Business
Afghanistan, Iran advance ties with new economic, trade agreements
Senior officials from Iran’s Khorasan Razavi Province and Afghanistan’s Herat Province met for talks on trade and economic issues, resulting in agreements across a broad range of sectors.
In a key move to bolster regional cooperation, senior officials from Iran’s Khorasan Razavi Province and Afghanistan’s Herat Province convened for an economic and trade summit, resulting in preliminary agreements across a broad range of sectors.
The discussions focused on strengthening collaboration in industry and mining, customs and trade, transit and transportation, agriculture, education, engineering services, and medical tourism.
Both delegations underscored the importance of expanding bilateral economic ties as a path toward regional prosperity.
Gholam Hossein Mozaffari, Governor of Khorasan Razavi, highlighted the significance of the summit, noting that the joint economic working group and the sixth session of the Joint Economic Committee yielded constructive outcomes.
He praised the active involvement of private sector representatives from both provinces, adding that their engagement enriched the dialogue and paved the way for a forthcoming memorandum of understanding to formalize the cooperation.
Noor Ahmad Islamjar, Governor of Herat, expressed optimism about the future of bilateral relations. “This visit has great potential to bring prosperity to both our peoples,” he said, acknowledging Mozaffari’s leadership in advancing economic collaboration.
The meeting concluded with a symbolic exchange of gifts, reinforcing the goodwill and mutual respect between the two provinces and signaling a shared commitment to sustained cross-border engagement.
Cross-border trade between Iran and Afghanistan remains critical, particularly through border provinces like Herat and Khorasan Razavi. Iran is one of Afghanistan’s largest trading partners, supplying energy, construction materials, food, and pharmaceuticals.
Afghanistan exports agricultural products, precious stones, and handicrafts to Iran.
This summit marks a meaningful step forward in Iran-Afghanistan relations, reflecting a joint vision for regional economic development, diplomatic engagement, and deeper ties between neighboring communities.
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.
-
Latest News2 days agoTAPI project sees rapid progress in Afghanistan
-
International Sports5 days agoKnockout picture begins to take shape at FIFA World Cup 2026
-
International Sports2 days agoFIFA World Cup: Iran held by Egypt after controversial late goal Is disallowed
-
Latest News5 days agoAfghanistan’s SCO participation blocked over one member’s objection, Kabulov says
-
International Sports4 days agoFIFA World Cup: Messi turns 39, shows no signs of stopping
-
Latest News5 days agoEU allocates 20 million euros to support returnees in Afghanistan
-
Regional5 days agoIran’s Pezeshkian says without missiles his country would be ‘just like Gaza’
-
Latest News1 day agoDelawar says Afghanistan has achieved security and unity after 47 years
