Business
Afghan cargo trucks can travel freely to all parts of Pakistan
The officials of the Islamic Emirate of Afghanistan (IEA), and Pakistan agreed that from now on Afghan trucks will not be unloaded in Peshawar and Quetta of Pakistan.
The IEA and the Pakistani delegation in Kabul agreed in Tuesday’s meeting that from now on Afghan trucks will not be unloaded in Peshawar and Quetta, but will travel freely to all parts of Pakistan.
According to IEA, the same facility has been considered for Pakistani trucks when crossing Afghanistan to the Central Asia countries.
The two sides have also agreed to keep the price of coal unchanged and to facilitate trade in this field.
The two sides have also formed a joint committee for further monitoring.
In a separate meeting with IEA’s acting foreign minister, the Pakistani delegation has once again emphasized the expansion of trade relations between the two countries and said that they want to jointly invest with Afghan investors in electricity generation so that Pakistan can get electricity instead of importing coal from Afghanistan.
In this meeting, Amir Khan Muttaqi, the IEA’s acting foreign minister, emphasized that the policy of the Islamic Emirate is to make Afghanistan the economic crossroads of the region.
Both the Ministry of Foreign Affairs and the Pakistani delegation agreed that they will provide the necessary facilities in the fields of export, import and passenger movement between the two countries.
Afghan Acting Minister of Industry and Commerce Nooruddin Azizi on Tuesday said that the country is holding talks with a Pakistani delegation to sign an agreement to facilitate bilateral trade.
A trade delegation from Pakistan, led by Commerce Secretary Saleh Farooqui, arrived in Kabul on Monday evening to hold talks on coal imports as well as transit and barter trade between the two countries.
“The barter trade, which is a serious issue for Afghan traders, cross-staffing, the trade of materials, and coal will be discussed,” the acting Minister of Commerce and Industry Azizi said. Pakistan’s Commerce and Industry Ministry had earlier said that delegates will hold talks regarding trade, transit and transportation with the Afghan authorities.
Afghanistan Chamber of Commerce and Investment (ACCI) had also said that Islamabad was trying to boost its trade with Afghanistan, local media reported.
Kabul had earlier raised coal prices for Pakistan, two days ahead of the delegation’s visit. The coal price has increased from USD 200 to USD 280 per tonne. The price of coal was increased owing to the constant surge of price in the global market, Afghanistan’s Ministry of Minerals and Petroleum spokesperson Ismatullah Burhan said adding that 10,000 tons of coal are exported to Pakistan every day earning the country millions.
Earlier this month, the IEA had increased the price of coal by 30 percent after Pakistan Prime Minister Shehbaz Sharif approved importing of coal from Afghanistan. As per Sharif, Pakistan would save more than two billion dollars by importing coal from Afghanistan.
Sharif had approved the import of super-critical quality coal from Afghanistan in Pakistani rupee instead of dollars to help generate low-cost electricity in his country.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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