Business
Afghanistan-Iran trade and investment exhibition set for October in Birjand
Officials say the exhibition aims to strengthen cross-border partnerships and attract investors to projects that can boost trade and regional development.
Afghanistan and Iran are preparing to hold a major joint trade and investment exhibition in the eastern Iranian city of Birjand from October 18 to 21, marking another step toward expanding economic cooperation between the two neighboring countries.
Organized in South Khorasan Province, which borders Afghanistan, the event will highlight opportunities across a wide range of industries — including agriculture and food processing, mining, construction, oil and petrochemicals, renewable energy, information technology, packaging, detergents, and medical tourism.
Officials say the exhibition aims to strengthen cross-border partnerships and attract investors to projects that can boost trade and regional development.
The location of Birjand, close to Afghanistan’s western provinces, is expected to make it an important hub for Afghan traders and business delegations attending the fair.
The event follows a September visit by Iran’s Minister of Industry, Mining and Trade, Seyed Mohammad Atabak, who led a high-level delegation to Kabul to discuss trade, transit, and investment cooperation.
During the visit, both sides agreed to remove barriers to commerce, enhance transport links, and pursue joint ventures in infrastructure, mining, and energy.
Atabak, who also met Mullah Abdul Ghani Baradar, Afghanistan’s Deputy Prime Minister for Economic Affairs, said Iran and Afghanistan share deep historical and cultural bonds and that the Iranian government is prioritizing closer relations with its neighbors.
The two sides also discussed improving banking cooperation, expanding the Khaf–Herat railway, and increasing the use of Iran’s Chabahar port for Afghan exports.
Iranian officials said the upcoming seventh session of the Iran–Afghanistan Joint Economic Committee will further advance cooperation in rail, road, and trade projects.
Trade between the two countries has grown sharply in recent years. According to the Islamic Republic of Iran Customs Administration (IRICA), Iran exported $510 million in non-oil goods to Afghanistan in the first quarter of the current solar year (March 21 to June 21).
In 2024, total bilateral trade rose by 84 percent compared with the previous year, reaching $3.197 billion. Iran remains one of Afghanistan’s top trading partners, providing nearly one-quarter of its imports, including fuel, construction materials, steel, and agricultural goods.
Iranian and Afghan officials alike have said stronger economic cooperation will not only boost both economies but also promote regional stability and self-sufficiency.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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