Business
Central Bank to replace old and damaged banknotes
Da Afghanistan Bank (Central Bank) said Tuesday that new banknotes are being printed and will be put into circulation in Afghanistan soon.
Addressing a press conference, the Bank’s General Manager for Payments Mir Aziz Baraki stated that the bank collects around 3.8 billion AFN worth of old and damaged banknotes from circulation each year and replaces them with new banknotes.
Baraki added that the bank would issue 380 million notes this year in the denominations of 10, 20, 50, and 100 AFN.
The official said an amount has already been printed and would be released into circulation soon.
There is an estimated 293 billion AFN (approximately $3.7 billion) in circulation in Afghanistan currently.
Business
Afghan trade delegation visits Bangladesh to boost economic ties
The delegation, led by Deputy Minister of Industry and Commerce Ahmadullah Zahid, includes senior government officials as well as five Afghan traders representing various sectors.
A senior Afghan trade delegation has arrived in Bangladesh on an official visit aimed at strengthening bilateral trade and expanding economic cooperation between the two countries.
The delegation, led by Deputy Minister of Industry and Commerce Ahmadullah Zahid, includes senior government officials as well as five Afghan traders representing various sectors.
According to Afghanistan’s Ministry of Industry and Commerce, discussions during the visit will focus on enhancing trade relations, facilitating exports and imports, and identifying opportunities for joint investment.
Talks are also expected to explore broader commercial cooperation and the potential signing of memoranda of understanding to support long-term trade partnerships.
Officials said the visit is intended to help Afghan traders gain access to new markets, increase export opportunities for Afghan products, and promote closer regional economic integration.
The Ministry emphasized that such high-level engagements play a key role in driving economic growth, expanding trade links, and strengthening the foundations of Afghanistan’s national economy.
Business
500 Jeribs of land allocated for industrial park in Kandahar
The land, located in the Noda area of Daman district, was formally handed over to the Directorate of Industry and Commerce after the completion of all legal and administrative procedures.
Five hundred jeribs of state-owned land have been officially allocated for the construction of an industrial park in Daman district of Kandahar province, based on a decree issued by the Islamic Emirate’s Supreme Leader decree.
The land, located in the Noda area of Daman district, was formally handed over to the Directorate of Industry and Commerce after the completion of all legal and administrative procedures.
The transfer was carried out by the General Directorate of Land Affairs of the Ministry of Agriculture, with technical cooperation from the Kandahar Department of Agriculture, Irrigation and Livestock.
Esmatullah Farhad, director of land transfer and distribution, said a standard industrial park will be developed on the site, providing space for industrial factories and contributing to the growth of industry and expansion of trade in Kandahar.
Officials say the move is part of broader efforts to strengthen economic infrastructure, support investment, and promote domestic production in the country.
Business
Afghanistan Chamber of Commerce officials meet FM Muttaqi to discuss trade issues
Officials from the Afghanistan Chamber of Commerce and Investment (ACCI) met with Foreign Minister Amir Khan Muttaqi on Tuesday to discuss key issues related to trade, transit, and investment in the country.
During the meeting, Syed Karim Hashemi, head of the ACCI, highlighted the importance of attracting foreign investors to various economic sectors and called on the Ministry of Foreign Affairs to provide additional support and facilitation to encourage investment. He also addressed matters concerning the operations and development of the Chamber itself.
Minister Muttaqi welcomed the Chamber’s proposals and pledged full cooperation from the Ministry in trade and transit initiatives, particularly by creating enhanced facilities for foreign investors to promote economic growth in Afghanistan.
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