Business
Afghanistan hit by fuel price hike

Following the increase in the price of fuel on local markets, the Ministry of Industry and Commerce (MoIC) said Saturday this is a knock-on effect of higher oil prices on the global market.
Abdul Salam Jawad Akhundzada, a spokesman for MoIC, said that the price of fuel in Afghanistan is dependent on global markets, but that efforts are ongoing to keep it from rising.
“There are two main reasons why the price of oil has risen in the markets, one is that the war in Ukraine has a direct effect on the world markets and the rates have risen,” said Jawad Akhundzada.
He also attributed the work being done on the Salang highway – a key transport route – as having had an impact on prices.
“The price of fuel in the world markets was 72 dollars and currently it is 88 dollars, and in the Russian markets, they do not produce high-quality gasoline these days that’s way they do not supply it to their customers,” said Jan Agha Navid, a spokesman for Chamber of Commerce and Investment (ACCI).
Meanwhile motorists have appealed to the IEA to lower the cost of fuel. “Our wish is that the rates should be cheap so that it becomes easier for people,” said one Kabul driver.
Meanwhile, the Islamic Emirate has recently started taking steps to drill for oil in the country and to process it locally. Already, extraction has started in Sar-e-Pul and Jawzjan provinces.
Business
Afghanistan records trade volume of $292 million via air corridors in 1403 solar year

Afghanistan’s Ministry of Industry and Commerce says that in the solar year 1403 (April 2024 to March 2025), goods worth $292 million were transported through air corridors.
Abdulsalam Jawad Akhundzada, the ministry’s spokesman, said that the value of exports through air corridors this year totalled $125 million and imports $167 million.
He added that the main export items were dried fruits, saffron, dried and fresh figs, jujubes, pine nuts and handicrafts, and the main import items were medicines and electronic devices.
Akhundzada said that exports happened through Kabul, Kandahar and Mazar-i-Sharif airports to the United States, Germany, China, India, Britain, South Africa, Austria, United Arab Emirates and some other countries.
Business
Oman and Afghanistan explore ways to further enhance bilateral trade relations
During the meeting, Rawas and Muttaqi agreed to facilitate trade exchange between the two countries and utilize the available opportunities for mutual benefit.

Faisal Abdullah Al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI) met with Amir Khan Muttaqi, the Acting Minister of Foreign Affairs of Afghanistan, for talks on boosting trade relations between the two countries.
The meeting comes within the context of promoting relations between Oman and Afghanistan in the economic and trade sectors.
The two sides discussed ways to expand cooperation in the fields of trade, investment and economy, as well as developing ties in the logistics and tourism sectors.
They also touched on supporting joint projects that contribute to stimulating economic growth.
The two sides underlined the importance of exchanging experiences and knowledge in those fields.
During the meeting, Rawas and Muttaqi agreed to facilitate trade exchange between the two countries and utilise the available opportunities for mutual benefit.
Muttaqi traveled to Oman on Sunday. The foreign ministry announced that the trip was made at the invitation of the Omani Foreign Minister.
Business
Iran’s non-oil export to Afghanistan up 31% in 10 months
Iran exported non-oil commodities valued at $1.9 billon to Afghanistan between March 20 last year and January 19 this year.

The value of Iran’s non-oil export to Afghanistan increased by 31 percent in the first ten months of the Persian calendar against the same period last year, Tehran officials confirmed.
The Tehran Times reported that Iran exported non-oil commodities valued at $1.9 billon to Afghanistan between March 20 last year and January 19 this year.
The spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade, Ruhollah Latifi, said Afghanistan was the fourth top export destination of Iranian products among Iran’s neighbors in the mentioned ten months.
In a meeting with an Iranian trade delegation in Kabul last August, Afghanistan’s interim Deputy Prime Minister Mullah Abdul Ghani Baradar Akhund said that his country is eager to attract Iranian investors in order to develop the Afghan mining industry, generate solar electricity and expand railway connectivity.
The Iranian delegation also proposed to launch a joint special industrial zone with Afghanistan.
Noting that Afghanistan has turned into a good place for making investment, Baradar said that the relevant ministries and organizations will cooperate and work closely with investors.
The Iranian delegation, made up of economic and trade players, also held a separate meeting with Afghanistan’s acting minister of commerce Haji Nooruddin Azizi. They called for the formation of a joint economic-mining zone between the two neighboring countries.
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