Afghan-Kazak private sectors seal deals worth $100 million

The Ministry of Commerce and Industry of Afghanistan announced on Thursday contracts worth more than $100 million have been signed between the private sector of Afghanistan and Kazakhstan in a bilateral meeting in Astana.

According to the ministry, a meeting was held between the delegation of the Islamic Emirate of Afghanistan, led by Nooruddin Azizi, the minister of commerce and industry of the Islamic Emirate, and Kazakh authorities, led by Zhumangarin Serik, the deputy prime minister and minister of trade and integration.

During the meeting, the two sides discussed the results of the trade communication meetings and the holding of Kazakh-Afghan exhibitions, facilities in the field of transit and trade, banking between the two countries, new technologies for irrigation management and water conservation, logistics centers in the land ports of Aqena and Turghondi, the Kazakhstan Chamber of Commerce in Herat, three-way transit, the cost of transporting goods and bringing facilities in the field of transportation, and overall increasing the level of trade, investments and signing of agreements.

It was also announced that as a result of bilateral business meetings between the private sectors of the two countries, contracts worth more than $100 million have been signed.