Connect with us

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.

Published

on

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.

Business

Economic Commission approves expansion of Sher Khan port to boost regional trade

The commission also approved extending the port’s operating hours in coordination with Tajikistan to facilitate the movement of a greater number of commercial vehicles and improve cross-border trade.

Published

on

Afghanistan’s Economic Commission has approved a series of measures to expand the capacity of Sher Khan Port in an effort to strengthen trade with Tajikistan, Kyrgyzstan, and China.

The commission, chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar, met on Tuesday to review proposals submitted by the Ministry of Transport and Civil Aviation aimed at increasing regional trade through the northern border crossing.

According to the approved plan, the Ministries of Finance, Interior, and other relevant institutions will develop new infrastructure at Sher Khan Port and expand existing facilities to accommodate growing trade volumes.

The commission also approved extending the port’s operating hours in coordination with Tajikistan to facilitate the movement of a greater number of commercial vehicles and improve cross-border trade.

In addition, the Ministry of Finance was instructed to allocate funding for the construction of a logistics center at Sher Khan Port. The facility will provide customs services, warehousing, cargo handling, and freight-loading operations to streamline trade activities.

The meeting also directed the Ministry of Public Works to construct the necessary railway infrastructure inside Afghanistan to activate the ECO railway corridor, a regional transport initiative linking Iran, Afghanistan, Tajikistan, and Kyrgyzstan under the framework of the Economic Cooperation Organization (ECO).

Separately, the commission decided that several state-owned entities will transfer their scrap iron to the National Development Company, which will process the material into standard steel reinforcing bars (rebar) for use in major government infrastructure projects.

The commission also endorsed 37 national standards and 12 testing methods proposed by the National Standards and Quality Authority. The standards cover agricultural products, food items, pharmaceuticals, construction materials, telecommunications and electrical equipment, chemicals, plastics, medical equipment, and several other sectors. Officials said the standards were developed in line with Afghanistan’s current needs and international benchmarks.

The meeting concluded with the presentation of follow-up reports on a number of ongoing issues, and relevant institutions were given the necessary directives. All decisions adopted during the session have been forwarded to the Office of the Supreme Leader for final approval.

Continue Reading

Business

Afghanistan, Uzbekistan sign $50 million worth of trade agreements at Mazar-e-Sharif forum

The business forum reflects ongoing efforts by both countries to deepen commercial ties and promote regional economic integration through increased private-sector engagement.

Published

on

Afghanistan and Uzbekistan signed 25 cooperation agreements worth $50 million during a bilateral business forum held in the northern city of Mazar-e-Sharif, officials said.

Faiz Ahmad Khawafi, Deputy for Provincial Affairs at the Afghanistan Chamber of Commerce and Investment, said the agreements were signed in the presence of 130 Uzbek businessmen and investors, the governor of Uzbekistan’s Fergana region, as well as Afghan local officials and private sector representatives.

According to Khawafi, the agreements aim to expand bilateral trade, boost investment, and strengthen economic cooperation between Afghanistan and Uzbekistan.

The business forum reflects ongoing efforts by both countries to deepen commercial ties and promote regional economic integration through increased private-sector engagement.

Continue Reading

Business

Iran seeks to establish free trade zone with Afghanistan and China

Published

on

Iranian officials have announced that they are pursuing a plan to establish a trilateral free trade and industrial zone between Iran, Afghanistan, and China aimed at expanding economic cooperation, attracting foreign investment, and strengthening transit routes.

Morteza Zakarian, Director General of Economic and Financial Affairs of Iran’s South Khorasan Province, said the proposal was put forward based on the geographical, mining, and transit capacities of the three countries, and that administrative and expert reviews of the plan are ongoing.

Speaking at a meeting with a Chinese economic delegation at the South Khorasan Special Economic Zone, Zakarian said the Iran-Afghanistan-China route could serve as a secure and sustainable corridor, creating opportunities for expanded trade and economic cooperation among regional countries.

He added that the proposal to establish the trilateral free trade zone was presented by the provincial governor during the Iranian president’s visit to South Khorasan in 2025.

Zakarian stressed that the implementation of the project should not rely solely on government resources, adding that the private sector, particularly Chinese investors, could play an important role in making the plan a reality.

The Director General of Economic and Financial Affairs of South Khorasan highlighted the province’s border location with Afghanistan, mineral resources, workforce, available land for economic projects, and position along major transit routes as key advantages.

He said Afghanistan’s mineral resources, rare elements, and transit position, along with China’s investment capacity, financing potential, and technological expertise, could contribute to this economic cooperation model.

Zakarian also noted the growing presence of Chinese investors in South Khorasan, saying that 12 investment projects by Chinese nationals have so far been approved in the province, with more than half receiving approval over the past two years.

 
 
 
Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!


Warning: Undefined array key "slug" in /var/www/vhosts/ariananews.af/httpdocs/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /var/www/vhosts/ariananews.af/httpdocs/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /var/www/vhosts/ariananews.af/httpdocs/wp-includes/class-wp-theme-json.php on line 2117