Business
Afghanistan’s exports to China up 11.5 percent this year
The Chinese diplomat mentioned that China will offer Afghanistan zero-tariff treatment for 100 percent tariff lines starting December. This initiative is expected to greatly enhance the export of Afghan products to China and generate job opportunities for many Afghans, he said.
Afghanistan’s exports to China have increased by 11.5 percent this year, with forecasts indicating a 25 percent growth next year, Chinese Ambassador in Kabul Zhao Xing said on Thursday.
Zhao said in a meeting with Mawlawi Abdul Kabir, Deputy Prime Minister for Political Affairs of the Islamic Emirate of Afghanistan (IEA), that the groundwork for economic and commercial projects in Afghanistan has been laid. He stressed the importance of fostering cooperation between China and Afghanistan in various sectors.
The Chinese diplomat mentioned that China will offer Afghanistan zero-tariff treatment for 100 percent tariff lines starting December. This initiative is expected to greatly enhance the export of Afghan products to China and generate job opportunities for many Afghans, he said.
Zhao also outlined plans for a new economic corridor linking Afghanistan and China through Tajikistan. This initiative will be on the agenda at an upcoming trilateral meeting involving representatives of Tajikistan, China, and Afghanistan.
He highlighted the significance of activating the Wakhan corridor as a key component of this project.
The envoy, commenting on the developing situation in Afghanistan, expressed China’s interest in investing across various sectors within the country and executing relevant projects. He noted China’s advocacy for Afghan development at international forums and its calls for the global community to undertake projects within Afghanistan. He encouraged dialogue and negotiation as a means to address existing challenges.
Meanwhile, Deputy Prime Minister for Political Affairs Mawlawi Abdul Kabir appreciated China’s offer of tariff-free trade. He remarked that this measure would benefit Afghan entrepreneurs and strengthen the national economy, calling other neighboring countries to follow suit.
He noted that the Wakhan corridor is a pivotal development in the bilateral relations between Afghanistan and China, emphasizing that its completion would greatly enhance economic and commercial exchanges between the two countries.
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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