Business
IEA leader approves law on industrial parks
Azizi asked the United Nations to consider fundamental works and investment in large and incomplete projects in Afghanistan and to solve Afghanistan’s banking problems with the international community.
Acting Minister of Industry and Commerce Nooruddin Azizi on Monday announced that a law pertaining to industrial parks has been ratified by the Islamic Emirate’s supreme leader and the process of distributing land to the private sector will begin soon.
“This is good news for the private sector,” Azizi said, speaking at an event in Kabul to discuss the private sector’s challenges and opportunities. “Allah willing, land distribution will start in the future. About 600 applicants want to establish factories in different zones.”
Azizi asked the United Nations to consider fundamental works and investment in large and incomplete projects in Afghanistan and to solve Afghanistan’s banking problems with the international community.
He said that humanitarian aid is not the solution to Afghanistan’s problems.
“It is not support that we gather here, take pictures and send it to the international community. We have to provide fundamental support,” Azizi said.
Indrika Ratwatte, Deputy Special Representative in the United Nations Assistance Mission in Afghanistan (UNAMA), said that Afghanistan should move towards self-sufficiency and stand on its own feet.
He said that the private sector plays a crucial role in this regard.
The representatives of the private sector also emphasized the importance of investment on large and infrastructure projects by the United Nations in Afghanistan. They asked the United Nations to address the country’s banking problems.
“Our banking problems should be addressed. Regarding money transfers, $100,000 is transferred at a cost of $200 in neighboring countries, but it costs $2,000 in Afghanistan. We also need full cooperation in the area of small loans,” said Yunus Momand, the deputy of the Chamber of Commerce and Investment.
The officials of the Ministry of Industry and Commerce also announced at the event that they have distributed licenses to around 1,000 private companies.
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Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.
According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.
The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.
Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.
Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.
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