Business
Ghani meets with ADB executives to discuss Afghanistan’s priorities

Asian Development Bank (ADB) Vice-President Shixin Chen and Afghanistan President Ashraf Ghani on Tuesday discussed ADB’s ongoing and planned assistance for the country’s development and infrastructure priorities, including efforts to support the post-coronavirus disease (COVID-19) pandemic recovery.
According to Chen: “2020 has been a challenging year for everyone, including the people of Afghanistan. However, 2020 also has the potential to bring new hope and opportunities for the country, including with the peace talks and the upcoming 2020 Afghanistan Conference.”
In a statement issued by ADB, Chen added: “This year has also brought an important commitment from our Asian Development Fund donors to continue the special allocation for Afghanistan during 2021–2024. This will help improve the lives of Afghans by addressing critical socioeconomic constraints and support important development agendas, including the post-COVID-19 recovery.”
Chen, who was joined in the meeting by other ADB officials, commended Afghanistan’s efforts to support economic development and manage the severe impact of COVID-19 on the people and economy.
ADB has supported Afghanistan’s efforts to fight coronavirus through a $40 million emergency assistance grant.
This grant has enabled an integrated approach to improve patient treatment and management through the construction of hospitals and medical facilities, provision of essential medicines and medical equipment, and capacity development of frontline health workers.
Ghani in turn expressed his appreciation for ADB’s support for infrastructure development, regional integration, and reform priorities and also thanked the ADB for its timely support to the country’s fight against COVID-19.
Afghanistan’s First Vice-President Amrullah Saleh and ADB Governor for Afghanistan and Acting Minister of Finance Abdul Hadi Arghandiwal also attended the meeting.
Discussions also focused on areas for future ADB assistance, including regional connectivity projects such as Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline and Central Asia Regional Economic Cooperation (CAREC) Corridors 5 and 6 Road and Border Services Improvement Project.
Ghani emphasized the importance of regional cooperation to lift Afghanistan’s economy and requested ADB’s support for regional cooperation programs in energy and transport sectors.
ADB is one of Afghanistan’s largest development partners and has provided $5.9 billion in assistance since 2002.
Business
Fuel prices spike again in Afghanistan

Kabul residents have expressed their concern over the increase in fuel and gas prices, saying that a liter of gasoline has jumped to 80 afghanis and that a liter of gas to 60.
If industry and commerce ministry does not control the prices, people will face many problems, they said.
The residents meanwhile say these days the price of fuel increases day by day, calling on the Islamic Emirate to take measures to prevent the private sector from raising the prices.
The drivers also complain about the high price of fuel and gas in Kabul city.
“The price of petrol has reached 80 afghanis, and the price of diesel has almost reached to 80 afghanis, and with these prices we cannot even meet our expenses, and we ask the Islamic Emirate to control the prices as soon as possible and prevent the traders because they raised the prices by 20 afghanis per liter and this is an injustice to the people,” said Azizullah, a taxi driver in Kabul.
“The dollar has dropped a lot, but the price of fuel, on the contrary, has increased. The price of fuel should also drop because those who drive taxis cannot cover their expenses with these fuel prices,” said Siraj Ahmad, another taxi driver.
A number of fuel stations authorities in Kabul, however, say the closure of Salang pass has caused the price of fuel to increase.
“The price of fuel has gone up in the world because of the war between Russia and Ukraine, and the second reason is the closure of the Salang pass, which is under construction,” said Zamarai, fuel seller in Kabul.
In the meantime, Afghanistan Chamber of Commerce and Investment (ACCI) Deputy Khairuddin Mayel also say the reason for the high price of fuel in the country is due to the increase in prices in the global markets.
“The rise in global oil prices has caused the price of fuel to rise in the country, and this has a direct effect on the Afghan markets as well. Afghanistan Chamber of Commerce and Investment requests all traders who import fuel to pay serious attention to the prices so that our compatriots can afford it,” said Mayel.
Business
Russian PM says Moscow ready to expand transport routes to Afghanistan, South Asia

Russia is ready to intensify the expansion of Eurasian transport routes, including those to Afghanistan and South Asia, Russian Prime Minister Mikhail Mishustin said.
“Further steps towards the development of the North-South international corridor are a priority. As we have said before, this project can compete with the Suez Canal in terms of cargo transportation, and its implementation will boost trade and economic cooperation between all project participants,” Mishustin said at a meeting with Uzbek Prime Minister Abdulla Aripov, Interfax news agency reported on Monday.
“In this area, we are ready to focus on the expansion of all transport routes on the common Eurasian space, including those to Afghanistan and South Asia,” he said.
Drafting a comprehensive cooperation program to develop rail transport in Uzbekistan was a key objective, Mishustin said while speaking of greater transport connection between Russia and Uzbekistan, as well as the Eurasian space in general. “Russian investors are ready to help upgrade airport infrastructure,” he said.
Uzbekistan’s Aripov said, in turn, that the development of new international transport corridors would allow access to promising markets.
“We support the development of a key transport corridor on the Eurasian continent, the North-South international corridor. We are interested in the joint launch of a new multimodal transport corridor between Belarus, Russia, Kazakhstan, Uzbekistan, Afghanistan and Pakistan. An important aspect of this initiative is the construction of a railroad in the trans-Afghan corridor,” he said.
Business
Rawnaq launches business development program for 40 small companies

Cordaid International Organization has launched a trade development training program for 40 small businesses through a project, Rawnaq, to support the private sector and create jobs for internally displaced people (IDPs).
Zalmay Isaar, manager of Rawnaq in Herat, said that the participants have learned basic business skills over a week’s training session.
“The main goal of Rawnaq project is to create jobs and work opportunities for internally displaced people, and in the second step, we are trying to get private companies to help us to achieve this goal,” said Isaar.
This project gives valid documents to the participants so that they can promote their businesses, he added.
A number of businessmen and industrialists meanwhile believe that this project will be effective for the growth of domestic production.
“It has been really effective and useful for the companies whose managers are women because it is the need of every company that they should have the capacity and build capacity,” said Behnaz Seljuqi, deputy director of Women’s Chamber of Commerce and Industries in the western zone.
On the sidelines of this program, an exhibition of handicrafts and domestic products has also been held.
It is said that many men and women who have received the necessary training in business have started small businesses for themselves.
“Inshallah, we will implement these equations and programs that we learned during the program in our work and business,” said Nazir Ahmad Noori, a businessman.
Rawnaq project started its activity in 2020 and its aim is to grow businesses so that they can provide employment for IDPs through investment.
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