Business
IEA signs MoU with chamber of agriculture to boost the farming sector
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The Islamic Emirate’s ministry of agriculture and livestock signed a memorandum of cooperation on Sunday for the development of agriculture with the Chamber of Agricultural Products in a quest to boost the sector in the country.
The acting minister, Attaullah Omari said this was done in the hope that Afghanistan will soon become self-sufficient in providing food to the nation and that Afghanistan can become an exporter of produce.
However, officials have asked traders to ensure packaging of produce meets global standards for export purposes.
“This memorandum was signed in order to grow the agriculture [sector] in Afghanistan,” said Fazl ul-Bari Fazli, the deputy minister of agriculture, livestock and irrigation.
“The request of our memorandum is that to reach self-sufficiency, we can prepare our own food and get rid of problems,” said Khan Mohammad Fortan, head of Afghanistan’s Chamber of Agriculture and Livestock.
At the same time, an expo of domestic products was also held at the headquarters of the agriculture ministry this week.
Both men and women showcased their produce but called for the Islamic Emirate to help market their goods abroad.
“Our request from the government is to pay more and more attention to domestic products, especially in the field of agriculture, in the field of honey, saffron and materials that will have a great result for Afghanistan,” said Ghuncha Gul Karimi, one expo participant.
Based on statistics presented by the ministry, at least 80 percent of Afghan people are engaged in agriculture and livestock sectors. Afghan experts say that by managing Afghanistan’s waters and supporting agriculture and creating facilities for Afghan farmers, it will take a step towards self-sufficiency.
Business
$23 million pharmaceutical company opens in Kabul
The Islamic Emirate officials also stated that while they fully cooperate with pharmaceutical companies, these manufacturers need to produce drugs that meet international standards.
![](https://www.ariananews.af/wp-content/uploads/2024/07/pharmaceutical-company.jpg)
A new pharmaceutical company, costing $20 million, was officially opened on Thursday in Kabul in the presence of Islamic Emirate leaders, including Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.
The new company will reportedly manufacture 50 different types of drugs once fully operational.
Addressing the launch ceremony on Thursday, Baradar outlined the importance of quality in terms of pharmaceuticals and said poor-quality drugs threaten lives while good-quality medicines can save lives.
Baradar also pointed out that more manufacturing companies like this will help grow the country’s economy.
He once again called on investors, both in the country and abroad, to help in the reconstruction and development of the country and start businesses. He also said the way has been paved for them to invest and that they should make use of the opportunities available.
Health officials meanwhile said that currently there are 77 pharmaceutical companies in the country and that serious efforts are being made to make the country self-sufficient in this regard.
The Islamic Emirate officials also stated that while they fully cooperate with pharmaceutical companies, these manufacturers need to produce drugs that meet international standards.
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Business
Sugar exports to Afghanistan resume after four year break
Islamabad banned the export of sugar to Afghanistan four years ago to address shortages and control prices in the country.
![](https://www.ariananews.af/wp-content/uploads/2020/05/imported-goods.jpg)
Sugar exports from Pakistan to Afghanistan resumed this week after a four-year suspension, with over 400 vehicles crossing the Torkham border in the last four days.
According to Pakistan sources, Islamabad recently agreed to the export of 150,000 tons of sugar to Afghanistan, setting an August 15 deadline for the completion of the shipment process.
Customs clearing agents at Torkham said around 100 vehicles, each carrying 33 tons of sugar, crossed into Afghanistan four days ago and more thereafter.
Islamabad banned the export of sugar to Afghanistan four years ago to address shortages and control prices in the country.
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Chinese keen on investing in Afghanistan’s solar power sector
At the same time, the deputy minister welcomed their interest and stated that Afghanistan is a place of opportunities for investment and that the ministry is ready to cooperate.
![](https://www.ariananews.af/wp-content/uploads/2024/07/chinese-investors.jpg)
The Ministry of Industry and Commerce says that Ahmadullah Zahid, deputy minister, met with a number of Chinese investors in his office on Tuesday.
According to a statement issued by the ministry, Ehsanullah Shahab, the head of special economic zones, was also present in this meeting, where investors from China expressed their interest in investing in solar power generation and agriculture technology sectors.
At the same time, the deputy minister welcomed their interest and stated that Afghanistan is a place of opportunities for investment and that the ministry is ready to cooperate.
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