Business
IEA trade delegation heads to Moscow
A delegation of the Islamic Emirate of Afghanistan (IEA) led by the acting minister of industry and commerce left Kabul Sunday for Moscow to purchase essential commodities including fuel.
“We will try to sign agreements for the purchase of basic commodities including wheat, sunflower cooking oil (as they have big factories for it) and also fuel including diesel, petrol and LPG gas,” Nooruddin Azizi, the acting minister of industry and commerce, said before his departure. “We are in talks with their major companies.”
Azizi said that during the visit they will met with the ministries of agriculture, energy and commerce.
“We hope we will have a great achievement which will be in the interest of the Afghan people,” he said.
Food and fuel prices have gone up significantly in recent months in Afghanistan, the economy of which has been isolated following last August’s political change.
“The industry and commerce minister’s trip to Moscow under existing circumstances holds special significance. We should engage with all countries to boost trade and seize the opportunities,” said Sakhi Ahmad Paiman, deputy head of the Chamber of Industries and Mines.
Mirwais Haji Zada, deputy head of the Chamber of Agriculture and Livestock, said that there is an opportunity to increase trade with Russia.
He said that Afghanistan can also increase pomegranate and dried fruits exports to Russia.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
-
Latest News3 days agoTajikistan shifts stance on Afghanistan amid rising border tensions
-
Latest News5 days agoAround 2.3 million tourists visited Afghanistan’s recreational areas during Eid: Ghufran
-
Sport5 days agoAfghanistan squad hit by withdrawals ahead of AFC Asian Cup Qualifiers
-
Latest News5 days agoIslamic Emirate releases American prisoner Dennis Coyle
-
Latest News4 days agoTwo civilians killed, eight injured in fresh shelling by Pakistan in Kunar
-
Latest News2 days agoRussia deems US military presence in Afghanistan unacceptable
-
Regional5 days agoUS allies in Middle East ‘edging closer’ to joining conflict
-
Latest News2 days agoIEA says Iranian drivers no longer need visas to enter Afghanistan
