Business
Company bust for selling expired food and drugs

Afghanistan’s food and drug authority says that with the cooperation of the Intelligence Directorate, they have discovered a company that sold expired drugs, food and beverages.
The officials say that they discovered this company in PD7 of Kabul city, and have seized a large amount of expired food and drinks from this company.
This department asks the citizens of the country to pay attention to expiration dates when buying medicine and food.
Business
Uzbekistan, Pakistan discuss construction of railway through Afghanistan

Uzbekistan’s Special Representative Ismatulla Irgashev and Pakistan’s Ambassador in Tashkent, Ahmad Farooq, on Thursday met and discussed the construction of the Termez–Mazar-e-Sharif–Kabul–Peshawar railway.
A thorough exchange of views took place on the current situation in Afghanistan and the efforts of the international community and both countries to expand cooperation in the Afghan direction, Uzbekistan’s foreign ministry said in a statement.
Pakistan’s envoy emphasized the significant role of Uzbekistan in establishing a long-term and sustainable peace in Afghanistan, as well as involving the country in regional integration processes, the statement said.
The parties also discussed ongoing transport and communication projects in Afghanistan, in particular, the construction of the Termez–Mazar-e-Sharif–Kabul–Peshawar railway, it added.
Business
Pakistan passes order to allow barter trade with Afghanistan, Iran, Russia

Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and gas, the Ministry of Commerce said on Friday.
Left with barely enough foreign exchange reserves to cover one month’s imports, Pakistan’s government is desperately trying to manage a balance of payments crisis and bring inflation under control after it hit a record of nearly 38% last month, Reuters reported.
The government order, called the Business-to-business (B2B) Barter Trade Mechanism 2023 and dated June 1, lists goods that can be bartered. State and privately owned entities would need approval to participate in the trade mechanism.
After Pakistan’s first purchase of discounted Russian oil in April, petroleum minister Musadik Malik told Reuters that Pakistan would only be buying crude, not refined products under the deal.
There was no confirmation about how the payment would be made. But, Malik said purchases could rise to 100,000 barrels per day (bpd) if the first transaction went smoothly.
Last year, Pakistan imported 154,000 bpd of crude oil, little changed from 2021, data from analytics firm Kpler showed.
In May, Pakistan Petroleum Dealers Association complained that up to 35% of the diesel sold in Pakistan had been smuggled from Iran.
Pakistan’s government has also ordered a clamp down on smuggling of flour, wheat, sugar, and fertilizer to Afghanistan.
Business
Ministry of mines promises major investment in Sar-e Pul mines

The Ministry of Mines and Petroleum (MoMP) says in the next seven months, about $148 million will be invested in extracting mines in Sar-e Pul province.
In a trip to the province on Thursday, Minister of Mines and Petroleum Shahabuddin Delawar said that the process of investing in Sar-e-Pul mines will begin soon.
Delawar has promised the residents of Sar-e Pul that practical work regarding development in this province will begin within the next seven months.
At the meeting, local authorities and residents of the province also presented their suggestions for the development of the province.
Speeding up the work of mining, recruiting educated young people in the mining process, and implementing construction projects from revenue obtained from the mines are among the most basic demands that were expressed at the meeting.
He also pledged that besides taking care of the basic needs of the people, priority will be given to employing professional youth in the province.
“So far, the vast works of this project have not started and those youths of this province who are professional will be employed,” said Delawar.
Sar-e Pul province in the north of the country, has coal mines and oil and is one of the wealthiest provinces in terms of untapped minerals.
Qashgari oil wells, which are in this province, are already operational.
-
World5 days ago
Philippines, US, Japan to hold first-ever joint coast guard exercise
-
Science & Technology4 days ago
North Korea says it will launch its first military spy satellite in June
-
World4 days ago
Moscow targeted by drone attack, no casualties
-
World2 days ago
Drones attack Russian oil refineries near major oil port Novorossiisk
-
Business5 days ago
Process of exporting fresh fruit to world markets kicks off: MoIC
-
Health4 days ago
Kandahar hospital gets hi-tech MRI and X-ray equipment
-
Regional3 days ago
Pakistan’s PM meets with Belarus foreign minister, discusses ongoing cooperation
-
Business4 days ago
Five-day expo in Herat of domestic products draws good response