Business
Chinese firm keen to invest $10 million in pharmaceuticals
The National Food and Drug Authority (NFDA) has revealed that a Chinese company, TNA, has shown keen interest in investing $10 million in the production of medicine in Afghanistan.
In a statement, NFDA highlighted that the Chinese firm expressed its willingness to contribute $10 million towards the establishment of a pharmaceutical factory in the country. This development presents a promising opportunity for Afghanistan’s pharmaceutical sector.
TNA’s executive director reportedly held a meeting with NFDA officials on Monday and discussed their interest.
NFDA officials meanwhile said that good conditions for investment have been provided in Afghanistan and that the Islamic Emirate supports investors and is ready to cooperate with them.
“The executive director of TNA, who had a meeting with the Deputy Minister of Food and Drug Authority, showed interest in investing $10 million in Afghanistan,” said Mohammad Javid Hazheer, a spokesman for NFDA.
“Their demand was to ensure their security and give them the land.”
In addition, members of the Drug Manufacturing Companies Union in the country say investment in the sector has increased under the Islamic Emirate.
“If foreign investors invest in Afghanistan, one good thing is that we will become self-sufficient, secondly, the quality of treatment will increase, and thirdly, it will affect the prices,” said a member of the union, adding that “the Islamic Emirate has provided a good environment for both Afghans and foreigners. If they come and invest, the result will be good.”
According to reports, $300 million has been invested in the pharmaceutical production sector in Afghanistan, but the IEA is hoping to make Afghanistan self-sufficient in this sector by attracting foreign investment.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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