Business
Indian trucks carry cargo to Uzbekistan for first time via Afghanistan and Pakistan
Hopes of turning Afghanistan into a key trade link between Central and South Asia are high after an Indian trader exported commercial goods to landlocked Uzbekistan through Pakistan and Afghanistan this week.
VOA reported that trucks carrying 140 tons of cargo, mostly Indian sugar, departed Kabul on Wednesday for the Uzbek capital, Tashkent.
An Islamic Emirate of Afghanistan (IEA) spokesman Mawlana Zaheer told VOA the shipment arrived in the Afghan capital from Pakistan via the Torkham border crossing.
The Afghan ministry of commerce organized a special ceremony to facilitate the transit of the Indian goods, hailing it as a major step toward turning Afghanistan into a key trade link between Central and South Asia.
The commercial cargo originated from Mumbai, India, and traveled through the Karachi seaport in Pakistan earlier this month before being trucked to its Uzbek importer under a recently inked bilateral transit trade agreement between Pakistan and Uzbekistan, a Pakistani official told VOA.
Uzbek President Shavkat Mirziyoyev signed the agreement along with several other documents during his two-day official visit to the Pakistani capital, Islamabad, in early March.
The Pakistani official emphasized that the Uzbekistan-bound Indian commercial consignment was a privately arranged activity under the agreement and had no government involvement from any of the four countries.
“It will now become a regular activity, and Uzbekistan will be able to import goods from anywhere through Pakistani seaports,” said the official, who spoke on condition of anonymity because he was not authorized to talk to the media.
IEA authorities are bound to facilitate the trade activity because Uzbekistan, like landlocked Afghanistan, also has rights to access Pakistani ports to conduct international trade, the official added.
Islamabad allows Kabul to use its ports and land and air routes to conduct trade with other countries under a long-running bilateral arrangement known as the Afghanistan-Pakistan Transit Trade Agreement (APTTA).
Business
Afghanistan eyes direct Basmati rice imports from India amid tensions with Pakistan
Afghanistan is exploring direct imports of Basmati rice from India as it seeks to diversify its supply sources amid ongoing tensions with Pakistan, according to a report by The Hindu.
The report said Indian exporters and Afghan importers are expected to meet next month to discuss expanding direct trade in Basmati rice, following preliminary talks between officials from both countries held last week with the facilitation of the PHD Chamber of Commerce and Industry.
Afghanistan consumes nearly 500,000 tonnes of Basmati rice annually and has traditionally relied on imports from neighboring Pakistan. However, industry sources told The Hindu that recent strains in Afghanistan-Pakistan relations have encouraged Kabul to seek alternative suppliers, including India.
Representatives of Afghanistan’s diplomatic mission in New Delhi reportedly took part in the discussions and expressed interest in increasing purchases of Indian Basmati rice. At present, some Indian rice reaches Afghanistan indirectly through traders in Iran and Dubai, a route that adds to transportation and transaction costs.
One proposal under consideration is to transport rice through Iran’s Bandar Abbas Port, subject to agreements between the two governments. The discussions are also expected to cover logistics, payment mechanisms, and the possibility of barter trade, with Afghanistan’s dried fruit exports to India seen as a potential component of future trade arrangements.
According to The Hindu, a direct trade arrangement could help India expand its share of Afghanistan’s Basmati market, which has historically been dominated by Pakistani suppliers.
Business
Afghanistan, Kyrgyzstan establish trade council to boost economic cooperation
The two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council.
The Embassy of the Islamic Emirate of Afghanistan in Kyrgyzstan says the Afghanistan-Kyrgyzstan Business Forum has been held with the participation of officials from both countries.
According to a statement issued by the embassy, Acting Ambassador Abdul Shakoor Haqqani said Afghanistan supports strengthening bilateral trade relations and promoting joint economic initiatives between the two countries.
The statement added that the two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council. The council aims to strengthen ties between business communities, coordinate joint initiatives, and expand and support economic projects.
Meanwhile, Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment, arrived in Kyrgyzstan on Saturday at the head of a trade delegation to participate in the forum.
Business
Afghanistan invites Turkish investors to expand joint investments
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
A high-level Afghan business delegation, led by the Chairman of the Balkh Chamber of Commerce and Investment, Mohammad Ibrahim Ghazanfar, participated in the Afghanistan–Türkiye Joint Business Council meeting in Istanbul, calling for expanded joint investment and stronger economic cooperation between the two countries.
According to a statement from the Balkh Chamber of Commerce and Investment, Ghazanfar invited Turkish investors and industrialists to explore investment opportunities across various sectors in Afghanistan, emphasizing the country’s potential for mutually beneficial partnerships.
The meeting brought together business leaders, investors, and private sector representatives from both Afghanistan and Türkiye to discuss ways to strengthen bilateral trade and economic ties.
During the event, several cooperation agreements were signed between Afghan and Turkish economic institutions. The agreements are aimed at expanding commercial relations, promoting joint investment projects, and enhancing economic cooperation between the two countries.
The meeting was chaired by Süleyman Güllü, Chairman of the Türkiye–Afghanistan Joint Business Council, and was attended by Mohammad Akbar Azimi, the Islamic Emirate of Afghanistan’s Consul General in Istanbul, along with a number of businessmen and investors from both countries.
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
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