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Acting Minister of Mines and Petroleum meets Russian investor

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(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.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

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.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

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.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

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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