Business
Balkh factory owners concerned about ongoing economic crisis
Balkh Chamber of Industries and Mine said that 90 percent of factories in the province are under extreme financial duress due to the economic crisis gripping Afghanistan.
According to officials, their problems stem from limited access to funds in bank accounts and to the limited support provided by the authorities.
Officials urged the Islamic Emirate of Afghanistan (IEA) to support domestic manufacturers and said if they did, export volumes would increase.
One member of the chamber said however that they were optimistic about the future.
“Factories are restarting their activities day by day. It has increased now. We are optimistic about the future. As you know factories produce employment opportunities… (factories) will impact the economy,” said Sayed Ismail Hussaini, a member of the Balkh chamber.
Some local businessmen said that they have been struggling since the takeover by the IEA in August.
“We export to European countries and to Russia. Now 80 percent of our work faced problems,” Sayed Hamidullah, head of a factory in Balkh.
Balkh women, employed in local factories, meanwhile called on the IEA to provide more job opportunities for women.
“The weather is cold, we face many problems, all should keep in mind the situation of women,” said Zaiba, one female factory worker.
“Big factories in Balkh should be reopened, because people face problems, unemployment has increased,” said Gull Chaman another woman.
“We call on the government to reopen factories in Balkh,” said Fatima.
Business
Afghanistan approves five-year power development plan to boost domestic energy production
The strategy includes the implementation of 25 electricity generation projects that will harness Afghanistan’s domestic energy resources, including hydropower, solar, wind and coal.
Afghanistan has approved a comprehensive five-year national power development plan aimed at expanding domestic electricity generation, strengthening the country’s transmission network and reducing its reliance on imported electricity.
The plan, which was previously endorsed by the Economic Commission chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar, has now received final approval from the Supreme Leader.
The strategy includes the implementation of 25 electricity generation projects that will harness Afghanistan’s domestic energy resources, including hydropower, solar, wind and coal. It also outlines the completion of 13 ongoing and 23 new electricity transmission projects, 21 ongoing and 21 planned substation projects, and 34 electricity distribution projects across the country.
Officials said the initiative is expected to significantly expand electricity access, improve the reliability of the national power grid and strengthen Afghanistan’s energy infrastructure while reducing dependence on imported electricity.
The government said the five-year plan forms part of its broader strategy to promote economic development, support reconstruction efforts and enhance financial self-reliance through greater investment in domestic energy resources. Once completed, the projects are expected to contribute to Afghanistan’s long-term energy security and move the country closer to electricity self-sufficiency.
Business
Afghan, Iranian firms sign three cooperation MoUs at Kabul meeting
Three cooperation agreements were signed between Iranian and Afghan companies during a business meeting held in Kabul aimed at expanding trade and economic ties between the two countries.
The gathering, hosted by the Embassy of Iran in Kabul, brought together more than 200 Iranian and Afghan business leaders, industrialists, and investors.
According to an embassy statement, Iran’s chargé d’affaires in Kabul, Alireza Bigdeli, highlighted the existing potential for expanding economic and trade cooperation between Iran and Afghanistan.
Following the opening remarks, members of the Iran–Afghanistan Joint Chamber delegation held sector-specific discussions with Afghan business representatives across key industries, including petrochemicals, construction, pharmaceuticals, cement production, laboratory equipment, food processing, battery manufacturing, and technical and engineering services.
Business
Iran-Afghanistan joint chamber of commerce delegation arrives in Kabul to boost trade ties
The delegation will participate in Afghanistan’s National and International Industry and Mines Exhibition and hold business meetings.
A delegation from the Iran-Afghanistan Joint Chamber of Commerce has arrived in Kabul to take part in an international exhibition, according to the Iranian Embassy in Afghanistan.
In a statement posted on its X account on Thursday, the embassy said the delegation will participate in Afghanistan’s National and International Industry and Mines Exhibition and hold business meetings and conferences with Afghan officials.
The embassy added that the visit aims to expand trade relations between Afghanistan and Iran and strengthen economic cooperation between the two neighboring countries.
The Afghanistan National and International Industry and Mines Exhibition opened in Kabul on Wednesday, June 29, 2026, bringing together domestic and foreign participants to showcase opportunities in industry, mining, and commerce.
Afghanistan and Iran share long-standing economic relations, with trade cooperation continuing despite ongoing regional political and financial challenges.
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