Business
Kabul hoping to purchase 1 million barrels of crude oil from Russia
Afghanistan’s acting minister of trade and industry Nuriddin Azizi has said Kabul hopes to purchase one million barrels of Russian crude oil, and secure some sort of barter arrangement with Moscow.
Currently on a visit to Moscow, for talks on expanding trade ties with Russia, Azizi was quoted by Russian media outlet RIA Novosti as saying “we have offered [Russia] to buy about 1 million [barrels], if [Russia] can send more, then this is not a problem.”
He also noted that Afghanistan is hoping to barter for the oil. “The most important thing for us would be the oil and gas project. We would also like to consider the option of barter trade, provided that Russia has a need for some kind of Afghan products,” he said.
In May, Afghan Charge d’Affaires in Russia Jamal Nasir Garwal spoke about plans to negotiate with Moscow on the supply of Russian hydrocarbons. “We are determined to reach agreements between Afghanistan and Russia and sign specific deals,” he said.
Russian Ambassador to Kabul, Dmitry Zhirnov, told RIA the sides will discuss the supply of crude oil, grain and sunflower oil during the delegation’s visit.
The Ministry of Industry and Trade has not yet meanwhile said that the Afghan delegation has not yet finalized any agreements with the Russian side..
Although Russia has not yet recognized the new government of Afghanistan, it has close relations with Kabul.
Business
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Business
Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.
According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.
The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.
Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.
Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.
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Business1 day agoAfghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
