Business
Despite Reforms Next Year’s National Budget at Risk of Misuse: IWA
The Integrity Watch Afghanistan (IWA) on Sunday said that the next fiscal year’s national budget is at risk of misuse by the government and some influential figures, asserting that if the budget was approved by parliament it will have harmful consequences on development projects in the country.
Syed Ikram Afzali, the head of IWA said that despite reforms in the process, the national budget is at risk of misuse by the government and powerful men. “The government has failed to transform the budget into a national process so that the people could have a clear voice in the budgeting process.”
The watchdog stressed that some high-ranking figures close to the president are promising implementation of major development projects in many provinces without having the budgetary document.
“In last two months, our findings show that some high-ranking authorities of the president’s office have had traveled to provinces, where they pledged people of new development projects beyond a procurement process and budget plan which is disrespectful to the government structure,” said Naser Timory, a researcher of IWA.
The members of the IWA noted that the parliament should not take immediate decision regarding the next year’s national budget.
The presidential palace did not comment in this regard yet.
In October, the cabinet has approved in principle the national budget for the fiscal year 2019, allocating 399 billion Afghanis in the proposal, from which half of them will be paid for by domestic revenue.
Business
Afghanistan, Kyrgyzstan aim to boost trade to $1 billion
Both sides welcomed the steady growth in trade between the two countries in recent years and agreed on the strategic goal of increasing bilateral trade to reach $1 billion.
Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, met with Kairat Tursunkulov, Deputy Foreign Minister of Kyrgyzstan, in Kabul this week to discuss ways to strengthen economic and trade ties between the two countries.
The meeting was also attended by Turdakun Sadykov, Kyrgyzstan’s ambassador to Afghanistan.
Azizi expressed appreciation for Kyrgyzstan’s participation in the recent Afghanistan–Central Asia consultative meeting and underlined the importance of expanding bilateral trade and economic cooperation.
Tursunkulov described Afghanistan and Kyrgyzstan as “brotherly nations” with strong cultural connections. He extended an invitation for Azizi to visit Kyrgyzstan to further enhance collaboration.
Both sides welcomed the steady growth in trade between the two countries in recent years and agreed on the strategic goal of increasing bilateral trade to reach $1 billion.
In addition, Azizi highlighted ongoing construction projects in Kyrgyzstan and suggested that Afghan construction companies and skilled workers could contribute their expertise to support development efforts in the country.
Business
Kazakhstan eyes rare metals mining projects in Afghanistan and Rwanda
As Kazakhstan looks to expand its global mining footprint, the exploration of rare metals in Afghanistan and Rwanda marks a significant step towards diversifying its mining interests.
Kazakhstan is actively exploring mining opportunities in Afghanistan and Rwanda, focusing on rare metals, as part of a broader strategy to expand its resource development portfolio. According to a report by Kazinform, Tau-Ken Samruk, Kazakhstan’s national mining company, is conducting laboratory studies on mineral samples obtained from both countries.
The announcement was made by Iran Sharkhan, Kazakhstan’s Vice Minister of Industry and Construction, during the Geoscience & Exploration Central Asia 2026 event. Sharkhan emphasized the substantial resource potential in Afghanistan and Rwanda, noting that current efforts are directed towards evaluating the legal and regulatory frameworks in these countries, as well as verifying the geological prospects before proceeding with potential mining operations.
The laboratory testing, which is taking place at Tau-Ken Samruk’s facilities and additional labs in Kazakhstan’s Karaganda region, involves comprehensive analysis of base metals, rare metals, and rare earth elements from the two countries. These tests will determine the viability of large-scale mining operations in the future.
Sharkhan further indicated that if the laboratory results confirm promising geological findings, more detailed plans for mining projects will be disclosed in the coming months.
The report also highlighted that Kazakhstan’s major mining companies have already invested nearly 150 billion tenge into scientific research in the country’s mining sector, reinforcing the nation’s commitment to advancing its mining industry on both the local and international stages.
As Kazakhstan looks to expand its global mining footprint, the exploration of rare metals in Afghanistan and Rwanda marks a significant step towards diversifying its mining interests.
Business
Tripartite agreement to launch new Russia–Turkmenistan–Afghanistan transit corridor
The agreement is scheduled to be finalized on the sidelines of the Kazan Forum 2026, according to Russian media reports.
A tripartite agreement to establish a new trade and transit corridor linking Russia’s Republic of Tatarstan, Turkmenistan, and Afghanistan is expected to be signed in May, opening a fresh route for the movement of goods between Russia and Afghanistan.
The agreement is scheduled to be finalized on the sidelines of the Kazan Forum 2026, according to Russian media reports. The proposed corridor is seen as a strategic alternative to existing routes, particularly the North–South Corridor, which has faced disruptions due to ongoing tensions in Iran.
Rustam Khabibullin, head of the Russian Business Center in Afghanistan, said the new route could significantly streamline cargo transport between Russia and Afghanistan. He added that the corridor may also attract companies from Europe and Asia seeking more stable and reliable logistics options.
Afghanistan is considered a key supporter of the initiative. Once operational, the corridor is expected to facilitate direct shipments from Tatarstan to Afghanistan, reducing reliance on indirect transit routes through Central Asia.
The development has been welcomed by members of Afghanistan’s private sector, who say that expanding transit infrastructure and logistics networks could boost trade and contribute to economic growth.
In recent years, Afghanistan has emerged as an important market for Tatarstan’s halal products. According to reports, Afghan imports of halal goods from Tatarstan reached $51.7 million in 2025, marking a notable increase compared to the previous year. However, much of this trade has so far been conducted indirectly via third countries.
The planned corridor is expected to enhance direct trade links and improve efficiency in regional commerce.
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