Business
Afghanistan exports goods to Europe for first time since IEA takeover
Dozens of cargo trucks left Afghanistan on Monday in what marked the first consignment of exports to Europe since the Islamic Emirate took over the country in August last year.
The convoy left from the western province of Herat and will travel through the Lapis Lazuli route, an international trade route that was inaugurated in 2018.
The shipment involves nearly 30 trucks carrying commodities such as pistachios, sesame, cumin, carpets and almonds, said Yonus Qazizada, the provincial director of trade and investment in Herat.
He said that the commodities worth $5 million are bound for European and Arab countries.
The Lapis Lazuli corridor begins from Torghundi in Herat and continues to Turkmenistan, Azerbaijan, Georgia and Turkey.
This is the second Afghan convoy of exports through Lapis Lazuli since the corridor was inaugured in December 2018.
The first convoy carried dried fruits, herbs and textiles.
Meanwhile, the union of exporters in the western zone said exports increased by 40 percent in 1400 solar year as compared to the previous year.
“This suggests that expectations have grown and economic activities have increased. Unlike the propaganda that is spread, it is a great achievement to dispatch a convoy abroad,” said Mohammad Rafiq Shahir, head of the experts’ council of Herat.
Business
Afghanistan raises import tariffs on several goods to support domestic industry
Under the new rates, the customs tariff on bottles has increased from 12% to 16%, while the tariff on construction paint has risen from 16% to 30%.
Afghanistan’s Ministry of Finance says it has increased customs tariffs on several imported goods as part of measures aimed at supporting domestic production and industrial growth.
The ministry said the Tariff Committee approved the changes during its third meeting of the 1405 solar year.
Under the new rates, the customs tariff on bottles has increased from 12% to 16%, while the tariff on construction paint has risen from 16% to 30%.
Tariffs on leather footwear and plaster have each increased from 50% to 80%, while the rate on sanitary diapers has risen from 20% to 25%.
At the same time, the tariff on heart springs has been reduced from 8% to 3.5%.
The Ministry of Finance said customs tariffs on cement, iron pipes, refrigerators and raw materials used in carpet production are also under review.
According to the ministry, the tariff adjustments are intended to protect domestic industries, strengthen local production and create conditions for further growth in trade.
Business
Afghanistan-Kazakhstan trade reaches $581 million in six months
The latest discussions come as Kabul and Astana work on a bilateral economic cooperation roadmap, with the two countries aiming to increase annual trade to $3 billion.
Trade between Afghanistan and Kazakhstan reached $581 million in the past six months, officials in Afghanistan’s western Herat province said.
The figure was discussed during a meeting between Herat Governor Noor Ahmad Islam Jar and a Kazakh delegation led by Yerkin Tukumov, Kazakhstan’s special representative for Afghanistan.
Tukumov stressed the need to expand transit capacity and remove customs barriers to facilitate increased trade between the two countries. He also invited Afghan officials to attend a joint economic meeting scheduled to take place in Kazakhstan.
Islam Jar highlighted Herat’s strategic location and security, describing the province as having significant potential to serve as a hub for investment and regional trade.
Afghanistan and Kazakhstan have previously discussed expanding trade in agricultural products, including Afghan agricultural exports in exchange for flour imports from Kazakhstan.
The two sides have also reached understandings on cooperation over the Torghundi-Herat railway project, which is intended to strengthen transport and trade links.
The latest discussions come as Kabul and Astana work on a bilateral economic cooperation roadmap, with the two countries aiming to increase annual trade to $3 billion.
Business
Ariana Afghan Airlines increases Kabul-Delhi cargo flights
Ariana Afghan Airlines has increased cargo flights between Kabul and Delhi to facilitate the transportation of commercial goods and support Afghan traders.
In a statement issued Saturday, the airline said it will now operate two scheduled cargo flights daily on the Kabul-Delhi route, up from one flight per day previously.
The airline said Afghan traders and commercial companies can use the daily cargo services to transport their goods quickly, safely and reliably between Afghanistan and India.
Ariana Afghan Airlines said it is working to further expand and improve its air cargo services to support trade, meet the needs of Afghan traders and facilitate Afghanistan’s exports and imports.
-
Regional5 days agoIran airlines cancel flights as US sanctions hit
-
Sport4 days agoAfghanistan open Asian Games cricket campaign with win over Japan
-
World4 days agoTrump welcomes Chinese President Xi as US-China summit gets underway
-
Latest News1 day agoAfghanistan says 28 killed, 32 captured in Nuristan operation
-
World2 days agoTrump rejects Iranian proposal to open Hormuz and end fighting
-
Sport1 day agoAfghan bodybuilder Ali Bilal finishes runner-up at Mr Olympia for third straight year
-
Latest News4 days agoKhalilzad warns Pakistan-Afghanistan tensions likely to worsen after fresh airstrikes
-
Latest News2 days agoKhalilzad questions Pakistan’s commitment to Afghan welfare
