Connect with us

Business

Afghanistan expands oil production as investment in Amu Darya fields grows

The Ministry of Mines and Petroleum says dozens of wells are currently operational in the Amu Darya region, with additional wells expected to become operational soon.

Published

on

Afghanistan’s oil sector is seeing steady expansion, with officials reporting increased extraction activity in the northern Amu Darya basin and expectations of significantly higher output in the near future.

The Ministry of Mines and Petroleum says dozens of wells are currently operational in the Amu Darya region, with additional wells expected to become operational soon. The expansion is projected to raise daily production by several hundred tons compared with current levels.

The ministry’s spokesman Humayoun Afghan said the country holds substantial untapped oil potential, adding that efforts are underway to accelerate development of northern oil fields.

Officials from the Ministry of Mines and Petroleum also confirmed that plans are in progress to build oil storage facilities alongside the expansion of extraction capacity, aimed at strengthening Afghanistan’s broader energy infrastructure.

The ministry further said it is working with private sector partners to develop large-scale oil refineries, part of a broader strategy to increase domestic processing and reduce reliance on imported fuel products.

In the Amu Darya Basin, members of the oil refinery union say investment in the energy sector has risen in recent years, with investors expressing interest in further expanding refining and processing capacity if more opportunities become available.

Economic analysts argue that sustained investment in mining and energy, combined with targeted incentives for investors, could generate tens of thousands of jobs while boosting national revenues.

Private sector representatives add that expanding domestic production, storage, and refining could improve economic stability and reduce the outflow of foreign currency currently spent on fuel imports.

They are urging the Islamic Emirate to accelerate policy measures that facilitate investment and remove barriers to growth in Afghanistan’s oil and energy sector.

Business

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.

Published

on

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.

Continue Reading

Business

Over 205,000 Afghans visit Uzbekistan for trade and business in six months

Published

on

More than 205,000 Afghan citizens traveled to Uzbekistan for trade and business activities during the first six months of 2026, making Afghanistan the largest source of foreign commercial visitors to the country, according to official data.

Uzbekistan’s National Statistics Committee reported that a total of 228,615 foreign nationals visited the country for commercial purposes during the period, with Afghan visitors accounting for the vast majority.

The data showed that 205,937 Afghans arrived in Uzbekistan for business-related activities between January and June, far exceeding the figures recorded from other countries.

Turkmenistan ranked second with 16,322 commercial visitors, followed by Tajikistan with 4,320. The list also included 628 citizens from Kyrgyzstan, 311 from Kazakhstan, 230 from Russia, and 188 from Turkey.

The figures highlight the growing role of Afghan traders and businesses in cross-border economic activities between Afghanistan and Uzbekistan.

Uzbekistan has remained one of Afghanistan’s key trade and transit partners, with both countries seeking to expand economic cooperation, connectivity, and regional trade links.

 
 
 
Continue Reading

Business

Pakistan’s trade deficit with neighbours surges to nearly $16 billion as exports to Afghanistan plunge

The decline in exports was largely attributed to reduced shipments to Afghanistan, Bangladesh and Sri Lanka.

Published

on

Pakistan’s trade deficit with nine neighbouring countries widened by 30 percent in the 2025–26 fiscal year, reaching $15.93 billion, driven by declining exports to regional markets and rising imports, particularly from China.

According to the latest data released by the State Bank of Pakistan, the country’s trade gap with Afghanistan, China, Bangladesh, Sri Lanka, India, Iran, Nepal, Bhutan and the Maldives increased from $12.26 billion in the previous fiscal year to $15.93 billion.

Pakistan’s total exports to the nine neighbouring countries fell by 11 percent to $3.95 billion, while imports from the region rose by 19.1 percent to $19.89 billion, highlighting a growing trade imbalance.

The decline in exports was largely attributed to reduced shipments to Afghanistan, Bangladesh and Sri Lanka. Trade with Afghanistan, including exports, has remained suspended since October 10, 2025, significantly affecting Pakistan’s regional export performance.

Exports to Afghanistan dropped by 68.9 percent to $243.69 million, down from $783.95 million in the previous fiscal year. Imports from Afghanistan also declined sharply by 74.9 percent, falling to $6.5 million.

China remained Pakistan’s largest regional trading partner. Exports to China increased by 8.4 percent to $2.68 billion, accounting for 68 percent of Pakistan’s exports to neighbouring countries. However, imports from China climbed 19.8 percent to $19.54 billion, representing 98 percent of Pakistan’s regional imports.

Trade with India remained limited despite a percentage increase in exports. Pakistan’s exports to India rose to $2.93 million, while imports from India declined 7.6 percent to $168.73 million.

Exports to Bangladesh fell 9.3 percent to $715.59 million, while exports to Sri Lanka declined 22.8 percent to $293.38 million during the fiscal year.

The latest figures underscore Pakistan’s growing dependence on imports, particularly from China, while declining exports to regional markets continue to widen the country’s trade deficit.

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