Business
Afghanistan working on plans to expand ties through railway network
Afghanistan Railway Authority (ARA), said Friday they are working to expand economic ties with neighboring countries through railway projects.
The director general of the Afghan Railways, Bakht-u-Rehman Sharafat, says they are working on plans to develop the railway system in Afghanistan and to use this form of transport for exports.
He said that Russia and Kazakhstan have also shown interest in the Uzbekistan-Afghanistan-Pakistan railway project, and some Central Asian countries have also asked to join the Afghanistan-Iran railway project.
“We intend to designate the port of Aqina for the import of petroleum products and Andkhoy port for dry products; we have also started working on all the ports to solve problems,” said Sharafat.
Private sector members say the railway projects play a key role in the country’s mining sector and the export of dried and fresh fruits. They have inturn called on the Islamic Emirate of Afghanistan (IEA) to continue its efforts to expand this sector.
“Railway is one of the most important means of transportation in the country and in this way we are able to deliver our exports to different markets of the world in a timely manner,” said Abdul Jabar Safi, the head of the Industrialists Association.
Economists say that if Afghanistan’s railways are connected to neighboring countries, the country will soon be able to enter world markets by exporting saffron, minerals, carpets and other goods.
This comes after Uzbekistan started building a $5 billion railway across Afghanistan to link up with Pakistan’s seaports, Pakistani website News International reported last month.
The project is being driven by Uzbekistan, and was launched after a meeting in Uzbek capital Tashkent in February, in which officials agreed on a roadmap for the 600km line connecting the Uzbek and Pakistan networks via Mazar-e-Sharif and Kabul.
“This trans-Afghan project is the most economical and shortest route connecting Central Asia with the Pakistani ports of Karachi, Gwadar and Qasim,” said Pakistani minister of state and chair of the country’s Board of Investment (BOI), Muhammad Azfar Ahsan after the meeting.
“The Termez-Kabul-Peshawar project could be a game changer for the region’s future,” he said.
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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