Business
Afghanistan-bound containers remain stuck at Karachi port
![](https://www.ariananews.af/wp-content/uploads/2020/09/karachi-port1.jpg)
Officials at the Afghanistan-Pakistan Joint Chamber of Commerce say that Pakistan has not yet allowed Afghan traders’ goods to be released from the southern seaport of Karachi.
During the visit of Afghanistan’s acting commerce minister to Pakistan last week, Pakistani officials agreed to release Afghan traders’ goods stranded at Karachi port.
“Last Thursday, a promise was made that the stranded goods of Afghan traders would be allowed to be transferred, but the implementation process has not started yet,” Naqibullah Safi, the executive chief of the Afghanistan-Pakistan Joint Chamber of Commerce, said.
The Ministry of Industry and Commerce says that Pakistan is working on a plan to release the containers.
“We accept that permission has not been given yet to release the goods of Afghan traders from the port of Karachi. Pakistan is trying to start the implementation process soon,” Abdul Salam Javad, the spokesman of the Ministry of Industry and Commerce, said.
Economic experts say that the Islamic Emirate should resolve the trade problems between the two countries.
“The Ministry of Industry and Commerce should step up its efforts to release these goods so that Pakistan would implement its promise,” Shabir Bashiri, an economic expert, said.
Although Afghanistan and Pakistan have several trade agreements in place, Afghan traders face hurdles in transit via Pakistan.
Around 4,000 Afghanistan-bound containers have been stopped by Pakistan in the port of Karachi for several months.
Business
$23 million pharmaceutical company opens in Kabul
The Islamic Emirate officials also stated that while they fully cooperate with pharmaceutical companies, these manufacturers need to produce drugs that meet international standards.
![](https://www.ariananews.af/wp-content/uploads/2024/07/pharmaceutical-company.jpg)
A new pharmaceutical company, costing $20 million, was officially opened on Thursday in Kabul in the presence of Islamic Emirate leaders, including Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.
The new company will reportedly manufacture 50 different types of drugs once fully operational.
Addressing the launch ceremony on Thursday, Baradar outlined the importance of quality in terms of pharmaceuticals and said poor-quality drugs threaten lives while good-quality medicines can save lives.
Baradar also pointed out that more manufacturing companies like this will help grow the country’s economy.
He once again called on investors, both in the country and abroad, to help in the reconstruction and development of the country and start businesses. He also said the way has been paved for them to invest and that they should make use of the opportunities available.
Health officials meanwhile said that currently there are 77 pharmaceutical companies in the country and that serious efforts are being made to make the country self-sufficient in this regard.
The Islamic Emirate officials also stated that while they fully cooperate with pharmaceutical companies, these manufacturers need to produce drugs that meet international standards.
Related Stories:
New medicines manufacturing company established in Nangarhar
Kandahar officials inaugurate $50 million pharmaceutical company
Business
Sugar exports to Afghanistan resume after four year break
Islamabad banned the export of sugar to Afghanistan four years ago to address shortages and control prices in the country.
![](https://www.ariananews.af/wp-content/uploads/2020/05/imported-goods.jpg)
Sugar exports from Pakistan to Afghanistan resumed this week after a four-year suspension, with over 400 vehicles crossing the Torkham border in the last four days.
According to Pakistan sources, Islamabad recently agreed to the export of 150,000 tons of sugar to Afghanistan, setting an August 15 deadline for the completion of the shipment process.
Customs clearing agents at Torkham said around 100 vehicles, each carrying 33 tons of sugar, crossed into Afghanistan four days ago and more thereafter.
Islamabad banned the export of sugar to Afghanistan four years ago to address shortages and control prices in the country.
Related Stories:
Volume of imports from Pakistan has declined: official
Import, export volumes total $7.5 billion in 1st nine months of this solar year
Business
Chinese keen on investing in Afghanistan’s solar power sector
At the same time, the deputy minister welcomed their interest and stated that Afghanistan is a place of opportunities for investment and that the ministry is ready to cooperate.
![](https://www.ariananews.af/wp-content/uploads/2024/07/chinese-investors.jpg)
The Ministry of Industry and Commerce says that Ahmadullah Zahid, deputy minister, met with a number of Chinese investors in his office on Tuesday.
According to a statement issued by the ministry, Ehsanullah Shahab, the head of special economic zones, was also present in this meeting, where investors from China expressed their interest in investing in solar power generation and agriculture technology sectors.
At the same time, the deputy minister welcomed their interest and stated that Afghanistan is a place of opportunities for investment and that the ministry is ready to cooperate.
Related Stories:
Chinese keen to invest in Panjshir-Kabul water conduit project
120 Chinese companies held investment talks with IEA since takeover
-
Sport4 days ago
Olympics finally here; What you need to know
-
Latest News5 days ago
OCHA reports 110 die in landmine explosions in Afghanistan every month
-
Regional5 days ago
China braces for twin tropical cyclones after deadly flash floods
-
World5 days ago
Biden ends failing reelection campaign, backs Harris as nominee
-
Health4 days ago
Health partners provide services 589,205 people in Afghanistan in last month
-
Latest News3 days ago
Afghanistan’s Hajj ministry confirms death of 27 pilgrims in Mecca and Medina
-
Business4 days ago
Conference on Islamic microfinance kicks off in Kabul
-
Sport4 days ago
ACB proposes ODI fixtures against top-tiered teams