Business
Afghan traders sign deal to import pharmaceuticals from Bangladesh
Under the agreement, Afghan traders will enter into direct contracts with Bangladeshi producers to supply medicines to the Afghan market.
Afghan traders have signed an agreement with major Bangladeshi pharmaceutical companies to import medicines directly from Bangladesh, a move that comes as Afghanistan prepares to halt the customs clearance of medicines imported from Pakistan.
The deal was reached during a visit to Dhaka by a delegation led by the Deputy Minister of Commerce and Industry, Mawlawi Ahmadullah Zahid, according to a statement from the Ministry of Commerce and Industry.
The delegation visited two of Bangladesh’s largest pharmaceutical manufacturers — BEXIMCO Pharmaceuticals Ltd and RENATA PLC — both of which export medicines to around 50 countries.
Under the agreement, Afghan traders will enter into direct contracts with Bangladeshi producers to supply medicines to the Afghan market.
During the visit, Mawlawi Zahid also invited Bangladeshi investors to establish pharmaceutical production facilities inside Afghanistan, stressing that nationwide security has been ensured and that the Islamic Emirate of Afghanistan supports industrial development and investment.
He said the government has provided all necessary facilities for investors and is committed to supporting domestic production.
Meanwhile, Dr. Naimullah Ayoubi, Director General of the Regulation of Medicines and Health Products at the Ministry of Public Health, assured Bangladeshi manufacturers of full cooperation in line with existing regulations.
The agreement follows an announcement by Afghan authorities that medicines imported from Pakistan will no longer be cleared through customs after the remaining 19-day grace period expires, prompting traders to seek alternative supply sources to ensure the continued availability of medicines in the country.
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Afghanistan, Uzbekistan discuss expanding economic, trade and investment cooperation
For his part, Khojayev said Uzbekistan is prepared to invest in Afghanistan’s mining sector and increase imports of Afghan meat and cotton.
Afghanistan’s Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar, met on Sunday with Uzbekistan’s Deputy Prime Minister, Jamshid Khojayev, and his accompanying delegation at the Chahar Chinar Palace in the Arg to discuss expanding bilateral economic cooperation.
The two sides held talks on strengthening economic, trade, investment, and transit cooperation between Afghanistan and Uzbekistan.
Baradar said stronger and more stable relations between Kabul and Tashkent would not only serve the economic interests of both countries but also contribute to regional stability. He added that the Islamic Emirate is ready to use all available capacities to further strengthen and expand bilateral ties.
He emphasized the effective implementation of the joint action plan between the two countries, describing it as an important step toward boosting economic growth.
Baradar also identified several priority areas for cooperation, including removing obstacles to the movement of Afghan export vehicles to Uzbekistan, granting exemptions for Afghan transit goods arriving from China, Central Asia, and Russia, facilitating exports of Afghanistan’s agricultural products, fresh and dried fruits, food products, and valuable minerals to the markets of Central Asia, Russia, and China, increasing the capacity of transit infrastructure, expanding customs facilities, easing the issuance of visas for Afghan citizens, and enhancing cooperation in the energy sector and joint infrastructure projects.
He said broader cooperation between Afghanistan and Uzbekistan would not only elevate bilateral economic relations but could also serve as a model of good neighborly relations for other countries in the region.
For his part, Khojayev said Uzbekistan is prepared to invest in Afghanistan’s mining sector and increase imports of Afghan meat and cotton.
He also announced Uzbekistan’s readiness to build a $50 million zinc processing plant in Hairatan.
Khojayev added that the Uzbek delegation would work with relevant institutions of the Islamic Emirate in the areas of transport, energy, agricultural development, banking, trade, economic cooperation, and capacity-building for Afghan citizens.
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