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Afghan pine nuts exports increase: officials

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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.

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Iraqi intelligence report alleges oil smuggling network supplying Afghanistan and Turkey through Iran

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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An Iraqi intelligence report obtained by Sky News Arabia has revealed alleged large-scale crude oil smuggling operations from northern Iraq into Iran, where the oil is reportedly refined and later sold in regional markets, including Afghanistan and Turkey.

According to the report, shipments of crude oil are transported through land routes and unofficial trade channels into Iranian territory, where they undergo refining and processing before being re-exported to foreign markets.

The intelligence findings suggest that the alleged network is designed to bypass international sanctions and facilitate the movement of petroleum products outside official trade and financial monitoring systems.

The report further indicates that smuggling networks rely on informal transportation routes and cross-border commercial channels to maintain the collection, processing and distribution of oil products while avoiding regulatory oversight.

The revelations have raised concerns over cross-border smuggling, the loss of national resources and the potential impact of illicit oil trade on regional economies.

Security and political observers say the reported activities could put additional pressure on Iraqi authorities to strengthen border controls, monitor oil transportation routes and improve coordination with regional and international partners.

However, the allegations outlined in the intelligence report have not been independently verified, and further details about the networks involved, the quantities of oil transported and the scale of supplies reaching Afghanistan and Turkey remain unclear.

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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$30 million pharmaceutical investment launched in Herat as new production line opens

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

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The foundation stone has been laid for three new pharmaceutical production blocks at Ovison Pharma in Herat, with an investment of $30 million, while the factory’s new serum and injectable production line has also been inaugurated.

The new production blocks will be constructed on a 3,000-square-metre site, with each facility planned to have five floors. Equipped with advanced machinery and designed to meet international standards, the expansion is expected to significantly increase the factory’s pharmaceutical production capacity.

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

The expansion marks a significant step toward strengthening Afghanistan’s pharmaceutical industry, increasing domestic production and reducing the country’s reliance on imported medicines.

The investment is also expected to support the development of local manufacturing capacity and improve access to domestically produced pharmaceutical products.

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Afghanistan approves new foreign investment policy in bid to attract international investors

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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Afghanistan’s Economic Commission has approved a new foreign investment policy aimed at attracting international investors, improving investment opportunities and supporting the country’s economic growth.

The decision was made during the commission’s regular meeting, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, at the Marble Palace on Monday.

According to the Deputy Prime Minister’s Office for Economic Affairs, the proposed policy was presented by a committee established under the leadership of the economic deputy office. Following a comprehensive review and consideration of the commission’s recommendations, the policy was approved.

The policy aims to regulate foreign investment activities, facilitate investment procedures, create a favourable environment for investors, ensure investment security and promote Afghanistan’s economic growth and development.

During the meeting, the commission also approved a proposal concerning the payment of fixed taxes by commercial import companies at the country’s customs offices.

Officials said implementing the proposal would create additional facilities and simplify procedures for importing businesses.

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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