Connect with us

Business

Afghanistan exports cotton for first time to Turkey and Iran

Published

on

(Last Updated On: )

The Kandahar Chamber of Commerce and Industry said Monday that 2,000 tonnes of Afghan cotton was recently exported from the province to Turkey and Iran.

The chamber says that in the past, Afghan cotton was exported only to Pakistan, but now new markets have opened up, which has provided employment opportunities for some people.

Afghan cotton is considered to be of very good quality and now, for the first time, cotton grown in Helmand and Kandahar is being exported to Turkey and Iran.

Kandahar chamber officials said this week they have exported 2,000 tonnes of cotton to Iran and Turkey in the past 10 day and that this could increase to 100,000 tonnes a year.

Cotton traders in Kandahar welcome the opening of the new markets and said this will improve the financial situation of farmers and provide jobs for many people.

Cotton exports have risen as traders say factories are still short of electricity. Cotton traders in Kandahar and Helmand provinces have urged the Islamic Emirate to resolve the issue as soon as possible.

Business

Contract worth $113 million signed for e-scanners at Afghan ports

According to the deal, 33 scanners will be installed at the country’s 12 ports to bolster security and curb smuggling.

Published

on

(Last Updated On: )

A contract worth $113 million was signed on Saturday for the installation of electronic scanners at the country’s customs units at border crossings.

According to the deal, 33 scanners will be installed at the country’s 12 customs units to bolster security and curb smuggling.

The scanners will be installed at Torkham, Hairatan, Spin Boldak, Islam Qala, Torghundi, Nimroz, Abu Nasr Farahi, Khost, Paktia, Aqina, and Sher Khan ports to ensure comprehensive screening of all types of goods, the Office of the Deputy Prime Minister for Economic Affairs said in a statement.

The contract was signed between the Ministry of Finance and a private company.

The project is slated for completion within two years, providing approximately 2,000 job opportunities and representing a significant step forward in modernizing the country’s customs infrastructure, the statement said.

 

Related stories:

Installation of scanners at Afghanistan’s land ports essential, says Azizi

Economic Commission approves installation of scanners at 12 customs units at border crossings

Continue Reading

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.

Published

on

(Last Updated On: )

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

Continue Reading

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.

Published

on

(Last Updated On: )

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

Continue Reading
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2022 Ariana News. All rights reserved!