Business
Iran’s private sector keen to invest in Afghanistan

Nooruddin Azizi, the Acting Minister of Industry and Commerce, met with a delegation of Iranian private sector representatives on Sunday and they arrived in Kabul along with Iranian Foreign Minister Abbas Araqchi earlier in the day.
According to a statement issued by the Ministry of Industry and Commerce, the Iranian delegation expressed an interest in investing in the mining, agriculture and industry sectors, and announced their readiness to train Afghans in these areas.
They also stated they were interested in cooperating in the service, technical and engineering sectors, and in the exportation of minerals and agricultural produce from Afghanistan.
The two sides also discussed increasing the level of trade between the two countries, maximizing the use of Chabahar Port, preventing low-quality exports to Afghanistan, resolving issues at border markets, increasing exports to Iran, and reducing transportation and transit costs.
Meanwhile, Azizi, emphasized the need for joint cooperation in various fields, especially Chabahar Port.
He stated that Afghanistan has moved towards increasing trade in accordance with its policy plan, and that obstacles need to be removed.
The Acting Minister of Industry and Commerce noted that Afghanistan was committed to coordinating and cooperating closely with the Iranian private sector.
Business
Exports to Pakistan grind to a halt over faulty scanner at Torkham
Pakistani authorities closed the border to vehicles coming in from Afghanistan after the scanning machine used to track imports developed technical problems.

A faulty scanner on the Pakistan side of Torkham border left goods trucks stranded in Afghanistan this week, Pakistani media reported.
Pakistani authorities closed the border to vehicles coming in from Afghanistan after the scanning machine used to track imports developed technical problems.
Importers in Pakistan told Dawn that both the Afghan and Pakistani authorities allowed only empty trucks stranded on the Afghan side to cross into Pakistan.
This comes after the border crossing was closed for a month due to disputes and clashes between border forces. The crossing only reopened late March.
According to border officials, this is the second time that the scanner developed problems since the reopening of the crossing. As a result exports from Afghanistan to Pakistan ground to a halt. Exports included coal, soapstone, fresh produce and dried fruit.
Frustrated traders have called for the scanning system to be replaced with a modern version in order to resolve trade challenges at the border.
Traders also voiced their frustration over customs tariffs at the border. They said the customs terminal operator, National Logistic Cell, charges Rs8,000 for every truck that crosses, whether it is loaded or empty.
Business
Gold climbs to record high as tariff worries bolster safe-haven demand

Gold’s record run extended to another all-time high on Tuesday, buoyed by safe-haven demand as investors brace for U.S. President Donald Trump’s planned announcement on reciprocal tariffs.
Spot gold was up 0.3% at $3,131.56 an ounce at 0914 GMT, after hitting a record high of $3,148.88 earlier, Reuters reported.
U.S. gold futures were 0.3% higher at $3,159.10.
“Trump’s tariff comments and his increasingly volatile stance on Russia’s war against Ukraine are proving the perfect chaos for new record gold prices,” surpassing even the COVID pandemic five years ago, said Adrian Ash, head of research at online marketplace BullionVault.
Trump said on Sunday his reciprocal tariffs to be announced on Wednesday would include all countries, rather than a limited number.
Goldman Sachs on Monday raised the probability of a U.S. recession to 35% from 20% and said it expected more rate cuts by the Federal Reserve, as Trump’s tariffs roil the global economy and upend financial markets.
Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15% this year. Non-yielding bullion also tends to do well in a low interest rate environment.
“The market is watching April 2 closely for further economic indicators that could impact Federal Reserve policy decisions. If rate cuts are confirmed, this would provide additional support for gold’s upward trajectory,” said Alexander Zumpfe, a precious metals trader at Heraeus Metals Germany.
Bullion’s rally this year has also been supported by strong demand from central banks, geopolitical instability in the Middle East and Europe, and increased flows into gold-backed exchange-traded funds.
In the last session, gold closed out its strongest quarter since 1986, and climbed over $3,100/oz, marking one of the most significant upswings in the precious metal’s history.
Investors will also monitor U.S. job openings data later on Tuesday and the U.S. non-farm payrolls report on Friday.
Silver steadied at $34.06 an ounce, platinum fell 0.4% to $988.35, and palladium gained 0.3% to $985.86.
Business
Efforts underway to expand Afghanistan’s trade relations with India
A number of investors also suggest that the Islamic Emirate should actively participate in regional and trade fairs to increase exports, so that Afghan products can be marketed in regional and global markets.

The Ministry of Industry and Commerce says that efforts are underway to expand trade relations with India, the volume of which reaches $650 million annually.
Abdulsalam Jawad Akhundzada, a spokesman for the Ministry of Industry and Commerce, says that India is also interested in expanding trade relations with Afghanistan, and Kabul has also taken steps in this regard by using Chabahar Port, and talks have been held with the Indian side on visas.
The Chamber of Commerce and Investment also says that trade relations between Afghanistan and India are expanding and these relations are strengthening with each passing day. According to officials of the chamber, Afghanistan has exported goods worth $500 million to India in the past year.
A number of investors also suggest that the Islamic Emirate should actively participate in regional and trade fairs to increase exports, so that Afghan products can be marketed in regional and global markets.
According to investors, once the visa issues with India are resolved, a large portion of the country’s fresh and dried fruits will be exported to India because India is a good market for Afghan fruits in the region.
Investors want the Islamic Emirate to pave the way for increased exports to India through Chabahar Port.
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