Connect with us


First phase of Afghan-Uzbek free trade zone completed



(Last Updated On: January 16, 2023)

Officials from Uzbekistan said the first phase of the free trade zone complex on the border between Afghanistan and its northern neighbor has been completed and shops are now being distributed to traders from both countries.

According to the officials, the final phase of the complex will be finished by next year.

“This plan was created to expand business relations and create jobs for Afghans and the people of Uzbekistan. In this market, along with Uzbek traders, Afghan traders and entrepreneurs can also start their work and activities. We are committed to completing the remaining parts of this market soon,” said the deputy head of the Afghan-Uzbek trade zone.

He said once complete, the complex will have 4,000 shops, health centers, guesthouses and restaurants where citizens of both countries can shop for ten days without a visa.

“More than four thousand shops, health centers, restaurants and guesthouses will be built in this market. Afghan citizens can shop in this market for ten days without needing a visa.”

Balkh Chamber of Commerce and Investment officials and traders say that the establishment of this market can provide a platform to showcase the country’s domestic products and expand the economic activities of traders.

“As a country on the verge of economic growth, the demand of Afghans is to create facilities and charge less rent so that they can get better benefits at first,” said Asadullah Asadi, head of Balkh Chamber of Commerce and Investment.

“If the common market is activated and our traders and businessmen open shops there and our handicrafts and national products go there, it will be a very good market for us,” said Haji Qalandar, an Afghan trader.

In August last year, Balkh provincial officials said plans were underway to establish the trade zone – which would be situated along the border area of Balkh province and Surkhandarya province of Uzbekistan.

Officials said 120 acres of land would be utilized and the cost would be $75 million.


Customs duties on essential food items drops by up to 70%



(Last Updated On: March 20, 2023)

The Ministry of Finance said that based on the decision of the leadership of the Islamic Emirate of Afghanistan, customs duties on basic food items have dropped by between 50 and 70 percent in the last solar year.

As a result of this decision customs duties have been reduced to the value of 6.7 million afghanis this year, the ministry said.

The decision to decrease customs duties on the food items that include flour, wheat, cooking oil, rice, and sugar, was to keep the prices down on local markets.

Continue Reading


Kunduz commerce department’s revenues rise by 48%



(Last Updated On: March 19, 2023)

Kunduz Directorate of Industry and Commerce officials say their revenues have increased by 48 percent this solar year.

According to officials, the institution has collected more than 12 million Afghanis from the extension and distribution of licenses to manufacturing companies.

Mohammad Rahim Sirat, head of Kunduz Directorate of Industry and Commerce, said they distributed licenses to 112 people and renewed the licenses for 303 people.

Meanwhile, Kunduz Municipality officials also announced that they have collected 120 million Afghanis in 11 months of the current solar year, which shows a 40 percent increase compared to the same period last year.

Tajuddin Sohak, the spokesman for Kunduz Municipality, said they collected 120 million Afghanis this year, which shows a 40 percent increase from 86 million afghanis last year.

But shopkeepers and owners of manufacturing companies in Kunduz complain about the lack of a market for their products. They say that in the past their goods used to be exported abroad, but now exports have declined.

“In the past, we used to export to Iran, Pakistan, and Iraq, but our exports have decreased compared to the past. We ask the government to cooperate with us to provide the basis for export,” Wasim Akram, an entrepreneur, said.

Local officials in Kunduz say they have always tried to facilitate trade. They express hope that in the new year their efforts for foreign marketing of manufacturing companies will produce good results.

Continue Reading


IEA leader met customs officials, asked them to provide facilities for merchants



(Last Updated On: March 17, 2023)

The leader of the Islamic Emirate of Afghanistan, Mawlavi Hibatullah Akhundzadah, met with ministry of finance customs officials on Wednesday and shared necessary guidance and recommendations.

According to the ministry statement, Deputy Minister of Finance for Revenue and Customs, Mullah Muhammad Nasser Akhund, General Director of Customs, Mufti Abdul Matin Saeed, and all the officials of the country’s customs were present in the meeting.

At the meeting, Deputy Minister of Finance for Revenue and Customs and the General Director of Customs of the Ministry presented a detailed report related to their performance since the takeover of the country by the Islamic Emirate and also shared their recommendations for improving related matters with Mawlavi Hibatullah Akhundzadah, the ministry said.

The leader of the Islamic Emirate of Afghanistan pointed out to the officials their assigned responsibilities and gave them the necessary guidance.

“The leader also gave them recommendations in order to provide better services for the Islamic ruling system, treat people well, provide facilities for merchants and other related sectors,” read the statement.

Continue Reading


Copyright © 2022 Ariana News. All rights reserved!