Business
DABS asks government for $50 million loan
Officials in Da Afghanistan Breshna Sherkat say that the income of the company has reduced by 60% following the Coronavirus outbreak. They warn if the government doesn’t issue the loan; DABS will not be able to afford to buy electricity from domain countries.
The spokesperson for DABS underlined that the company needed a loan of $50 million to meet its problems.
He warned that without the loan, no electricity could be purchased from the neighboring countries.
Wahidullah Tawhidi, the spokesperson for DABS, said, “Afghanistan’s electricity is imported, and we pay $25 million to the neighboring countries every month; therefore, we want the government to give us a loan of $50 million.”
It is noteworthy that the ministry of finance has said that the requisition of DABS for the loan has been under process.
The outbreak of COVID-19 pandemic has affected not only the Da Afghanistan Breshna Sherkat but some other businesses too.
The Afghanistan Chamber of Commerce and Investment warns that without the government’s financial backup, companies will go bankrupt.
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
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