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Afghanistan exports cotton for first time to Turkey and Iran

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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.

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Afghanistan-India trade volume totalled $890 million in last solar year

However, Afghanistan’s trade with India through Pakistan has been halted due to closure of the Attari-Wagah border this week.

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Afghanistan’s trade with India continued to grow through solar year 1403, with Afghan exports accounting for a significant percentage of the total $890 million.

According to Abdul Salam Jawad, the spokesman for Afghanistan’s Ministry of Commerce and Industry, Afghanistan’s exports to India amounted to $627 million.

Imports were however considerably less, totalling $263 million.

Jawad stated that Afghanistan’s exports were primarily agricultural and herbal products.

The main items included dried figs, asafetida, asafetida seeds, saffron, raisins, cumin, and almonds.

India remains one of Afghanistan’s key regional trade partners, and trade figures highlight the ongoing demand for Afghan goods despite broader geopolitical and logistical challenges.

However, Afghanistan’s trade with India through Pakistan has been halted due to closure of the Attari-Wagah border this week.

Indian media reported that the border, which is the only land route allowed for trade, is now closed.

This route is vital for importing goods from Afghanistan to India, and if it is stopped, trade with Afghanistan will be severely affected.

Some traders have said they will seek alternate routes.

India closed its border crossing this week after gunmen shot and killed at least 26 tourists on Tuesday at a resort in Indian-controlled Kashmir.

Police blamed Pakistani militants for the attack.

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Afghan businessman to invest up to $12 million in iron ore extraction in Panjshir

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An unnamed Afghan businessman is reportedly ready to invest up to $12 million in iron ore mining in Panjshir province, the provincial governor’s spokesman Saifuddin Laton said Sunday.

According to Laton, the businessman has shown interest in investing between $3 and $12 million to mine an area covering 22 square kilometers in Paryan district in Panjshir.

Laton said the contract for this project has been approved by the Economic Directorate of the Prime Minister’s Office of the Islamic Emirate of Afghanistan (IEA).

In addition to extraction, the businessman will also carry out the processing and packaging of the iron ore within the province to create greater added value.

Laton said that in the first phase, the company will launch an exploratory program of the reserves over six months, during which around 500 jobs will be created.

After completing this phase, formal extraction work will begin, he said.

Afghanistan possesses substantial iron ore reserves, estimated at 2.2 billion tonnes, making it a top 10 country for extractable iron.

The largest deposit, Hajigak, is located in Bamiyan province, and contains an estimated 1.7 billion tonnes of high-grade ore.

 

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Afghan deputy agriculture minister leaves for Iran’s international expo

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Sadri Azam Osmani, Deputy Minister of Agriculture, Irrigation and Livestock, on Saturday left Kabul to participate in the 7th International Exhibition of Iran’s Export Capabilities in Tehran.

The expo will be held from April 28 to May 2. According to the organizers, between 2,000 and 3,000 foreign traders from around the world are expected to attend. 

Osmani expressed hope that this trip will pave the way for the growth of trade and attract more investments to Afghanistan.

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