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IEA says development projects will lead to job creation opportunies



(Last Updated On: April 14, 2022)

Afghanistan’s Ministry of Labour and Social Affairs said Thursday that efforts are underway to decrease the rate of unemployment in the country.

Deputy Minister of Labour and Social Affairs Mawlavi Makhdoom Abdul Salam Sadat in a meeting with directors of the ministry said that employment opportunities will be created through projects including TAPI and Qush Tepae Canal projects.

“Efforts are underway to decrease the rate of unemployment and create employment opportunities. [I order] directors of the ministry to try honestly to create employment opportunities,” read the ministry’s statement.

This comes after the unemployed rate in the country spiked considerably after the fall of the previous government and withdrawal of foreign troops in August last year.

“I was a street vendor, but we face a lack of work; we call on government to provide employment opportunities,” said Muharram, a resident of Kabul.

“I am not optimistic, but government should pay attention to the poor people,” said Gullam Mohammad, another Kabul resident.

Analysts on the other hand, called on the government to eradicate the main cause of unemployment, and provide investment opportunities for the private sector.

“From one hand, we will see economic and development aid in Afghanistan, and on the other hand, Afghanistan will solve its problem with the world,” said Abdul Nasir Rashtia, an economic analyst.

According to the Ministry of Labour and Social Affairs, employment opportunities will be created when work on big projects like TAPI and Qush Tepae are underway.


Acting commerce minister meets Russian deputy PM



(Last Updated On: May 17, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, met with Russia’s Deputy Prime Minister Alexei Overchuk to discuss trade and investment, it was announced on Friday.

Sergey Pavlov, General Director of Russian Railways, and Dmitry Zverev, Deputy Minister of Transport of Russia, were also present in the meeting, the Ministry of Industry and Commerce said in a statement.

According to the statement, the two sides discussed increasing the volume of trade, preferential tariff for Afghan goods, Russian investment in mines and water dams in Afghanistan, and Afghanistan’s role in the International North–South Transport Corridor.

They also discussed about reducing the cost of transportation through the Russian railway, removing the export tax on basic materials, arranging the trip of the delegation to the ports of Astrakhan and Makhachkala, and holding a trade connectivity conference and an expo of Afghan products in Moscow.

Azizi met with the Russian deputy PM on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

He also met with representatives of a number of Tatarstan and Russia companies and encouraged them to invest in Afghanistan.

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Azizi meets with head of Tatarstan on sidelines of Kazan Forum



(Last Updated On: May 16, 2024)

The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.

According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.

This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.

The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.

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Afghanistan’s imports and exports totaled $10.3 billion last year



(Last Updated On: May 15, 2024)

The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.

According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.

Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.

Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.

Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.

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