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Afghanistan’s export volume at $1.85 billion for past 7 months

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The office of the first deputy prime minister, Mullah Abdullah Ghani Baradar Akhund, said on Tuesday that Afghanistan’s exports abroad exceeded $1.8 billion since the start of the current solar year – seven months ago.

According to a statement, $1.85 billion worth of goods went to Pakistan, Iran, India, Tajikistan, UAE, Uzbekistan, Kazakhstan, China, Saudi Arabia and Iraq.

The bulk of the goods went to Pakistan, India, Tajikistan and China, officials said.

According to the government statistics, nearly $744 million worth of goods have been exported to Pakistan alone in this time.

The Afghanistan-Pakistan Joint Chamber of Commerce and Industry said that the exports with Pakistan have doubled.

Last month, trade and commerce ministry spokesperson Abdul Salam Jawad said that if the export sector continues to grow, export volumes worth $2.5 billion will be reached soon.

“We are sure that if our business continues in this way, our exports will reach more than two and a half billion dollars,” he said.

According to officials, efforts are being made to get Afghan products to regional and global markets via land and air corridors.

Economic experts have meanwhile expressed hope that with the expansion of trade relations, Afghanistan will soon become self-reliant.

At the same time, the Ministry of Trade and Industry says that it is trying to expand Afghanistan’s economic relations with India.

According to officials, India is one of the countries that had extensive trade relations with Afghanistan in the past, and now they want these relations restored. Abdulsalam Jawad Akhundzada adds that Afghan goods have many buyers in the Indian markets.

According to Akhundzada, the country’s exports to India have increased by 25% compared to last year.

The Chamber of Commerce and Investment meanwhile said more than 60 tons of goods have been exported to India in the last seven months.

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Iraqi intelligence report alleges oil smuggling network supplying Afghanistan and Turkey through Iran

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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An Iraqi intelligence report obtained by Sky News Arabia has revealed alleged large-scale crude oil smuggling operations from northern Iraq into Iran, where the oil is reportedly refined and later sold in regional markets, including Afghanistan and Turkey.

According to the report, shipments of crude oil are transported through land routes and unofficial trade channels into Iranian territory, where they undergo refining and processing before being re-exported to foreign markets.

The intelligence findings suggest that the alleged network is designed to bypass international sanctions and facilitate the movement of petroleum products outside official trade and financial monitoring systems.

The report further indicates that smuggling networks rely on informal transportation routes and cross-border commercial channels to maintain the collection, processing and distribution of oil products while avoiding regulatory oversight.

The revelations have raised concerns over cross-border smuggling, the loss of national resources and the potential impact of illicit oil trade on regional economies.

Security and political observers say the reported activities could put additional pressure on Iraqi authorities to strengthen border controls, monitor oil transportation routes and improve coordination with regional and international partners.

However, the allegations outlined in the intelligence report have not been independently verified, and further details about the networks involved, the quantities of oil transported and the scale of supplies reaching Afghanistan and Turkey remain unclear.

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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$30 million pharmaceutical investment launched in Herat as new production line opens

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

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The foundation stone has been laid for three new pharmaceutical production blocks at Ovison Pharma in Herat, with an investment of $30 million, while the factory’s new serum and injectable production line has also been inaugurated.

The new production blocks will be constructed on a 3,000-square-metre site, with each facility planned to have five floors. Equipped with advanced machinery and designed to meet international standards, the expansion is expected to significantly increase the factory’s pharmaceutical production capacity.

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

The expansion marks a significant step toward strengthening Afghanistan’s pharmaceutical industry, increasing domestic production and reducing the country’s reliance on imported medicines.

The investment is also expected to support the development of local manufacturing capacity and improve access to domestically produced pharmaceutical products.

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Afghanistan approves new foreign investment policy in bid to attract international investors

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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Afghanistan’s Economic Commission has approved a new foreign investment policy aimed at attracting international investors, improving investment opportunities and supporting the country’s economic growth.

The decision was made during the commission’s regular meeting, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, at the Marble Palace on Monday.

According to the Deputy Prime Minister’s Office for Economic Affairs, the proposed policy was presented by a committee established under the leadership of the economic deputy office. Following a comprehensive review and consideration of the commission’s recommendations, the policy was approved.

The policy aims to regulate foreign investment activities, facilitate investment procedures, create a favourable environment for investors, ensure investment security and promote Afghanistan’s economic growth and development.

During the meeting, the commission also approved a proposal concerning the payment of fixed taxes by commercial import companies at the country’s customs offices.

Officials said implementing the proposal would create additional facilities and simplify procedures for importing businesses.

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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