Business

DABS says agreement reached with World Bank to finish CASA-1000 project

Published

3 years ago

July 26, 2023

Last Updated on: July 29, 2023

Officials from Da Afghanistan Breshna Sherkat (DABS) said during their government accountability program to the nation, that they have reached an agreement with the World Bank for remaining work to be completed on the CASA-1000 power line project

“Every year, around $65 million of income from the CASA-1000 power project will come to Afghanistan,” said Safiullah Ahmadzai, operational director for DABS.

Officials also said the new Chamtal substation in Kabul will soon be inaugurated.

Officials have pointed out that the Asian Development Bank will also help with the cost of importing 500 KV of electricity from Turkmenistan.

However, DABS has stated that the energy consumption in the country has increased.

According to the national power supplier, the completion of 170 kilometers of Kajaki electricity transmission line to Kandahar, the collection of 33 billion AFN in revenue and the recovery of 1,496 acres of usurped land along with 46 buildings were other achievements in the past year.

According to reports, DABS has paid $384 million to Iran, Tajikistan, Turkmenistan and Uzbekistan in the last year for electricity.

DABS still has 500 kilowatts of electricity from domestic sources, the value of which totals 3.5 billion AFN.

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UK-Afghanistan trade falls 16.7% to £70 million over 12 months

Published

20 hours ago

November 7, 2026

Ariana News

Trade in goods and services between the United Kingdom and Afghanistan declined by 16.7 percent to £70 million in the 12 months to the end of June 2026, according to the latest figures published by the UK Department for Business and Trade.

The department’s trade and investment factsheet, released on November 6, shows that bilateral trade fell by £14 million compared with the same period a year earlier.

UK exports to Afghanistan totalled £57 million, down 18.6 percent or £13 million, while imports from Afghanistan stood at £13 million, representing a 7.1 percent decline.

The figures show that goods accounted for £32 million, or 45.7 percent, of total trade, while services made up the remaining £38 million, or 54.3 percent.

UK exports to Afghanistan included beverages, pharmaceutical products, dairy products, road vehicles and industrial machinery.

Vegetables and fruit were the leading Afghan goods exports to the UK, worth £1.7 million. Clothing and textile fabrics were also among the main products exported.

The report ranks Afghanistan as the UK’s 166th-largest trading partner, accounting for less than 0.1 percent of the UK’s total trade during the period.

Business

Afghanistan and Russia discuss expanding trade and investment ties

Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors.

Published

4 days ago

November 4, 2026

Ariana News

Afghanistan and Russia have discussed ways to strengthen bilateral trade, expand private-sector cooperation and attract new investment during a meeting in Kabul.

Inayatullah Sediqzi, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI) for Services, met with Russian Ambassador to Afghanistan Dmitry Zhirnov on the sidelines of an event marking Russia’s National Unity Day on Wednesday, November 4.

The event was hosted by the Russian Embassy in Kabul.

According to a statement from the ACCI, discussions focused on boosting economic relations, increasing bilateral trade and creating greater opportunities for businesspeople and investors from both countries.

Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors, exploring new areas of economic partnership and establishing stronger direct links between their respective business communities.

The discussions reflect Afghanistan’s continued efforts to expand economic engagement with regional and international partners, with increased trade, private-sector development and foreign investment remaining key priorities.

Business

Afghanistan’s pine nut exports increase by 69 percent

Published

6 days ago

November 2, 2026

Ariana News

Afghanistan’s pine nut exports increased by 69 percent in the first seven months of the current solar year 1405 compared with the same period last year, reaching $72 million, the Afghanistan Chamber of Commerce and Investment (ACCI) says.

According to chamber officials, the value of pine nut exports stood at $42 million during the first seven months of last year. The product has been exported to European countries, India and, particularly, China.

Meanwhile, officials at the Ministry of Industry and Commerce say they have taken steps since the beginning of the year to expand pine nut exports and identify new markets for the product.

However, some economic experts say pine nuts are among Afghanistan’s key export products and that relevant government ministries, particularly the Ministry of Industry and Commerce, should strengthen efforts to promote the product and secure access to new markets.

Afghan pine nuts are also exported to China, India, the United Arab Emirates, Saudi Arabia, Pakistan, the United States, the United Kingdom, Italy, Germany, Australia, Turkey, Austria and Kuwait.

Experts emphasize that pine nut packaging should be improved to meet the requirements and standards of different international markets in order to further increase exports.