Business
Afghan pine nuts exports increase: officials
The Ministry of Industry and Commerce have announced that exports of Afghan pine nuts have increased recently.
Officials in the ministry say that in the last eight months, more than 5,000 tons of pine nuts worth $14 million have been exported to the United Arab Emirates, China, Qatar, UK, USA, Australia, Netherlands and other countries.
“In the last eight months, pine nuts exports worth approximately 14 million dollars were exported mainly to China, India, Pakistan, the United Arab Emirates, Saudi Arabia, Qatar, US, UK, Australia, Netherlands and other countries,” said Abdulsalam Jawad Akhundzada, the spokesman of the ministry.
“Although it was the best in terms of price and quality, but most of last year’s pine nuts still remain in the markets, which should be exported to Arab countries and US through international expos, and must be supported by subsidy programs by the government to other domestic factories and should be regulated,” said Mahboobullah Mohammadi, an investor.
Meanwhile, officials in the Ministry of Agriculture, Irrigation and Livestock also say that they are trying to increase the production of pine nuts in the country. The ministry’s spokesman adds that pine nuts are produced in a traditional way, and they have managed this process properly and prevented waste.
“Pine nuts are in the natural forests, and in the forests where there are pine nuts, we have tried to increase the yield of pine nuts,” said Misbahuddin Mustain, the spokesman of the ministry.
Experts say that the government should pay more attention to the production and export of pine nuts and introduce this product in global markets.
Afghan pine nuts enjoys a special reputation. In the past years, the product used to be exported to global markets through air corridors, but now that the air corridors are not fully operational, a small amount of pine nuts is exported outside the country.
According to the Ministry of Industry and Commerce, Afghanistan exported goods worth nearly $2 billion to regional countries and beyond during the year 2023.
Its spokesman stated on Monday that Afghanistan’s exports were mainly to countries such as Pakistan, India, China, the United Arab Emirates, Kazakhstan, and Uzbekistan.
He mentioned that Afghanistan’s exports this year have increased by two percent compared to previous years and emphasized the need for world’s restrictions to be lifted for the development of Afghanistan’s trade.
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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