Business
‘Digital Silk Road’ on track as Afghanistan and Turkmenistan connect
Thursday marked another milestone in Afghanistan’s modern history when President Ashraf Ghani inaugurated the new fiber optic connection between Turkmenistan and the commercial port of Aqina in Afghanistan’s Faryab province.
Within four months of having signed the memorandum of understanding with government the Afghan Wireless Communication Company (AWCC) had successfully completed the task of connecting the two neighboring countries.
In a virtual address at the launch, Dr Ehsan Bayat, the founder and chairman of AWCC, said he was “delighted” to celebrate the company’s success in connecting Afghanistan with its friends in Turkmenistan – especially given the past year that has involved unprecedented challenges due to the coronavirus pandemic, which also impacted people’s ability to connect with each other across the globe.
“When Afghan Wireless embarked on the journey to build Afghanistan’s largest nationwide fiber network, we did so with the goal of realizing President Ghani’s vision to transform the country into a hub of digital data connectivity for Central Asia.
“Today marks an important milestone in the building of a digital silk road across the region with Afghanistan at its center; a road that will connect millions of Afghans to the digital economy.
He said the latest optical fiber connection, between Afghanistan and Turkmenistan, is the country’s fifth and sixth international border connections. Others include Tajikistan, Uzbekistan, and Pakistan.
“From Mazar to Jalalabad, and from Kabul to Kandahar to Kunduz, communities across the country are benefiting from high-speed connectivity. And now our connection to Turkmenistan through Torghundi and Aqina will enable Herat and western cities to become Afghanistan’s next major bridge for digital transformation,” he said.
However, Bayat stated that the impact of AWCC’s project should not be measured in kilometers of fiber laid, or megabytes of data transmitted, or even money invested but instead, it should be measured by the industries revitalized, the local businesses boosted, the jobs created, the pace of economic development and the enhancement to critical services in health, education, commerce and finance.
“This project could not be delivered without Afghanistan and Turkmenistan working together.
“Afghan Wireless’ optical fiber connection between the two countries that we are celebrating today is a powerful testament that when we work hand in hand with our neighbors, not only do we strengthen our countries individually, but we also strengthen our region together,” he said.
The Turkmenistan to Aqina cable has the capacity to transfer 2,500 megabits of the Internet and can therefore provide high quality and cheap Internet to Faryab province.
According to the Ministry of Communications and Information Technology, a fiber-optic network is the result of the rapid development of telecommunications and information technology, which has become an integral part of modern life.
The ministry states that along with the progression of technology and innovation, the shape and quality of tools have also changed to a great extent.
At the beginning of the invention of the telephone, copper cables were used to transmit information and sound, but today, with the advancement of technology and increasing human needs, these cables have been replaced by a new generation of signal conductors or fiber optics.
Because of the need for fast and cheap digital connectivity in the country, Government has already connected a total of 25 provinces in the country with the national fiber-optic network.
Business
Afghanistan eyes direct Basmati rice imports from India amid tensions with Pakistan
Afghanistan is exploring direct imports of Basmati rice from India as it seeks to diversify its supply sources amid ongoing tensions with Pakistan, according to a report by The Hindu.
The report said Indian exporters and Afghan importers are expected to meet next month to discuss expanding direct trade in Basmati rice, following preliminary talks between officials from both countries held last week with the facilitation of the PHD Chamber of Commerce and Industry.
Afghanistan consumes nearly 500,000 tonnes of Basmati rice annually and has traditionally relied on imports from neighboring Pakistan. However, industry sources told The Hindu that recent strains in Afghanistan-Pakistan relations have encouraged Kabul to seek alternative suppliers, including India.
Representatives of Afghanistan’s diplomatic mission in New Delhi reportedly took part in the discussions and expressed interest in increasing purchases of Indian Basmati rice. At present, some Indian rice reaches Afghanistan indirectly through traders in Iran and Dubai, a route that adds to transportation and transaction costs.
One proposal under consideration is to transport rice through Iran’s Bandar Abbas Port, subject to agreements between the two governments. The discussions are also expected to cover logistics, payment mechanisms, and the possibility of barter trade, with Afghanistan’s dried fruit exports to India seen as a potential component of future trade arrangements.
According to The Hindu, a direct trade arrangement could help India expand its share of Afghanistan’s Basmati market, which has historically been dominated by Pakistani suppliers.
Business
Afghanistan, Kyrgyzstan establish trade council to boost economic cooperation
The two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council.
The Embassy of the Islamic Emirate of Afghanistan in Kyrgyzstan says the Afghanistan-Kyrgyzstan Business Forum has been held with the participation of officials from both countries.
According to a statement issued by the embassy, Acting Ambassador Abdul Shakoor Haqqani said Afghanistan supports strengthening bilateral trade relations and promoting joint economic initiatives between the two countries.
The statement added that the two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council. The council aims to strengthen ties between business communities, coordinate joint initiatives, and expand and support economic projects.
Meanwhile, Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment, arrived in Kyrgyzstan on Saturday at the head of a trade delegation to participate in the forum.
Business
Afghanistan invites Turkish investors to expand joint investments
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
A high-level Afghan business delegation, led by the Chairman of the Balkh Chamber of Commerce and Investment, Mohammad Ibrahim Ghazanfar, participated in the Afghanistan–Türkiye Joint Business Council meeting in Istanbul, calling for expanded joint investment and stronger economic cooperation between the two countries.
According to a statement from the Balkh Chamber of Commerce and Investment, Ghazanfar invited Turkish investors and industrialists to explore investment opportunities across various sectors in Afghanistan, emphasizing the country’s potential for mutually beneficial partnerships.
The meeting brought together business leaders, investors, and private sector representatives from both Afghanistan and Türkiye to discuss ways to strengthen bilateral trade and economic ties.
During the event, several cooperation agreements were signed between Afghan and Turkish economic institutions. The agreements are aimed at expanding commercial relations, promoting joint investment projects, and enhancing economic cooperation between the two countries.
The meeting was chaired by Süleyman Güllü, Chairman of the Türkiye–Afghanistan Joint Business Council, and was attended by Mohammad Akbar Azimi, the Islamic Emirate of Afghanistan’s Consul General in Istanbul, along with a number of businessmen and investors from both countries.
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
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