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Iran’s exports to Afghanistan via Dowqarun-Islam Qala border hits $44 million

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(Last Updated On: July 30, 2023)

Iran’s Governor of Taybad Mehdi Davandeh has said that Iran’s exports to Afghanistan through the Dowqarun-Islam Qala border crossing increased substantially in the first four months of this solar year.

Davandeh said between March 21 and July 22 exports to Afghanistan totaled over 150,000 tons valued at $44.5 million.

This was an 8% and 7% year-on-year rise in weight and value respectively, Davandeh told Mehr News on Saturday.

He added that the main commodities exported by Iran to Afghanistan include foodstuffs, petroleum products, and a variety of building materials.

During the same period, 170,829 tons of goods worth $596.2 million were transported to Afghanistan via Iran’s Dowqarun border from other countries, he said.

Davandeh also stated that in the same period of time, 20,272 tons of goods worth $48.8 million transited from Afghanistan to other countries through Iran’s Dowqarun border.

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Afghanistan reaches self-sufficiency in production of 133 items: MoIC

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(Last Updated On: April 13, 2024)

The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.

The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.

The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.

“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.

Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.

The chamber officials stressed expanding the culture of using domestic products in government projects.

“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.

Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.

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DAB declares online currency exchanges illegal

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(Last Updated On: April 9, 2024)

Da Afghanistan Bank (DAB) announced Monday that online exchanges are banned and legal action will be taken against anyone who violates the order.

DAB said in an announcement that it has not issued any license to any person or company to operate an online exchange, because such activities are illegal.

“Da Afghanistan Bank requests our dear compatriots to refrain from online exchange transactions due to the risks, damages and subsequent consequences of these transactions,” it said.

DAB added that the issue has been shared with intelligence and security institutions and legal action will be taken against violators.

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Azizi says efforts ongoing to find alternative trade routes

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(Last Updated On: April 8, 2024)

Minister of Commerce and Industry Nooruddin Azizi said at a meeting that the ministry is trying to find additional routes to boost trade for the private sector.

As a landlocked country, Afghanistan has regularly faced challenges regarding trade, especially in the transfer of goods over land.

Now, however, the Islamic Emirate is trying to find alternative ways of doing business, so a meeting was convened by the Ministry of Commerce and Industry.

The Acting Minister of Commerce and Industry said in this meeting that the search for an alternative way for the country’s trade is not blocking other roads and ports, but the Islamic Emirate is trying to create facilities for the private sector.

Abdulsalam Jawad Akhundzada, the spokesperson of the Ministry of Commerce and Industry, says that: “The leadership of the Ministry of Commerce and Industry has been obliged to work with the respected members of the Tariff Committee to find an alternative way for the country’s trade. In this meeting, Mr. Azizi emphasized on bringing ease to the growth of the industry. And the prosperity of the country’s trade, he said, “Looking for an alternative way for Afghanistan’s trade is not blocking other roads and ports, but we are trying to bring more convenience to the private sector.”

In this meeting, the Tariff Committee has introduced its special and technical representative for better and effective use of Chabahar port as one of the alternative ways for the country’s trade.

Abdul Nasir Rashtiya, a member of the Chamber of Industries and Mines, says: “Since Afghanistan is dependent on one route and problems arise from time to time, I think the best alternative route is Chabahar and Abbas ports, which are both closer in terms of area and in terms of transportation costs and in general having good economic relations with all neighboring countries can save Afghanistan from being isolated.”

According to experts, whenever alternative ways of business are sought and used, the country’s exports increase. He also said Afghan businessmen will have access to global markets.

However, the Director General of Customs of South Khorasan region in Iran has announced that the transit of goods from this region to Afghanistan has tripled. According to the Iranian official’s explanation, 19,936 trucks of goods were transited to Afghanistan through Mahirud Customs last year.

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