Connect with us

Business

Afghan Electric Transformer Manufacture Company Inaugurated in Kabul

Published

on

Last Updated on: October 24, 2022

1A $ 6 million electric transformer manufacture company owned by an Afghan was inaugurated in Kabul, to manufacture electric transformers with high quality with the cooperation of the Turkish engineers, the company would annually produce 900 electric transformers.

Owner of the company Abdul Satar Rahimi stated that efforts are underway to manufacture electric transformers with high quality and standard.

He said, “Today we are witnessing other step is taken towards the self-sufficiency of our country.”

In current condition investors are rarely dare to invest in Afghanistan, but officials in Ministry of commerce and industry admire and encourage the investors to invest in the country, but at the main time criticize the miss management economy.

Deputy Minister of commerce and industry Mohammad Qurban Haqjo said, “ Unfortunately we did not manage our economy well in the past years, now we would not witness huge number of investors to leave the country, hot and serious discussion is taken place, necessary supports and measurements is paved to draw more investors.”

Meanwhile second deputy of the Chief Executive Mohammad Mohaqiq insisted that the private company’s manufacture should be standard.

He said, “in order to help the newly inaugurated companies to sell the manufactures in the markets with high standards, the products should meet all the requirements of Ministry of commerce and industry and Da Afghanistan Breshna Sherkat.”

Based on the estimation of the Ministry of commerce and industry 80 percent of the electric tools with the cost of $ 200 million is being imported annually from abroad.

Reported by: Lida Naizi

Advertisement

Business

Uzbekistan reports strong surge in trade with global partners led by China

China accounts for 23.6% of total foreign trade turnover, followed by Russia with 17.2%, Kazakhstan with 6.9%, Turkey with 3.5%, and Afghanistan with 2.8%.

Published

on

Uzbekistan has recorded a significant increase in foreign trade during January–April 2026, driven by expanding economic ties with China and steady growth across Central Asia, the Middle East, and Europe, according to official statistics.

Data from the National Statistics Committee show that China remained Uzbekistan’s largest trading partner, with bilateral trade reaching $6.23 billion, up sharply from $4.17 billion in the same period last year. Russia followed with $4.52 billion, while Kazakhstan ranked third at $1.81 billion.

Other key partners included Turkey, Afghanistan, South Korea, the United Arab Emirates, and France, with additional growth recorded in trade with Germany, India, Belarus, Kyrgyzstan, and several other countries.

The fastest-growing trade relationships were seen with the United Arab Emirates, Ireland, Afghanistan, and Vietnam, highlighting Uzbekistan’s continued efforts to diversify its external economic partnerships.

Overall, Uzbekistan now maintains trade relations with more than 175 countries. China accounts for 23.6% of total foreign trade turnover, followed by Russia with 17.2%, Kazakhstan with 6.9%, Turkey with 3.5%, and Afghanistan with 2.8%.

Exports remain largely dominated by goods, making up 65.3% of outbound trade, including industrial products, chemicals, manufactured goods, and food products, according to official data.

Continue Reading

Business

Tashkent Deputy Governor set to visit Kabul with Uzbek trade delegation

The Deputy Governor accepted the invitation and said he plans to travel to Kabul in the coming months at the head of a trade delegation.

Published

on

Sayed Karim Hashemi, Director General of the Afghanistan Chamber of Commerce and Investment (ACCI), has met with the Deputy Governor of Tashkent to discuss expanding trade and economic cooperation between Afghanistan and Uzbekistan.

During the meeting, Hashemi highlighted the growing economic ties between Kabul and Tashkent, noting that the ACCI has hosted several Uzbek governors and trade delegations in recent years. He also expressed satisfaction with the increase in bilateral trade between the two countries and invited the Tashkent Deputy Governor to visit Kabul.

The Deputy Governor accepted the invitation and said he plans to travel to Kabul in the coming months at the head of a trade delegation.

He welcomed the expansion of cooperation between the chambers of commerce of Afghanistan and Uzbekistan and described the establishment of Uzbek trade houses in Kabul, Balkh, Herat, and Nangarhar provinces as a significant step toward strengthening trade relations.

The Tashkent official also emphasized the importance of sustaining economic and commercial cooperation and pledged continued support for Afghanistan’s private sector through all available means.

Continue Reading

Business

Afghanistan highlights strategic connectivity role at Termez Dialogue

Azizi stressed that shared economic interests can play a crucial role in fostering lasting peace, mutual trust, and regional stability.

Published

on

Afghanistan has reaffirmed its commitment to regional economic integration, highlighting its strategic position as a vital link between Central and South Asia during the second Termez Dialogue on Connectivity.

Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, participated in the forum, which brought together senior government officials, representatives of the United Nations, the European Union, and regional organizations under the theme, “Peace, Connectivity and Prosperity: Building the Foundations of Shared Development.”

Addressing the high-level session virtually, Azizi emphasized Afghanistan’s vision of expanding regional trade, strengthening economic cooperation, and maximizing the country’s transit potential.

According to the Ministry of Industry and Commerce, Azizi noted that Afghanistan’s geographic location uniquely positions it to serve as a bridge between Central and South Asia, facilitating the movement of goods, investment, and people across the region.

He also highlighted the Trans-Afghan Railway Project as a key regional connectivity initiative, saying it would help link rail networks, boost trade and transit, and deepen economic cooperation among participating countries.

Azizi stressed that shared economic interests can play a crucial role in fostering lasting peace, mutual trust, and regional stability.

Representatives from Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Azerbaijan, India, and Bangladesh also attended the dialogue, underscoring the importance of expanding economic partnerships and developing new trade corridors.

Afghanistan’s participation reflects its growing role in regional transit and infrastructure initiatives aimed at strengthening connectivity and economic growth across Central and South Asia.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!