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Construction of Sar-e-Pul and Uruzgan dams to start soon

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(Last Updated On: July 30, 2023)

Two new major dams will be built in the near future after the Islamic Emirate’s economic commission on Saturday approved contracts for the projects.

At a regular meeting of the commission, at Marmarin Palace, which was chaired by the Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar Akhund, the contracts for the construction of Sultan Ibrahim Dam in Sar-e-Pul province and the Agha Jan Dam in Chinarto district of Uruzgan were signed with the National Development Corporation.

According to the deputy prime minister’s office, the projects are scheduled to commence in the near future.

A decision was also taken at the meeting to stop the transloading of petroleum products at the Farah, Herat and Nimroz ports. Going forward, the transportation of such products will only be imported into Afghanistan in one vehicle – from source to destination.

It has been common practice for more than one tanker to be used – where fuel is transferred from one vehicle to another at border posts before entering the country.

Based on the Economic Commission’s decision, Afghan fuel tankers will also in future be authorized to transport fuel and oil into Afghanistan.

In addition, the Ministry of Justice and the Department of Revenue of the Ministry of Finance presented a plan focused on increasing revenue and implementing effective management practices. The plan entails revitalizing existing sources of income for the Ministry of Justice and exploring 14 new revenue streams within its framework.

This comprehensive strategy is expected to significantly boost the annual income of the Ministry of Justice.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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