Business
IEA hoping to cement strong economic ties with China
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.
Business
Major pharma firms eye investment in Afghanistan
Several major international pharmaceutical companies could invest in medicine production in Afghanistan as part of growing cooperation between UN agencies and Afghan authorities, who hope to strengthen the country’s healthcare system.
The development was highlighted during a meeting between Afghanistan’s Minister of Economy, Din Mohammad Hanif, and UNICEF Representative Tajudeen Oyewale, where discussions focused heavily on improving healthcare access and expanding pharmaceutical capacity.
UNICEF officials indicated that several global drug manufacturers are preparing to coordinate with Afghanistan’s Ministry of Public Health on establishing or supporting local medicine production.
The aim is to improve the availability of essential medicines for humanitarian operations while also strengthening supply in domestic markets.
The proposed investments are expected to reduce Afghanistan’s reliance on imported pharmaceuticals and improve access to essential treatments, particularly in areas affected by economic hardship and ongoing humanitarian needs.
Alongside the pharmaceutical plans, UNICEF reaffirmed its continued commitment to humanitarian assistance in Afghanistan, including programmes addressing food insecurity, climate-related pressures, and support for returning migrants.
According to figures discussed in the meeting, $520 million has been requested from international donors to support returnees. Of this, $100 million is allocated for emergency assistance, while $420 million is intended for longer-term resettlement and reintegration support.
Afghan authorities welcomed the prospect of expanded pharmaceutical investment, with Din Mohammad Hanif stressing the importance of development cooperation, job creation, and increased international engagement to support economic stability.
Officials said strengthening the pharmaceutical sector could become a key pillar in Afghanistan’s broader efforts to improve healthcare resilience and move toward greater self-sufficiency in essential medical supplies.
Business
Kazakhstan reports 2.3-fold rise in grain exports to Afghanistan
Business
Fifth section of Hairatan–Mazar-i-Sharif railway reopens in northern Afghanistan
Mullah Abdul Ghani Baradar, the Deputy Prime Minister for Economic Affairs, on Thursday officially reopened the fifth section of the Hairatan–Mazar-e-Sharif railway line in northern Balkh province, marking another step in Afghanistan’s efforts to expand its rail infrastructure and regional trade connectivity.
Speaking at the reopening ceremony, Baradar praised the Ministry of Public Works for its efforts in developing Afghanistan’s railway network and expressed appreciation for Uzbekistan’s cooperation in the project.
He said economic and commercial ties between Afghanistan and Uzbekistan have strengthened significantly in recent years, adding that a joint committee led by the governor of Balkh and involving relevant institutions has been established to further enhance bilateral cooperation.
Officials said the newly reopened section of the railway is 70 kilometers long and includes 30 kilometers of branch lines, five railway stations, and the capacity to unload up to 50 wagons simultaneously.
The government said the reopening of the railway section is expected to improve the transportation of commercial goods, increase trade volume, and facilitate regional economic connectivity between Afghanistan and neighboring countries.
The Hairatan–Mazar-e-Sharif railway is considered one of Afghanistan’s most important trade corridors, linking the country to Central Asia through Uzbekistan.
-
Latest News2 days agoChina restricts export of chemical substances to Afghanistan
-
Latest News5 days agoIndia announce squads for Afghanistan Test and ODI series
-
Latest News5 days agoMullah Baradar launches $150 million Lajward residential complex in Balkh
-
Latest News5 days agoFazlur Rehman says Pakistan’s Afghanistan policy has failed
-
Sport3 days agoMohammadi crowned champion of 2nd season of Ariana Snooker Championship
-
Business4 days agoKabul, Tashkent push industrial cooperation with planned factory transfers
-
Regional5 days agoBritish woman detained in Iran resumes hunger strike alongside husband
-
World2 days agoOne dead, 36 injured in explosion at New York dry dock
