Connect with us

Business

ADB suspends TAPI project until IEA gains international recognition

Published

on

The Asian Development Bank (ADB) has confirmed that work on the trans-nations Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project has been suspended until the Islamic Emirate of Afghanistan (IEA) government has gained international recognition.

In response to an email sent to the ADB by Ariana News, an official confirmed that the project has been put on hold.

He said the ADB “has paused all its TAPI project due diligence and processing activities until further notice.”

According to the ADB, while the international community continues to assess the evolving situation in Afghanistan, the bank has decided to hold off on its assistance in Afghanistan. The official said the ADB however continues to consult with its shareholders and other stakeholders to monitor the situation in Afghanistan.

The $10 billion TAPI project to transport Turkmen natural gas through Afghanistan to Pakistan and India is one of the largest economic projects to date in the region.

“Some time ago, the Pakistani Minister of Economy said that we have a security problem and we cannot complete this project, and they have a problem with the fact that they want to eliminate India, but India will not be eliminated by Turkmenistan, which in fact is India’s last TAPI station, ” said Sayed Massoud an economic analyst.

IEA officials meanwhile said about two weeks ago that they had met with the TAPI project chief executive and the Turkmen ambassador to Kabul to discuss the project.

“The TAPI project is so important that it will change not only Afghanistan but also the region’s economy, and its first implication for Afghanistan is that it gives Afghanistan an international value.

“Second, common economic provisions create security and increase economic cooperation,” said Shirbaz Kaminzada, the President of the Afghanistan Chamber of Industries and Mines.

The TAPI project stretches for about 1,800 km and will transport about 33 billion cubic meters of Turkmen natural gas annually through Afghanistan to Pakistan and India.

Business

Dogharoun handles 60% of Iran’s exports to Afghanistan

Modoudi invited machinery manufacturing companies in Iran to establish operations in the area.

Published

on

Mohammadreza Modoudi, CEO of the Dogharoon Free Zone, has criticized what he described as the neglect of Dogharoun’s potential, saying Iran ranks first among all countries in terms of exports of goods to Afghanistan.

He said 60 percent of this large volume of exports passes through the Dogharoun border crossing, adding that, despite this, the region’s significant potential has been overlooked.

Modoudi invited machinery manufacturing companies in Iran to establish operations in the area.

He said it is time to take a realistic approach and transform Dogharoun from a transit route into a major hub for production, value-chain development and a driving force for international trade.

Continue Reading

Business

EU and FAO launch €5m programme to strengthen Afghanistan’s agrifood sector

FAO Representative in Afghanistan Richard Trenchard said agrifood businesses had shown potential to grow and create jobs despite difficult conditions.

Published

on

The European Union (EU) and the Food and Agriculture Organization of the United Nations (FAO) have launched a €5 million initiative to help Afghan farmers and agribusinesses access markets, improve incomes and withstand climate and economic shocks.

The programme will target vulnerable households, including returnees, internally displaced people and host communities, particularly in areas affected by food insecurity, climate risks and limited economic opportunities. Women and youth will be key beneficiaries.

Four one-stop service hubs will connect farmers and rural entrepreneurs with agricultural advice, specialised services, businesses and markets. Farmers will also gain access to FAO climate analysis and early-warning information to help them make timely production and marketing decisions.

The initiative will restore 2,000 hectares of degraded forests and rangelands and support 250 women- and community-led nurseries, combining environmental protection with new livelihood opportunities.

FAO will also provide matching grants and technical and business support to established agrifood and environmentally sustainable enterprises with growth potential. Participating businesses will contribute their own resources, helping expand processing, source from more local farmers and create rural jobs.

Nicola Bellomo, the EU’s new Chargé d’Affaires for Afghanistan, said the programme reflected the EU’s commitment to food security and economic empowerment.

“Afghanistan’s agricultural potential remains undervalued and constrained by the country’s extreme climate vulnerability,” Bellomo said, adding that the partnership would strengthen agricultural services, support agribusiness growth and promote nature-based solutions.

FAO Representative in Afghanistan Richard Trenchard said agrifood businesses had shown potential to grow and create jobs despite difficult conditions.

“When farmers can produce with confidence, businesses can grow and products can reach markets, agriculture becomes a powerful engine for recovery and resilience,” he said.

Continue Reading

Business

UAE firm eyes investment in Salang’s second tunnel and pharmaceutical factories

The proposals will be submitted to the Inter-Ministerial Investment Committee for further review and discussion.

Published

on

A United Arab Emirates-based company, HHM Global Industry Group, has expressed interest in investing in the construction of the second Salang Tunnel and establishing pharmaceutical factories in Afghanistan.

The issue was discussed at a regular meeting of the Inter-Ministerial Investment Committee, held on September 8, 2026, at the Marble Palace under the Economic Deputy Office of the Prime Minister’s Office.

The committee welcomed the company’s interest in investing in Afghanistan and assured its representatives that the relevant ministries and government agencies are prepared to provide comprehensive cooperation.

Following extensive discussions, company officials were asked to prepare detailed investment proposals for the construction of the second Salang Tunnel, pharmaceutical manufacturing facilities, as well as other potential investment projects.

The proposals will be submitted to the Inter-Ministerial Investment Committee for further review and discussion.

If implemented, the proposed investments could contribute to the development of Afghanistan’s transport infrastructure and strengthen domestic pharmaceutical production.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2026 Ariana News. All rights reserved!