Business
IEA urges Afghan traders to cut reliance on Pakistan, citing repeated crossing closures
The decision comes amid escalating trade tensions between Kabul and Islamabad and the recurring shutdown of key crossings by Pakistan.
The Islamic Emirate of Afghanistan (IEA) has urged Afghan traders to reduce their dependence on Pakistan for trade and transit, citing repeated crossing closures and Islamabad’s use of “non-political issues as political tools.”
Addressing a press conference on Wednesday, Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, said that Pakistan has repeatedly obstructed Afghanistan’s trade routes, causing significant economic disruptions.
“In order to safeguard national dignity, economic interests, and the rights of our citizens, Afghan traders should minimize their trade with Pakistan and seek alternative transit routes,” Baradar said.
He emphasized that imports from Pakistan should be redirected to other markets and countries, noting that “many viable alternatives are now available.”
Baradar also instructed that all pharmaceutical imports should come from other countries and called on Afghan businessmen to close their financial accounts and end business dealings with Pakistan.
During the same press conference, Minister of Industry and Commerce Nooruddin Azizi revealed that the month-long closure of the Torkham crossing had cost Afghan traders approximately $200 million in losses.
The decision comes amid escalating trade tensions between Kabul and Islamabad and the recurring shutdown of key crossings by Pakistan, which Afghan officials say has been used as leverage in political disputes.
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.
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