Connect with us

Business

Afghanistan hopes to join CPEC

Published

on

(Last Updated On: September 5, 2022)

Afghan Minister of Commerce and Industry has said that Afghanistan should be included in the multibillion-dollar China-Pakistan Economic Corridor (CPEC) infrastructure project.

“In talks we had with China, it was mentioned that we should partner with China in the Belt and Road Initiative and China-Pakistan-Economic Corridor and other programs that China has at the international level,” Nooruddin Azizi said in an interview with China’s CGTN.

“As a good neighboring country, we hope that Afghanistan will also participate in these programs with the help of China. If possible, we hope to connect Afghanistan with China through Pamir,” Azizi said.

He said that doing so will be crucial in strengthening the economy of both the countries.
The minister also expressed hope that Chinese companies will help extract minerals in Afghanistan, including Mes Aynak copper.

The Belt and Road Initiative is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It seeks to rekindle ancient Silk Road trade routes linking China with Europe and Africa

CPEC is a central part of the Belt and Road Initiative, under which Beijing has pledged over $60 billion for infrastructure projects in Pakistan, much of it in the form of loans.

Business

Iranian officials: Egg-laying chicken exports to Afghanistan up 15%

Published

on

(Last Updated On: February 25, 2024)

Iranian authorities have announced that the export of egg-laying chickens to Afghanistan has increased by 15 percent over the past year.

Hasan Azarian, the head of the veterinary medicine network in Taibad city of Khorasan Razavi province, has said that nearly 148,000 egg-laying chickens have been exported to Afghanistan through Islam Qala port during the past 11 months, IRNA news agency reported.

He added that the export of egg-laying chickens this year has increased by 15 percent compared to the same period last year.

Azarian stated that during the same period, 3,200 tons of eggs were exported through Islam Qala port, which shows a 23 percent increase compared to last year.

He added that 470,000 baby chickens were exported to Afghanistan

Azarian also stated that in the past 11 months, 3,018 tons of cow hides were imported from Afghanistan to Iran and Turkey in 151 shipments.

He added that 4,350 tons of sheep’s wool arrived in Iran, destined for China and Turkey.

Continue Reading

Business

A company will invest $27.5 million in ruby mining on the outskirts of Kabul

Published

on

(Last Updated On: February 23, 2024)

The Ministry of Mines and Petroleum on Friday announced that Ariana Highland Company will invest $27.5 million in the extraction of Jegdalek ruby mine on the outskirts of Kabul.

In a statement, the ministry said that the bidding ceremony for the mine was held again with the participation of Ariana Highland and Mirza Sultani companies, adding that the former won it by accepting 44 percent share for the Islamic Emirate.

Based on the statement, Ariana Highland Company will spend $5 million in the social services.

Jegdalek ruby deposit is located 100 km from Kabul city, in the southwest of Surobi district, and it covers 6.9 square kilometers.

Continue Reading

Business

MoU signed for start of Trans-Afghan railway feasibility studies

Published

on

(Last Updated On: February 20, 2024)

The Afghanistan Railway Authority (ARA) announced on Tuesday a memorandum of understanding (MoU) had been signed for feasibility studies on the Trans-Afghan railway project.

ARA said that the head of the organization, Bakhtur Rahman Sharafat, signed the MoU during his visit to Uzbekistan on Monday. The MoU was signed between Uzbek and UAE officials and Afghanistan.

ARA said once the feasibility study has been completed, results will be shared with various stakeholders including financial institutions, countries and businessmen from Afghanistan, Uzbekistan and Pakistan.

Officials attending Monday’s meeting also decided a virtual meeting would be held on Wednesday with Qatari and Pakistani officials.

The Trans-Afghan railway once completed will connect Central Asia with South Asia.

Starting in Balkh’s Mazar-e-Sharif, the 647km line will pass through Samangan, Baghlan, Bamiyan, Maidan Wardak, Logar and Paktia provinces and on to Pakistan.

This project has been under discussion for many years. After regaining power, the Islamic Emirate approved the initial survey which was successfully completed by the technical teams of Afghanistan, Uzbekistan, and Pakistan Railways.

ARA has meanwhile said it once again invites countries, financial organizations and businessmen to invest in Afghanistan railway projects.

Continue Reading
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2022 Ariana News. All rights reserved!