Connect with us

Business

Afghan and Pakistan officials negotiate double taxation agreement

Published

on

Afghanistan and Pakistan have negotiated a Double Taxation Agreement (DTA) which will help strengthen existing economic and trade ties.

The tax treaty was agreed to during negotiations between officials from the Afghan Ministry of Finance and Pakistan’s Federal Board of Revenue (FBR) officials in Islamabad but still needs to be finalized.

The Afghan ministry of finance said the main purpose of its visit by officials to Pakistan was to discuss ways to avoid double taxation.

The agreement on the avoidance of double taxation addresses the issue of mutual taxation and that traders operating in both Afghanistan and Pakistan will be taxed in only one country.

The finance ministry said it had already held encouraging talks with the United Arab Emirates, India, Iran and Turkey on the same issue.

The first round of negotiations on the DTA between Pakistan and Afghanistan was held in March 2016 but no agreement was finalized.

Now, however, Islamic Emirate of Afghanistan (IEA) officials are hopeful that the agreement will be finalized during this round of negotiations so that the treaty can be implemented by both countries.

Business

Ariana Afghan Airlines lowers cargo rates on Kabul–Delhi route to boost exports

Published

on

Ariana Afghan Airlines has announced a reduction in cargo service rates on the Kabul–Delhi route as part of efforts to support Afghanistan’s trade and export sector.

The airline said the new cargo rate has been set at $1.20 per kilogram, a move intended to make air freight more affordable and accessible for Afghan traders and exporters.

Bakht-ur-Rahman Sharafat, head of Ariana Afghan Airlines, said the decision is expected to play a significant role in increasing exports of domestic products and strengthening commercial activity between Afghanistan and India.

He added that Ariana will continue to introduce new measures in the future to improve its services and better meet the needs of its customers.

 
 
 
Continue Reading

Business

Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million

Published

on

Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.

The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.

Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.

Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.

Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.

The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.

Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.

The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.

Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.

Continue Reading

Business

New Afghanistan-China transport corridor launched via Turkmenistan

Published

on

A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.

According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.

The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.

Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.

Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.

 

 

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!