Business
Afghanistan and Turkmenistan sign $5 million agreement for Torghundi Port development
The initiative is intended to strengthen regional transport connectivity and improve transit efficiency between South and Central Asia.
Afghanistan and Turkmenistan have signed a $5 million agreement aimed at developing infrastructure at the Torghundi Port, a critical trade gateway linking the two countries.
The initiative is intended to strengthen regional transport connectivity and improve transit efficiency between South and Central Asia.
The Ministry of Public Works of Afghanistan confirmed that the agreement was signed between the ministry’s Railway Directorate and Turkmenistan’s state-owned Demiryollary Gurlushyk, a railway construction company.
The deal forms part of a broader bilateral effort to align the countries’ railway networks and streamline cross-border trade.
According to the ministry’s statement, the agreement will see the Turkmen firm design and construct modern loading and unloading facilities, including warehouses, along the Torghundi–Herat railway line. These upgrades are expected to increase cargo-handling capacity and operational efficiency at the port.
Officials noted that the Torghundi Port development represents a key milestone in Afghanistan’s efforts to position itself as a land bridge for regional commerce. The improved infrastructure is expected to boost the volume of imports and exports passing through the port and enhance Afghanistan’s role in cross-border logistics.
The agreement follows a series of recent initiatives by both Afghanistan and Turkmenistan to deepen economic cooperation through joint infrastructure projects, particularly in the rail and energy sectors.
Afghan officials have consistently emphasized the importance of regional connectivity as a foundation for long-term economic growth and stability.
The Ministry of Public Works added that the Torghundi project will not only support trade facilitation but also generate commercial opportunities, improve logistical capabilities, and contribute to the country’s broader development goals through sustainable regional partnerships.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
Business
Mahirood Customs leads Iran’s exports to Afghanistan
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.
South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.
He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.
Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.
He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.
-
Latest News4 days agoUS delivers second batch of Afghan Black Hawk helicopters to Peru
-
Latest News3 days agoGermany speeds up admission of Afghans from Pakistan
-
Sport3 days agoIPL 2026 Auction set for Abu Dhabi with $28.6 million purse at stake
-
Business4 days agoAfghan economy posts second year of growth despite deep structural challenges
-
Latest News3 days agoAfghanistan to establish independent oil and gas authority
-
Latest News3 days agoUS intelligence chief warns of ‘direct threat’ from suspected terrorists inside the country
-
Sport4 days agoATN to broadcast ‘The Best FIFA Football Awards 2025’
-
International Sports4 days agoILT20: Jahangir powers Dubai Capitals to nine-run win over Abu Dhabi Knight Riders
