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IEA hoping to cement strong economic ties with China

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(Last Updated On: February 23, 2022)

The Islamic Emirate of Afghanistan (IEA) has said foreign investors, especially Chinese investors, are welcome to invest in the country and that plenty of opportunities are available.

According to Bilal Karimi, the deputy spokesman for the IEA, China’s economic role in the country is crucial and Afghanistan “welcomes Chinese investment”.

Economic experts meanwhile said Afghanistan-China trade volume currently amounts to $2 billion annually and that China is Afghanistan’s third-largest foreign economic partner.

As one of the world’s largest economies, China has said it is hoping to help Afghanistan become a global trade contender.

Recently, China’s Foreign Minister agreed with his Pakistani counterpart, at a meeting in Beijing, to bring Afghanistan into the CPEC (China – Pakistan Economic Corridor) trade route fold, a decision that Kabul has welcomed.

“China is an important and powerful country in the world, and China’s role in our country is very important. Economically, the Islamic Emirate needs the investment of all countries, especially China,” said Bilal Karimi.

Politicians also believe that China and Afghanistan have always had good relations and that the introduction of Chinese investment is critical for Afghanistan.

“China has always been interested in investing [in Afghanistan] since the Karzai era. Even before King Zahir Khan, and this shows China has always been on the side of the Afghan people,” said Wahidullah Sabawon, Chairman of the Islamic Unity Party of Afghanistan.

Economists believe that China, by having up-to-date technology, can help Afghanistan progress and develop technologically.

“China is a very close country and friend to us. We have very big trade with them. We used to trade with China for up to $2 billion. Now it is Afghanistan’s third-largest economic partner in the world,” said Khan Jan Alkozai, deputy director of ACCI.

Afghans on the other hand have expressed satisfaction with China’s assistance in the past, saying that by investing in Afghanistan, China can provide job opportunities for Afghans.

“China is a great world power and it is good that Afghanistan is asking for its help,” said Ahmad, a resident of Kabul.

“China is an industrial country that can cooperate well with Afghanistan,” said Mohammad Qasim, another Kabul resident.

“When China helps Afghanistan, jobs will be created, people will no longer be killed on the border while fleeing the country,” said Khalid, another resident.

Religious scholars also said that help and friendship from people around the world knows no bounds. All countries need to have a positive view towards Afghanistan, they said.

“The Chinese government is an example to all non-Muslim countries, and they can help the people of Afghanistan,” said Hussain Jafari, a religious scholar.

The Chinese government has meanwhile distributed several consignments of food and non-food aid to the people of Afghanistan since the Islamic Emirate came to power, and China was the first country to provide hundreds of thousands of doses of COVID-19 vaccines to the people of Afghanistan.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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