Connect with us

Business

IEA approves new economic policy to boost growth and investment

The newly endorsed policy aims to lay the foundation for a developed and prosperous Afghanistan grounded in Islamic economic principles.

Published

on

The Economic Commission of the Islamic Emirate of Afghanistan, chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar, convened on Sunday at the Marble Palace to review and approve the country’s new Economic Policy.

The newly endorsed policy aims to lay the foundation for a developed and prosperous Afghanistan grounded in Islamic economic principles.

It sets out strategic goals including the creation of an attractive investment climate, promotion of domestic production and exports, job creation, poverty reduction, and fostering sustainable economic growth and stability.

During the session, members highlighted that the policy is designed to improve coordination of economic activities, ensure efficient utilization of national resources, and strengthen the role of the private sector in economic development.

In line with this vision, the Ministry of Finance was instructed to allocate the necessary budget for the expansion of the electricity network to 13 villages in Pul-e-Khumri, Baghlan province, in the fiscal year 1404. The project will be implemented by Da Afghanistan Breshna Sherkat (DABS).

The Commission also approved two significant commercial development projects. In Balkh province, a private sector investment of 740 million Afghanis will fund the construction of an eight-story commercial market comprising 878 shops on land owned by the Ministry of Hajj and Religious Affairs.

Meanwhile, in Sar-e-Pul province, a standard commercial market will be established with an investment of 96 million Afghanis.

Business

Ghulam Khan border crossing in Khost temporarily reopened after two-week closure

The crossing had been closed by Pakistani authorities nearly two weeks ago without any formal explanation.

Published

on

The Ghulam Khan border crossing in Afghanistan’s southeastern Khost province has been officially reopened for a period of 15 days, following a two-week closure that disrupted trade between Afghanistan and Pakistan, according to Border Police spokesperson Abidullah Uqab Farooqi.

Farooqi stated on Tuesday, July 16, that the temporary reopening would allow for the resumption of cargo transportation and trade activities between traders and freight companies. He emphasized that the move will help prevent further spoilage of perishable goods that had been stuck at the border.

Ghulam Khan is considered one of the most critical trade gateways between Afghanistan and Pakistan. It plays a vital role in the transportation of essential goods and raw materials between the two neighboring countries.

The crossing had been closed by Pakistani authorities nearly two weeks ago without any formal explanation. The abrupt shutdown caused significant disruptions for Afghan traders and truck drivers, with many reporting financial losses due to delayed shipments and rotting goods.

While the border has now reopened temporarily, Pakistani officials have yet to issue any formal statement regarding either the initial closure or the rationale behind its reopening.

Continue Reading

Business

Afghanistan-Pakistan trade surges 25% to nearly $2 billion in 2024

The growth was largely driven by a 31 percent increase in Pakistani exports, which rose to $1.391 billion, while imports from Afghanistan grew by 13 percent, reaching $607 million

Published

on

Pakistan trade

Bilateral trade between Afghanistan and Pakistan rose by 25 percent in the fiscal year 2024–25, reaching $1.998 billion, up from $1.603 billion the previous year, a Pakistani official told local media.

The growth was largely driven by a 31 percent increase in Pakistani exports, which rose to $1.391 billion, while imports from Afghanistan grew by 13 percent, reaching $607 million, The Nation reported.

Among Pakistan’s top-performing exports was sugar, which saw a staggering 4,333 percent increase, climbing from $5.93 million in FY2023–24 to $262.77 million.

Other key exports included construction materials, textiles, and pharmaceuticals.
However, some products—including rice, eggs, salts, electrical equipment, and footwear—recorded year-on-year declines of between 17 and 99 percent.

On a monthly basis, June 2025 marked a strong finish, with exports rising 90 percent year-on-year to $142 million, up from $75 million in June 2024. Imports, however, fell by 29 percent year-on-year and by 54 percent compared to May 2025.

Overall, June 2025 bilateral trade stood at $158 million, reflecting a 62 percent year-on-year increase and a 9 percent rise month-on-month, suggesting momentum in trade ties despite fluctuations in certain import categories.

Analysts attribute the surge to improved regional connectivity, enhanced trade facilitation, and greater demand for Pakistani goods in Afghan markets.

Continue Reading

Business

Iran’s non-oil exports to Afghanistan totaled $510 million in first quarter

A technical meeting in Kabul on April 10 reviewed progress on the Tehran-Kabul economic pact, focusing on trade, transit, mining, and agriculture.

Published

on

trucks from Iran

Iran exported $510 million in non-oil goods to Afghanistan between March 21 and June 21, making it Iran’s fifth-largest export destination, according to the Iran Customs Administration.

Officials and business leaders emphasized the growing trade relationship was key to regional stability. At a recent Iran-Afghanistan trade conference, ICCIMA’s deputy head, Payam Baqeri, called for a deeper economic partnership, citing shared history and complementary resources—such as Iran’s industrial infrastructure and Afghanistan’s mineral wealth.

Baqeri also highlighted efforts to expand trade through joint ventures, workforce development, and easing trade barriers. Meanwhile, Iran’s Agriculture Minister expressed readiness to boost cooperation in agricultural services and called for a joint committee to advance bilateral ties.

A technical meeting in Kabul on April 10 reviewed progress on the Tehran-Kabul economic pact, focusing on trade, transit, mining, and agriculture.

Bilateral trade between the two countries surged by 84% in 2024, reaching $3.2 billion.

Iran exported $3.14 billion worth of goods—mostly oil products, steel, food, and construction materials—while Afghanistan’s exports to Iran, mainly raw and agricultural products, grew by 116% to $54 million.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!