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American delegation attends Afghan trade conference in Kabul

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The Islamic Emirate will provide necessary facilities for domestic and foreign investors for the purpose of economic development and will give them their full support, the economic deputy of the prime minister said at the Afghanistan Trade and Economic Relations 2023 Conference in Kabul.

“We have provided investment opportunities to foreign investors in addition to domestic investors, and electricity has been provided for the country’s industries as far as possible, and efforts are still being made to develop electricity for the country’s industry,” said Mullah Abdul Ghani Baradar.

Members of an American trade delegation who participated at the conference say they are working to release the country’s frozen assets and to get sanctions on sanctions on the Afghan banking system lifted.

According to them, security in Afghanistan has been restored, which will provide the opportunity for foreign investment.

This is the first time an American trade delegation has visited the country since the Islamic Emirate of Afghanistan’s takeover.

“We are ready to cooperate with the private sector of Afghanistan, especially in the sectors that have problems, we want discussions on different economic sectors. Afghanistan is now ready for investment and we want to do joint work. We saw the situation closely today and understood the realities of Afghanistan,” said Jeff Grieco, President and CEO of the Afghan-American Chamber of Commerce.

Baradar meanwhile said that under Islamic Emirate rule in Afghanistan, the economy was seriously threatened, but that it is now improving. According to Baradar, in the past two years, administrative corruption has been eliminated, the cultivation and production of narcotics has been stamped out, and the Afghan currency has remained stable against foreign currencies.

“Islamic Emirate has provided all the necessary facilities for domestic and foreign investors and we fully support them, so they can be assured that their problems have been addressed on time,” said Mullah Baradar.

A number of Afghan investors, who attended the conference, said a lot of work has been done to attract investment in Afghanistan – and now, more than ever before, the opportunity to invest in the country has been provided.

“Our request to the American trade delegation is to present the real picture of Afghanistan to the people and the American government,” said Obaidullah Sader Khail, head of Afghan Business Council in the UAE.

After the US and NATO withdrawal from the country, and the collapse of the former government, the US froze Afghanistan’s foreign reserves that totalled about $7 billion. Sanctions were also imposed on the country’s banking system.

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

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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.

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New Afghanistan-China transport corridor launched via Turkmenistan

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A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.

According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.

The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.

Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.

Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.

 

 

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Uzbekistan launches new cargo corridor linking China and Afghanistan

From Uzbekistan, shipments will be transferred onto trucks and transported across Turkmenistan en route to Herat in western Afghanistan.

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Uzbekistan’s national railway operator has announced the launch of a new multimodal freight route designed to strengthen logistics links between China and Afghanistan via Central Asia.

According to Trend news agency the new corridor will see container used goods transported by rail from China through Kazakhstan’s Altynkol station into Uzbekistan. Cargo will then be handled at the Bukhara logistics centre, operated by Uztemiryulkonteyner, before continuing its journey by road.

From Uzbekistan, shipments will be transferred onto trucks and transported across Turkmenistan en route to Herat in western Afghanistan.

Previously, freight along this trade corridor was largely routed via sea from China to Iran’s Bandar Abbas port, before continuing overland into Afghanistan. The new overland alternative is expected to streamline logistics and improve reliability.

Covering approximately 7,400 kilometres, the route is projected to reduce transit times to around 30 days, offering a more efficient option for regional cargo movement between East Asia and South Asia.

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