Business
Afghanistan, Turkmenistan sign MoUs, seal private sector contracts
Afghanistan and Turkmenistan signed three memoranda of understanding (MoUs) and an economic cooperation agreement in Kabul on Wednesday for electricity and fiber optics.
In a statement issued by the Presidential Palace (ARG), two companies will be responsible for transferring 500 MW of electricity from Turkmenistan to Afghanistan and for connecting a fiber optics network. The companies are Afghanistan’s Bayat Group and Turkmenistan’s Chalak Company.
During the official signing ceremony, Afghan President Ashraf Ghani thanked the two companies for their cooperation and said Turkmenistan and Afghanistan are proving to be good neighbors amid efforts to strengthen diplomatic and economic ties.
“Thanks to the presence of Bayat Group and Chalak Private Company, it shows that Afghan and international private companies have joined hands to provide electricity,” Ghani was quoted in the statement as having said.
“Fiber optics is the infrastructure of the 21st century and this infrastructure gives hope to our youth. Innovative work in the 21st century is impossible without a comprehensive understanding of fiber optic networks, connectivity and modern technology,” he stated.
Representing Turkmenistan at the event was Turkmen Ambassador to Afghanistan Ovezov Hoja Sapargeldievich.
The ambassador said talks between the presidents of Turkmenistan and Afghanistan had always been about bilateral cooperation and partnership. He said his country supports all efforts and initiatives for peace and stability in Afghanistan and hoped that Afghanistan would achieve peace as soon as possible.
Ghani in turn thanked the ambassador and the President of Turkmenistan Gurbanguly Berdimuhamedow and said that with ongoing efforts to strengthen ties new avenues, including the lapus lazuli and silk road routes, were projects that will be delivered on.
He said the countries were today able to revisit history and make up for the time lost in recent years.
Ghani also said the TAPI pipeline project would benefit both countries and the people of Afghanistan.
“Turkmenistan is a good neighbor not only to Afghanistan, but to all of us, and we are going back to our ancient roots,” he said.
Business
Dogharoun handles 60% of Iran’s exports to Afghanistan
Modoudi invited machinery manufacturing companies in Iran to establish operations in the area.
Mohammadreza Modoudi, CEO of the Dogharoon Free Zone, has criticized what he described as the neglect of Dogharoun’s potential, saying Iran ranks first among all countries in terms of exports of goods to Afghanistan.
He said 60 percent of this large volume of exports passes through the Dogharoun border crossing, adding that, despite this, the region’s significant potential has been overlooked.
Modoudi invited machinery manufacturing companies in Iran to establish operations in the area.
He said it is time to take a realistic approach and transform Dogharoun from a transit route into a major hub for production, value-chain development and a driving force for international trade.
Business
EU and FAO launch €5m programme to strengthen Afghanistan’s agrifood sector
FAO Representative in Afghanistan Richard Trenchard said agrifood businesses had shown potential to grow and create jobs despite difficult conditions.
The European Union (EU) and the Food and Agriculture Organization of the United Nations (FAO) have launched a €5 million initiative to help Afghan farmers and agribusinesses access markets, improve incomes and withstand climate and economic shocks.
The programme will target vulnerable households, including returnees, internally displaced people and host communities, particularly in areas affected by food insecurity, climate risks and limited economic opportunities. Women and youth will be key beneficiaries.
Four one-stop service hubs will connect farmers and rural entrepreneurs with agricultural advice, specialised services, businesses and markets. Farmers will also gain access to FAO climate analysis and early-warning information to help them make timely production and marketing decisions.
The initiative will restore 2,000 hectares of degraded forests and rangelands and support 250 women- and community-led nurseries, combining environmental protection with new livelihood opportunities.
FAO will also provide matching grants and technical and business support to established agrifood and environmentally sustainable enterprises with growth potential. Participating businesses will contribute their own resources, helping expand processing, source from more local farmers and create rural jobs.
Nicola Bellomo, the EU’s new Chargé d’Affaires for Afghanistan, said the programme reflected the EU’s commitment to food security and economic empowerment.
“Afghanistan’s agricultural potential remains undervalued and constrained by the country’s extreme climate vulnerability,” Bellomo said, adding that the partnership would strengthen agricultural services, support agribusiness growth and promote nature-based solutions.
FAO Representative in Afghanistan Richard Trenchard said agrifood businesses had shown potential to grow and create jobs despite difficult conditions.
“When farmers can produce with confidence, businesses can grow and products can reach markets, agriculture becomes a powerful engine for recovery and resilience,” he said.
Business
UAE firm eyes investment in Salang’s second tunnel and pharmaceutical factories
The proposals will be submitted to the Inter-Ministerial Investment Committee for further review and discussion.
A United Arab Emirates-based company, HHM Global Industry Group, has expressed interest in investing in the construction of the second Salang Tunnel and establishing pharmaceutical factories in Afghanistan.
The issue was discussed at a regular meeting of the Inter-Ministerial Investment Committee, held on September 8, 2026, at the Marble Palace under the Economic Deputy Office of the Prime Minister’s Office.
The committee welcomed the company’s interest in investing in Afghanistan and assured its representatives that the relevant ministries and government agencies are prepared to provide comprehensive cooperation.
Following extensive discussions, company officials were asked to prepare detailed investment proposals for the construction of the second Salang Tunnel, pharmaceutical manufacturing facilities, as well as other potential investment projects.
The proposals will be submitted to the Inter-Ministerial Investment Committee for further review and discussion.
If implemented, the proposed investments could contribute to the development of Afghanistan’s transport infrastructure and strengthen domestic pharmaceutical production.
-
Latest News5 days agoUN warns of mounting humanitarian and human rights pressures in Afghanistan
-
Regional5 days agoSaudi Arabia calls alleged Mecca attack a ‘red line’ as Houthis deny involvement
-
Latest News5 days agoFive Years On: IEA touts economic growth despite international isolation
-
Sport5 days agoIndia take 2-0 lead in 3-match series against Afghanistan
-
Latest News3 days agoFive years out of school: Amnesty raises alarm over Afghan girls’ education
-
Latest News4 days agoRussia urges dialogue and economic support for Afghanistan, warns against excessive pressure
-
Sport4 days agoACL: Ariana Khost win, Aino Mina and Khurasan Faryab draw
-
Latest News3 days agoAfghanistan seeks stronger ties with Saudi Arabia, dialogue with Pakistan: Mujahid

