Business
IEA meets Chinese reps at Mes Aynak copper mine in Logar province
Deputy prime minister Mullah Abdul Ghani Baradar Akhund and a number of Islamic Emirate of Afghanistan (IEA) ministers visited the Mes Aynak copper project in Logar on Friday where they met with a delegation from China’s MCC company that won the contract a few years ago to extract the mineral.
The visit on Friday was aimed at discussing the need to start the extraction of copper as soon as possible.
The Chinese company won the Aynak copper contract more than ten years ago and while work was initially started, operations shut down after a while due largely to insecurity at the time.
Baradar meanwhile said during the visit that “in order to improve the progress of Aynak copper mining, more efforts should be made.” He also said that during the mining process, efforts should be made to protect the historical monuments and to avoid causing any damage to them.
Nuruddin Aziz, Minister of Industry and Trade, who was part of the delegation said: “The current situation is a good opportunity to start practical work on Aynak copper project and it is also time to invest in Afghanistan’s mines to save this country from the economic crisis and move it towards economic progress and growth.”
The IEA delegation included Shahabuddin Delawar, Minister of Mines and Petroleum; Nuruddin Aziz, Minister of Industry and Trade; Qari Din Mohammad Hanif, Minister of Economy; Najibullah Haqqani, Minister of Telecommunications; Noorul Haq Anwar, Director General of Affairs Department; Zia ul – Rahman, Minister of Planning and Policy; and Hassamuddin Saberi, Finance and Administrative Deputy of the Ministry of Mines and Petroleum.
Business
Afghanistan eyes direct Basmati rice imports from India amid tensions with Pakistan
Afghanistan is exploring direct imports of Basmati rice from India as it seeks to diversify its supply sources amid ongoing tensions with Pakistan, according to a report by The Hindu.
The report said Indian exporters and Afghan importers are expected to meet next month to discuss expanding direct trade in Basmati rice, following preliminary talks between officials from both countries held last week with the facilitation of the PHD Chamber of Commerce and Industry.
Afghanistan consumes nearly 500,000 tonnes of Basmati rice annually and has traditionally relied on imports from neighboring Pakistan. However, industry sources told The Hindu that recent strains in Afghanistan-Pakistan relations have encouraged Kabul to seek alternative suppliers, including India.
Representatives of Afghanistan’s diplomatic mission in New Delhi reportedly took part in the discussions and expressed interest in increasing purchases of Indian Basmati rice. At present, some Indian rice reaches Afghanistan indirectly through traders in Iran and Dubai, a route that adds to transportation and transaction costs.
One proposal under consideration is to transport rice through Iran’s Bandar Abbas Port, subject to agreements between the two governments. The discussions are also expected to cover logistics, payment mechanisms, and the possibility of barter trade, with Afghanistan’s dried fruit exports to India seen as a potential component of future trade arrangements.
According to The Hindu, a direct trade arrangement could help India expand its share of Afghanistan’s Basmati market, which has historically been dominated by Pakistani suppliers.
Business
Afghanistan, Kyrgyzstan establish trade council to boost economic cooperation
The two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council.
The Embassy of the Islamic Emirate of Afghanistan in Kyrgyzstan says the Afghanistan-Kyrgyzstan Business Forum has been held with the participation of officials from both countries.
According to a statement issued by the embassy, Acting Ambassador Abdul Shakoor Haqqani said Afghanistan supports strengthening bilateral trade relations and promoting joint economic initiatives between the two countries.
The statement added that the two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council. The council aims to strengthen ties between business communities, coordinate joint initiatives, and expand and support economic projects.
Meanwhile, Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment, arrived in Kyrgyzstan on Saturday at the head of a trade delegation to participate in the forum.
Business
Afghanistan invites Turkish investors to expand joint investments
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
A high-level Afghan business delegation, led by the Chairman of the Balkh Chamber of Commerce and Investment, Mohammad Ibrahim Ghazanfar, participated in the Afghanistan–Türkiye Joint Business Council meeting in Istanbul, calling for expanded joint investment and stronger economic cooperation between the two countries.
According to a statement from the Balkh Chamber of Commerce and Investment, Ghazanfar invited Turkish investors and industrialists to explore investment opportunities across various sectors in Afghanistan, emphasizing the country’s potential for mutually beneficial partnerships.
The meeting brought together business leaders, investors, and private sector representatives from both Afghanistan and Türkiye to discuss ways to strengthen bilateral trade and economic ties.
During the event, several cooperation agreements were signed between Afghan and Turkish economic institutions. The agreements are aimed at expanding commercial relations, promoting joint investment projects, and enhancing economic cooperation between the two countries.
The meeting was chaired by Süleyman Güllü, Chairman of the Türkiye–Afghanistan Joint Business Council, and was attended by Mohammad Akbar Azimi, the Islamic Emirate of Afghanistan’s Consul General in Istanbul, along with a number of businessmen and investors from both countries.
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
-
Latest News3 days agoTAPI project sees rapid progress in Afghanistan
-
International Sports5 days agoKnockout picture begins to take shape at FIFA World Cup 2026
-
International Sports2 days agoFIFA World Cup: Iran held by Egypt after controversial late goal Is disallowed
-
Latest News5 days agoAfghanistan’s SCO participation blocked over one member’s objection, Kabulov says
-
International Sports4 days agoFIFA World Cup: Messi turns 39, shows no signs of stopping
-
Latest News5 days agoEU allocates 20 million euros to support returnees in Afghanistan
-
Latest News2 days agoDelawar says Afghanistan has achieved security and unity after 47 years
-
Latest News3 days agoAshura observed across Afghanistan with calls for unity and justice
