Business

Afghanistan ships 45 tons of pine nuts to China as air corridor resumes

Published

3 years ago

November 1, 2021

(Last Updated On: November 1, 2021)

Islamic Emirate of Afghanistan (IEA) officials said Sunday that 45 tons of pine nuts were exported to China, via an air corridor, for the first time since they took power in August.

Mawlawi Abdul Salam Hanafi, deputy prime minister of the IEA, said at an inauguration ceremony that this is a positive step towards boosting Afghanistan’s economy.

He said that exporting pine nuts this year could generate as much as $1 billion in revenue for the country.

The acting minister of commerce, Nooridin Azizi said Sunday’s shipment was the first of many.

“We exported 10 tons last year, but now this has increased to 45 tons. More than $1 billion (in revenue) will come to our country,” he said.

Kabul’s pine nut sellers meanwhile said they hope that this new development will have a positive impact on business for them.

They said that when borders closed and exports ceased, they were forced to drastically lower their prices in order to sell the nuts.

“Last year the price of 7kg of pine nuts was 40,000 AFN; now it has dropped to 7,500 AFN. Prices dropped, because the borders are closed to export it,” said Abdul Wakal, one pine nut seller.

“Our pine nuts were sent to international bazaars, but now borders are closed our pine nuts are not exported to the world,” said Tala Mohammad, another seller.

* We Give So They May Live Campaign – Donate Here: http://www.helpafg.org

Ariana News and Ariana Television fully support the Bayat Foundation’s initiative to raise funds to provide emergency aid to poverty-stricken Afghans. As official media partners, we appeal to you to help provide food essentials to as many Afghan families as possible.

Related Topics:45 tons of pine nuts Afghanistan China export featured IEA

Up Next

Chaman-Boldak crossing into Pakistan reopens

Don't Miss

Turmen officials scheduled to visit Kabul to discuss TAPI project

Business

Azizi meets with head of Tatarstan on sidelines of Kazan Forum

Published

4 hours ago

May 16, 2024

Ariana News

(Last Updated On: May 16, 2024)

The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.

According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.

This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.

The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.

Business

Afghanistan’s imports and exports totaled $10.3 billion last year

Published

1 day ago

May 15, 2024

Ariana News

(Last Updated On: May 15, 2024)

The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.

According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.

Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.

Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.

Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.

Business

Acting commerce minister heads to Russia to attend Kazan Forum

Published

2 days ago

May 14, 2024

Ariana News

(Last Updated On: May 14, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, headed to Russia to participate in an international economic meeting in Kazan, Tatarstan.

The aim of the Russia-Islamic World: KazanForum 2024, the 15th edition of the forum, is to offer a platform for leading international economic and financial specialists from the Islamic world to strengthen ties between the countries of the Organization of Islamic Cooperation (OIC) and the regions of the Russian Federation in the economic, educational, social and cultural spheres, Anadolu Agency reported.

The Ministry of Industry and Commerce said that Azizi, leading a high-level delegation of the Islamic Emriate, traveled to Tatarstan at the invitation of Tatarstan President Rustam Minnikhanov.

The forum is held between May 14 and 19.

The forum also aims to promote the development of Islamic financial institutions in Russia and worldwide, with a focus on joint international projects and programs, according to Anadolu Agency.

More than 80 nations are expected to participate in the event, including representatives of the United Arab Emirates, Bahrain, Malaysia, Türkiye, Iran, Libya, and other OIC member states.