Business
IEA says 1403 was a year of economic achievements
According to economic experts, despite sanctions and global pressures, the Islamic Emirate has been able to take important steps in the economic sector.
The Islamic Emirate of Afghanistan (IEA) says 1403 was a year of economic achievements, which saw a stable afghani (AFN), the start of TAPI, and new investments. Officials said there was also an increase in trade with numerous countries.
However, banking sanctions were not lifted and the country’s foreign reserves remained frozen.
The Islamic Emirate says that despite the sanctions and the failure to release the country’s foreign reserves, they have been able to maintain the value of the Afghan currency, attract large investments in the mining sector, and also promote trade relations with countries.
Zabihullah Mujahid, spokesman for the Islamic Emirate, says that major projects have been launched in the country and efforts are underway to connect Afghanistan with countries via a railway line.
The Ministry of Commerce and Industry says that a lot of work has been done in the trade sector and seven billion dollars’ worth of investments have been made in the country this year.
The Chamber of Commerce and Investment also says that 1403 was a good year for traders as prices remained stable and the country’s exports totaled $2 billion.
On the other hand, work on some major development projects has either been completed or begun, such as:
- Completion of Kamal Khan Dam
- Completion of Shah and Arous Dam in Kabul
- Completion of Tori Dam in Zabul
- Commencement of Palatuni Dam in Paktika
- Expansion of railway lines
- Commencement of TAPI project
- Continuing the repair of the Salang Highway and the Kabul-Kandahar Road
According to economic experts, despite sanctions and global pressures, the Islamic Emirate has been able to take important steps in the economic sector.
The latest World Bank report states that the Afghan economy is however still unstable. The bank added that although the Afghan economy is witnessing slow growth after two years, it remains fragile and unstable.
The Islamic Emirate, however, said that they see a bright future ahead.
Ariana Afghan Airlines has announced a reduction in cargo service rates on the Kabul–Delhi route as part of efforts to support Afghanistan’s trade and export sector.
The airline said the new cargo rate has been set at $1.20 per kilogram, a move intended to make air freight more affordable and accessible for Afghan traders and exporters.
Bakht-ur-Rahman Sharafat, head of Ariana Afghan Airlines, said the decision is expected to play a significant role in increasing exports of domestic products and strengthening commercial activity between Afghanistan and India.
He added that Ariana will continue to introduce new measures in the future to improve its services and better meet the needs of its customers.
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.
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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