Business
Chamber meets with IEA to resolve challenges, including tax issues
Afghanistan’s Chamber of Craftsmen and Shopkeepers (ACS) said Tuesday that they are facing several challenges in the country including the expectation of exorbitant taxes.
In a meeting with the Islamic Emirate of Afghanistan (IEA) and the ACS, the head of the chamber, Noorulhaq Omari called on the authorities to remove the challenges and work with investors and craftsmen to develop the sector.
Omari said if existing problems are not resolved, craftsmen will start evading tax and cease to operate in the country.
Other ACS members said that they cannot afford the taxes that have been imposed. They also urged the IEA to work with them to resolve their issues.
The Islamic Emirate, however, says that it has plans to sort out the problems – for small, medium and large businesses in the sector.
“The current tax [system], which has been in place for five years now, is not achievable in this current economic climate and will lead to tax evasion and a drop in activity,” said Omari.
Zabihullah Mujahid, the IEA’s spokesman, said substantial progress has been made in various fields in the last six months.
Mujahid said that all the energy used to end the war and the “occupation” by foreign troops will now be used “for the development of the country and the advancement of the economy and the country’s resources”.
Ministry of Finance officials meanwhile said they are looking at cutting tax for small businesses and craftsmen by more than 50 percent.
“We have offered you a discount of more than 50 percent. My request to you is not to count taxes as consumption. Tax is not consumption. This is an investment,” said Meraj Mohammad Meraj, Director General of Revenue of the Ministry of Finance.
The leadership of the Ministry of Economy also emphasized the need for people to support small businesses and craftsmen in the country.
“When there is no safe environment, people are worried, like you look at the last twenty years and the life that has passed,” said Sheikh Mohammad Khalid Hanafi, the Acting of the Ministry of Vice and Virtue of the Islamic Emirate of Afghanistan.
According to the ACS, 40 percent of the craftsmen lost their jobs due to COVID-19 and the lack of support from the previous government.
Business
Ariana Afghan Airlines lowers cargo rates on Kabul–Delhi route to boost exports
Business
Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
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.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
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.
-
Business3 days agoNew Afghanistan-China transport corridor launched via Turkmenistan
-
Sport2 days agoCanada to host opening ceremony for FIFA World Cup 2026 in Toronto
-
Latest News2 days agoSAARC failure pushes Pakistan toward trilateral ties with Afghanistan, China, Bangladesh: Dar
-
Science & Technology3 days agoJames Webb Telescope captures clearest-ever view of exoplanet’s surface
-
Regional4 days agoUS and Iran closing in on one-page memo to end war, Axios reports
-
Sport2 days agoAfghanistan rises 7 places to 21st in FIFA Futsal World Rankings
-
Sport2 days agoLos Angeles to welcome the world with historic FIFA World Cup 2026 opening event
-
Business1 day agoAfghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
