Business
History in the making as 18 tons of pine nuts to be shipped overland to Italy
The Ministry of Industry and Trade said Thursday that a local company was preparing to export 18 tons of pine nuts to Italy overland.
According to ministry officials, the private company meets international standards and will dispatch its consignment within the next few days.
Officials also said in the first three months of this year, $19 million worth of pine nuts was exported and that there is a growing demand for the local produce.
It is estimated that Afghanistan harvests around 30,000 tons of pine nuts every year.
However, this Italian-bound consignment will for the first time be shipped overland via Turkey.
“This is a new export by land, which will be exported from Afghanistan to Turkey first, and then to Italy, and now we have the capacity to prepare our products according to the standards of European markets,” said Abdulsalam Akhundzada Jawad, the spokesman of the Ministry of Industry and Trade.
In the past, pine nut distributors have complained about the export process as the produce was first sent to Pakistan and from there sold on to international buyers.
The Chamber of Industries and Mines says that 30,000 tons of pine nut oil is produced annually in the country and is exported to China, Saudi Arabia, United Arab Emirates, India and Pakistan by air and land.
“We consider it important to export Afghan black pine nuts to Italy, and since there is a high export capacity in Afghanistan, the Ministry of Industry and Trade should provide the conditions for export,” said Mohammad Karim Azimi, executive director of the Kabul Chamber of Industries and Mines.
Economic experts say that if the Ministry of Industry and Trade solves the transit problems faced by exporters, Afghanistan will be able to substantially increase sales of dry and fresh fruits to international markets.
“Exporting black pine nuts to European markets is very important. Besides black pine nuts, we have other very important trade and export items in the country, which should be provided for export, which is considered very important for the Afghan economy,” said Taj Mohammad Tala, an economic analyst.
Following the collapse of the former government, air cargo corridors used for exporting fresh produce were stopped. However, business owners are hopeful that newly launched overland trade corridors will now fill the gap and open up even wider markets.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
Business
Turkmenistan, Afghanistan discuss steps to speed up land acquisition for TAPI pipeline
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
Officials from Turkmenistan and Afghanistan have held talks aimed at accelerating land acquisition for the long-planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, according to Afghanistan’s Ministry of Agriculture, Irrigation, and Livestock.
The issue was discussed during a meeting between TAPI project head Murad Amanov, Afghanistan’s acting Minister of Agriculture, Irrigation, and Livestock Mullah Attaullah Omari, and Turkmenistan’s ambassador to Afghanistan Hoja Ovezov.
Amanov briefed Afghan officials on recent progress and emphasized the need to accelerate procedures related to land acquisition and the determination of land prices in line with the framework agreement signed by the four participating countries.
Meanwhile, vessels operated by the Azerbaijan Caspian Shipping Company (ASCO), part of AZCON Holding, have begun transporting pipes for the project. The shipments are being carried from the Port of Baku to the Turkmenbashi International Seaport.
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
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