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IEA reaches agreement on purchase of oil and gas with Russia

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The Ministry of Commerce and Industry says that Kabul and Moscow have reached an agreement on the purchase of oil and gas and this agreement will be signed soon.

Nooruddin Azizi, acting Minister of Commerce and Industry, said Saturday that many banks in Afghanistan and Russia are under embargo and money will be transferred through a third country.

“Alhamdulillah, we had very important and useful discussions with the Russian side. We will expand these discussions and expand economic relations, and we will reach an official agreement on the purchase of oil and wheat,” said Azizi.

According to Azizi, a special center for Afghan exports to Russia will be established to send Afghan goods to Russian markets.

In the meantime, Afghanistan Chamber of Commerce and Investment (ACCI) believes that Russian goods, especially wheat and oil, are cheaper than other countries.

Economic experts have said that the development of Afghanistan’s economic and trade relations with Russia can have a positive effect on Afghanistan’s markets and economic system.

However, the citizens of the country said that the Islamic Emirate should control the price of oil in the country’s markets by any means possible.

Based on the statements of the ACCI, currently the trade between Afghanistan and Russia totals $200 million and Kabul imports most of the food and fuel from Central Asian countries.

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UN official warns Afghanistan’s humanitarian crisis could threaten regional stability and security

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A senior United Nations official has warned that Afghanistan’s deepening humanitarian crisis could have consequences beyond the country’s borders, potentially affecting regional security, stability and migration routes.

Bruno Lemarquis, the UN Deputy Special Representative of the Secretary-General for Afghanistan and Resident and Humanitarian Coordinator, said on Friday that the country was at a “difficult crossroad” more than five years after the Islamic Emirate returned to power.

He said relative stability and security were being undermined by a fragile economy, restrictions on fundamental rights and growing humanitarian needs.

Lemarquis described restrictions on women and girls as “severe and sweeping,” saying they continue to face barriers to education, employment and participation in public life.

He noted that more than 2.6 million girls have been deprived of secondary education since 2021, while female university enrollment currently stands at zero.

The UN official also highlighted the impact of the mass return of Afghan migrants, saying approximately 6.7 million Afghans have returned to the country since 2020, many of them forcibly expelled from neighbouring countries, particularly Pakistan and Iran.

He said the large-scale returns were placing additional pressure on Afghanistan’s already overstretched public services, stressing that returnees urgently need legal documentation, protection and employment opportunities.

Lemarquis also raised concerns over a reported increase in opium poppy cultivation, citing a UN report that found production had risen by 330 percent in 2025 following a sharp decline after the 2022 ban imposed by the Islamic Emirate.

He said efforts to prevent poppy cultivation must be accompanied by viable alternative livelihoods for farmers.

Meanwhile, humanitarian needs in Afghanistan are expected to rise further in 2027 amid mass returns, regional instability and extreme weather risks associated with El Niño.

However, international humanitarian funding has continued to decline. According to Lemarquis, assistance reached $2 billion in 2023, fell to $1 billion in 2025 and has amounted to only $570 million so far in 2026.

He warned that funding shortages were threatening essential services, with around 40 percent of primary healthcare facilities expected to close between 2025 and 2026, potentially affecting 700 of the country’s 1,900 health posts.

Describing the consequences as “very, very, very significant,” Lemarquis urged the international community not to turn its back on Afghanistan.

“And there is a saying in Afghanistan that is ‘What is happening in Afghanistan is not staying in Afghanistan,’” he said.

“The consequences could go beyond the Afghanistan border, potentially affecting regional security, regional stability and migration pathways.”

 
 

 

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Pakistan reviews US plan to deport Afghans through its territory

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Pakistan’s Foreign Ministry says it is reviewing reports that the Trump administration plans to deport Afghans through Pakistan, adding that it is consulting relevant stakeholders to find a mutually acceptable way forward.

Foreign Ministry spokesperson Sajjad Haider Khan made the remarks at a press conference on Friday, saying Islamabad remained committed to close coordination with its allies and partners.

“We will continue to act in accordance with our international obligations and established protocols,” Khan said.

He added that the matter was under consideration and that all relevant aspects were being carefully examined in consultation with concerned stakeholders.

 

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Pakistan’s Bank Alfalah exits Afghanistan after 20 years

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Pakistan-based Bank Alfalah has completed its exit from Afghanistan after 20 years of operations, transferring its local banking business to Ghaznfar Bank, the lender said in a notice to shareholders on Friday.

The bank said the transaction was completed on November 5 after the signing of final agreements, approval from the State Bank of Pakistan and Da Afghanistan Bank, and fulfilment of other required conditions.

The deal allows Bank Alfalah to sell and transfer its operations in Afghanistan to Ghaznfar Bank, following approval from the regulatory authorities in both countries.

“Bank Alfalah has acco­rdingly ceased its banking operations in Afghanistan and will complete the closure of its Afghanistan bra­nches in accordance with applicable regulatory req­u­ir­ements,” the notice said.

Bank Alfalah began operating in Kabul in 2005, offering both conventional and Islamic banking services. 

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