Wednesday with Qatari and Pakistani officials.

The Trans-Afghan railway once completed will connect Central Asia with South Asia.

Starting in Balkh’s Mazar-e-Sharif, the 647km line will pass through Samangan, Baghlan, Bamiyan, Maidan Wardak, Logar and Paktia provinces and on to Pakistan.

This project has been under discussion for many years. After regaining power, the Islamic Emirate approved the initial survey which was successfully completed by the technical teams of Afghanistan, Uzbekistan, and Pakistan Railways.

ARA has meanwhile said it once again invites countries, financial organizations and businessmen to invest in Afghanistan railway projects.

Continue Reading

Business

Import, export volumes total $7.5 billion in 1st nine months of this solar year

Published

on

(Last Updated On: February 19, 2024)

Afghanistan’s export and import volumes totaled $7.5 billion in the first nine months of this solar year – 1402, the National Statistics and Information Authority (NSIA) said on Monday.

NSIA said exports totaled $1.35 billion while imports amounted to $6.22 billion.

Last solar year, 1401, saw exports total $1.37 billion while imports totalled $5.12 billion.

NSIA said most exports went to Pakistan ($689.9 million), followed by India ($463 million) and the UAE ($32 million).

The most popular export item was dried fruit, which totaled $342.7 million. Medicinal plants, minerals and fresh fruit were second, third and fourth respectively.

The authority stated that the most imported items in the first nine months of this solar year came from Iran and totaled $1.31 billion.

Goods from Pakistan followed totaling $1.15 billion and then China with goods worth $1.14 billion.

Imports were dominated by fuel, petroleum and gas, at $1.1 billion, followed by machinery, vehicles and spare parts which totaled $691.9 million.

Other high volume goods included textiles, metals and metal products.

Continue Reading

Business

Acting Minister of Mines and Petroleum meets Russian investor

Published

on

(Last Updated On: February 19, 2024)

Shahabuddin Delawar, Acting Minister of Mines and Petroleum, met with the Russian investor on Sunday in his office and discusses investment opportunities in Afghanistan.

The Ministry of Mines and Petroleum says that in this meeting, the Russian investor, while providing information about the company’s work experience and activities, said: “Our company has 120 years of work experience in the countries of Iran, Iraq, Syria and Tajikistan with advanced and modern equipment that we have, we are ready to cooperate and start work in Afghanistan.”

In this meeting, he also talked about the production of 150 megawatts of electricity from garbage and said that our company is ready to cooperate and work on solving the problem of garbage and generating electricity from it.

The Russian company also gave information about their facilities and equipment in the oil and gas sector and electricity generation from gas, expressed their interest in investing in the oil and gas sector of Afghanistan and requested the support and cooperation of the Ministry of Mines and Petroleum.

The Ministry of Mines and Petroleum stated that the acting minister welcomed their plans and ideas in the country’s oil and gas sectors and electricity generation from waste, adding: “Afghanistan enjoys overall security and there is a suitable environment for foreign businessmen to invest.”

According to the Acting Minister of Mines and Petroleum, businessmen can invest in a safe, transparent and corruption-free environment, and the leadership of the Ministry of Mines and Petroleum is also ready to cooperate in this field.

Continue Reading
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2022 Ariana News. All rights reserved!