Business
Insecurity seriously threats Boosting Economy and Investments: Upper House
Acting Minister of mine and petroleum Akbar Barakzai has declared the insecurity has seriously threatened boosting economy and investments and provide right plat form some of the opportunists to excavate mines illegally in the country, he told to senators in the upper house of the parliament on Sunday.
He was summoned by the senators in the upper house of the parliament for illegal exploiting, looting of the mines by illegal excavators and signing of some of the contracts under the supervision of Ministry of Mine and petroleum.
Mr. Barakzai has also said, “Despite of having the law for mine and petroleum approved, still we need to ensure security for boosting economy and to draw more attentions for investments in the National and International level for our country.”
Officials in Ministry of mine and petroleum have expressed their second concern on looting the mines across the country by the powerful figures and local influencers.
Acting Minister of mine and petroleum Barakzai stated that after the law for mining and petroleum has been approved by both houses of the parliament, it paves the right path for more international and National investors to invest and boost the economy of the country on mining sectors.
He also claimed that I have provided much information about those power full figures that are illegally extracting of the mines across the country for the Afghan security departments to stop their illegal activities as soon as possible.
Business
Major pharma firms eye investment in Afghanistan
Several major international pharmaceutical companies could invest in medicine production in Afghanistan as part of growing cooperation between UN agencies and Afghan authorities, who hope to strengthen the country’s healthcare system.
The development was highlighted during a meeting between Afghanistan’s Minister of Economy, Din Mohammad Hanif, and UNICEF Representative Tajudeen Oyewale, where discussions focused heavily on improving healthcare access and expanding pharmaceutical capacity.
UNICEF officials indicated that several global drug manufacturers are preparing to coordinate with Afghanistan’s Ministry of Public Health on establishing or supporting local medicine production.
The aim is to improve the availability of essential medicines for humanitarian operations while also strengthening supply in domestic markets.
The proposed investments are expected to reduce Afghanistan’s reliance on imported pharmaceuticals and improve access to essential treatments, particularly in areas affected by economic hardship and ongoing humanitarian needs.
Alongside the pharmaceutical plans, UNICEF reaffirmed its continued commitment to humanitarian assistance in Afghanistan, including programmes addressing food insecurity, climate-related pressures, and support for returning migrants.
According to figures discussed in the meeting, $520 million has been requested from international donors to support returnees. Of this, $100 million is allocated for emergency assistance, while $420 million is intended for longer-term resettlement and reintegration support.
Afghan authorities welcomed the prospect of expanded pharmaceutical investment, with Din Mohammad Hanif stressing the importance of development cooperation, job creation, and increased international engagement to support economic stability.
Officials said strengthening the pharmaceutical sector could become a key pillar in Afghanistan’s broader efforts to improve healthcare resilience and move toward greater self-sufficiency in essential medical supplies.
Business
Kazakhstan reports 2.3-fold rise in grain exports to Afghanistan
Business
Fifth section of Hairatan–Mazar-i-Sharif railway reopens in northern Afghanistan
Mullah Abdul Ghani Baradar, the Deputy Prime Minister for Economic Affairs, on Thursday officially reopened the fifth section of the Hairatan–Mazar-e-Sharif railway line in northern Balkh province, marking another step in Afghanistan’s efforts to expand its rail infrastructure and regional trade connectivity.
Speaking at the reopening ceremony, Baradar praised the Ministry of Public Works for its efforts in developing Afghanistan’s railway network and expressed appreciation for Uzbekistan’s cooperation in the project.
He said economic and commercial ties between Afghanistan and Uzbekistan have strengthened significantly in recent years, adding that a joint committee led by the governor of Balkh and involving relevant institutions has been established to further enhance bilateral cooperation.
Officials said the newly reopened section of the railway is 70 kilometers long and includes 30 kilometers of branch lines, five railway stations, and the capacity to unload up to 50 wagons simultaneously.
The government said the reopening of the railway section is expected to improve the transportation of commercial goods, increase trade volume, and facilitate regional economic connectivity between Afghanistan and neighboring countries.
The Hairatan–Mazar-e-Sharif railway is considered one of Afghanistan’s most important trade corridors, linking the country to Central Asia through Uzbekistan.
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