Connect with us

Business

Afghanistan, Uzbekistan ink $514.8 million deals to deepen trade ties

Addressing the gathering, Azizi described Afghanistan as a dependable partner for regional trade and investment, praising Uzbekistan’s ongoing cooperation.

Published

on

Afghanistan and Uzbekistan have signed cooperation agreements worth $514.8 million, marking a significant push to expand trade and investment between the two neighbours.

The agreements were finalised during a connectivity conference and a series of business meetings that brought together senior officials, private sector representatives, and investors from both countries.

Among those in attendance were Afghanistan’s Minister of Industry and Commerce Nooruddin Azizi and Shavkat Abdurazaqov, chairman of the Afghanistan Chamber of Commerce and Investment, alongside an Uzbek delegation comprising government and business leaders.

Addressing the gathering, Azizi described Afghanistan as a dependable partner for regional trade and investment, praising Uzbekistan’s ongoing cooperation.

He pointed to the country’s broad investment potential and highlighted a preferential tariff agreement between the two sides, which is expected to ease the export of Afghan goods into Uzbek markets.

Officials from Uzbekistan also underscored the importance of stability in Afghanistan.

The governor of Namangan Region noted that peace in Afghanistan is vital for Uzbekistan, adding that stronger economic collaboration could further reinforce regional connectivity and cooperation.

The newly signed agreements cover a range of sectors, including the establishment of a poultry hatchery in Afghanistan, trade in cement and coal, exports of dried fruits and vegetables, imports of food and fuel, production of layer chickens, and sports-related services.

Authorities say the deals represent a key step toward boosting bilateral trade, strengthening economic partnerships, and advancing broader regional integration.

Business

Afghanistan signs $46 million deal to develop standard laboratory complexes

Published

on

The Office of Mullah Abdul Ghani Baradar has announced a contract worth over $46 million for the construction and outfitting of standard laboratory complexes in Kabul and nine major ports across Afghanistan.

The agreement, signed Wednesday at the Government Media and Information Center, was finalized between Faizullah Tamim, head of the Standards and Quality Authority, and representatives of the Indian international firm TCRC, according to a statement from the Deputy Prime Minister for Economic Affairs Office.

Under the five-year deal, TCRC will establish modern laboratory complexes in the capital and key ports, install advanced equipment, renovate existing facilities, and introduce foreign specialists to strengthen the professional capacity of the authority’s staff.

The project will also provide domestic and international training programs for technical employees and support efforts to secure internationally recognized quality certifications from the International Organization for Standardization (ISO).

Officials said the initiative aims to improve Afghanistan’s quality control systems and enhance standards infrastructure nationwide.

Continue Reading

Business

Ariana Afghan Airlines lowers cargo rates on Kabul–Delhi route to boost exports

Published

on

Ariana Afghan Airlines has announced a reduction in cargo service rates on the Kabul–Delhi route as part of efforts to support Afghanistan’s trade and export sector.

The airline said the new cargo rate has been set at $1.20 per kilogram, a move intended to make air freight more affordable and accessible for Afghan traders and exporters.

Bakht-ur-Rahman Sharafat, head of Ariana Afghan Airlines, said the decision is expected to play a significant role in increasing exports of domestic products and strengthening commercial activity between Afghanistan and India.

He added that Ariana will continue to introduce new measures in the future to improve its services and better meet the needs of its customers.

 
 
 
Continue Reading

Business

Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million

Published

on

Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.

The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.

Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.

Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.

Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.

The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.

Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.

The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.

Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!