Business
Construction companies call for govt, foreign community to pay their debts
Afghanistan’s Construction Union has called on the Islamic Emirate of Afghanistan (IEA) and the international community to pay the money owed to them for projects already worked on.
Union officials called a press conference in Kabul on Tuesday to address the issue of non-payment and said that about 2,000 construction companies are owed money for projects carried out for the former government and the international community.
“We don’t have money. People want money from us, because of this [problem] four companies have closed; our sector is facing severe financial pressure,” said Mohammad Nasir Mohtasibzada, the head of the union.
Some members of the union meanwhile called on the IEA to clarify the fate of hundreds of incomplete projects.
They also called for the release of Afghanistan’s frozen assets, which amount to over $9 billion.
“We urge the international community to release the frozen money, in order to put an end to the current economic crisis,” Shams Ur Rehman, a member of the union said.
Ministry of Finance officials meanwhile said that efforts are underway to resolve the problems faced by construction companies.
“We are committed to helping construction companies financially; one we have established a commission to investigate this, second to give money to the private sector,” said Ahmad Wali Haqmal, spokesman for the Ministry of Finance.
Economic analysts say that the Ministry of Finance and international donors should resolve the problems within the private sector, adding that if this is not done, construction companies will be forced to close and an economic collapse will occur.
“The Islamic Emirate should work to prevent the collapse of the private sector,” said Abdul Bashir Sharifi, one economic analyst.
According to analysts, the IEA should also start working closely with the private sector, and monitor the implementation of big projects.
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
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