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Afghanistan’s medicine output reaches 900 types: Pharma Union
Officials from the Union of Pharmaceutical Factories say investment in the country’s pharmaceutical sector is expanding. According to them, 900 different types of medicines are currently being produced by various factories operating in this field, and around 100 of those have reached self-sufficiency.
Members of the union are urging all ministries, including the Ministry of Public Health, to strengthen coordination with the private sector when drafting new policies and procedures, especially those related to investment development in the pharmaceutical industry.
“Currently, production of up to 900 types of medicine is underway in various forms. Afghanistan’s domestic pharmaceutical output could meet market demand with high-quality production of over 100 more medicines—if drug imports are restricted,” said Ahmad Saeed Shams, the union’s head.
Meanwhile, officials at the Ministry of Economy consider the development and support of the pharmaceutical industry a priority for the Islamic Emirate, emphasizing that they are working on solutions to the challenges faced by manufacturers to help the country achieve self-reliance in drug production.
Abdul Latif Nazari, the Deputy Minister of Economy, said: “The Islamic Emirate’s strategy in all sectors, including pharmaceuticals, is import substitution. We aim to increase exports in every area, and supporting domestic production is at the top of our agenda.”
Economic experts also stress the need for the government to provide more support and incentives to investors to foster the growth of the pharmaceutical industry.
However, the Union of Pharmaceutical Factories expressed concern over existing challenges in the sector, warning that without government intervention, some pharmaceutical factories may be forced to shut down.
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Afghan, Iranian ministers discuss agricultural exports and trade facilitation
Afghanistan’s Finance Minister Mohammad Nasir Akhund has met with Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh to discuss expanding bilateral economic and trade cooperation.
The meeting took place during Akhund’s official visit to Iran.
According to a statement from the Ministry of Finance, the discussions focused on preparations for the next meeting of the joint economic commission, exports of Afghan agricultural products to Iran, and ensuring 24-hour operations at customs facilities.
The two sides also discussed addressing challenges faced by Afghan traders, preventing the smuggling of illegal goods, and other trade and economic issues.
Iran’s agriculture minister expressed readiness to cooperate with Afghanistan in the fields of agriculture, livestock and irrigation. He also assured the Afghan delegation that Iran would make the necessary preparations for the upcoming meeting of the joint economic commission and continue efforts to strengthen cooperation in these areas.
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Bayat Power’s 40-megawatt gas-fired turbine resumes operations in Jawzjan
Bayat Power’s 40-megawatt gas-fired electricity turbine has resumed operations in Jawzjan province following an inauguration ceremony attended by Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs, on Saturday.
The resumption marks an important step in Afghanistan’s efforts to strengthen domestic electricity production, reduce reliance on imported power and improve energy security.
During the ceremony, Mullah Baradar praised Bayat Power’s investment in gas-fired electricity generation and encouraged other investors to support the country’s energy sector and wider economy.
He said the Islamic Emirate of Afghanistan had taken significant steps towards economic growth and industrialization, creating favorable opportunities for investment. He also urged investors and industrialists to contribute to reconstruction, economic development and job creation.
Bayat Power’s return to operation comes amid a series of long-term agreements aimed at securing the future of domestic electricity generation. In May, the company extended its power production agreement with the Ministry of Energy and Water for another 10 years, guaranteeing the continued generation of 40 megawatts from domestic natural gas resources in Jawzjan.
The agreement was signed by Bayat Power CEO Ali Kasemi and Minister of Energy and Water Mawlavi Mohammad Younus Akhundzada. It followed a separate 10-year extension of the company’s natural gas supply agreement with Afghan Gas in April and an earlier power production and distribution agreement with Da Afghanistan Breshna Sherkat (DABS).
Bayat Power operates Bayat Power-1, Afghanistan’s first modern gas-to-electricity plant, which uses Siemens Energy’s SGT-A45 mobile gas turbine technology. The facility has the capacity to generate more than 300 million kilowatt-hours of electricity annually, supplying hundreds of thousands of consumers.
The company is Afghanistan’s largest private electricity producer, and its operations form part of broader efforts to expand domestic energy infrastructure and reduce dependence on electricity imports.
The resumption of the turbine is expected to reinforce the country’s local power supply while highlighting the role of private investment in Afghanistan’s energy development.
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Afghanistan’s finance minister travels to Iran for official visit
Afghanistan’s Minister of Finance, Mohammad Nasir Akhund, has travelled to Iran at the head of a delegation following an official invitation from Iran’s Minister of Agriculture, the Ministry of Finance said.
During the visit, Akhund is expected to meet with various Iranian officials to discuss bilateral economic, trade, customs and other related issues.
The visit will also include discussions on key topics for an upcoming meeting of the joint economic commission between Afghanistan and Iran.
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