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Kabul-Tashkent private sectors sign new trade agreements

Afghan investors hope that by the end of this expo, contracts worth millions of dollars will be signed between the private sectors of the two countries.

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At a joint international expo of Uzbekistan and Afghanistan, new commercial contracts were signed between the private sectors of the two countries.

Investors who showcased Afghan products at this expo say that they signed new contracts with Uzbekistan on the second day of the exhibition.

According to them, these contracts have been signed in the fields of paint, dried fruit, carpets, detergents and health products.

Afghan investors hope that by the end of this expo, contracts worth millions of dollars will be signed between the private sectors of the two countries.

Investors said that this expo plays an important role in expanding the economic relations between Afghanistan and Uzbekistan.

Afghan investors hope that by the end of this expo, contracts worth millions of dollars will be signed

“Development and trade between Uzbekistan and Afghanistan, transit discussions, joint investments were discussed in this expo. These are all opportunities that, if realized, can be effective for economic, industrial and investment growth in Afghanistan and better relations with Central Asian countries as well as Uzbekistan,” said Sakhi Ahmad Payman, the first deputy of the Chamber of Industries and Mines.

The Ministry of Industry and Commerce also said that the joint international expo was held to expand trade and economic relations with Uzbekistan, and Afghan officials met with Uzbekistan officials about economic development.

“In this meeting, the two sides discussed the expansion of trade and transit relations, the balancing of trade between the two countries through the conclusion of a unilateral trade agreement for the benefit of Afghanistan, the conclusion of investment and transit agreements, the finalization of the quarantine memorandum between the two countries, cooperation in the Afghan railway sector. They talked about cooperation over the Surkhan-Pol-e-Khumri power line.

In this meeting, the two sides also discussed the expansion of trade and transit relations; the balancing of trade between the two countries through the conclusion of a unilateral trade agreement for the benefit of Afghanistan; concluding investment and transit agreements; finalizing the quarantine agreement between the two countries; cooperation in the Afghan railway sector; and cooperation in the transfer of electricity through the Pul-e-Khumri-Surkhan power line,” said Abdulsalam Javad Akhundzadeh, the Ministry of Industry and Commerce spokesman.

On the opening day of this expo, the acting Minister of Industry and Commerce Nuruddin Azizi emphasized the need to strengthen trade and transit relations between Kabul and Tashkent.

Azizi also called on Uzbek investors to invest in various sectors in Afghanistan.


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Iraqi intelligence report alleges oil smuggling network supplying Afghanistan and Turkey through Iran

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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An Iraqi intelligence report obtained by Sky News Arabia has revealed alleged large-scale crude oil smuggling operations from northern Iraq into Iran, where the oil is reportedly refined and later sold in regional markets, including Afghanistan and Turkey.

According to the report, shipments of crude oil are transported through land routes and unofficial trade channels into Iranian territory, where they undergo refining and processing before being re-exported to foreign markets.

The intelligence findings suggest that the alleged network is designed to bypass international sanctions and facilitate the movement of petroleum products outside official trade and financial monitoring systems.

The report further indicates that smuggling networks rely on informal transportation routes and cross-border commercial channels to maintain the collection, processing and distribution of oil products while avoiding regulatory oversight.

The revelations have raised concerns over cross-border smuggling, the loss of national resources and the potential impact of illicit oil trade on regional economies.

Security and political observers say the reported activities could put additional pressure on Iraqi authorities to strengthen border controls, monitor oil transportation routes and improve coordination with regional and international partners.

However, the allegations outlined in the intelligence report have not been independently verified, and further details about the networks involved, the quantities of oil transported and the scale of supplies reaching Afghanistan and Turkey remain unclear.

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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$30 million pharmaceutical investment launched in Herat as new production line opens

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

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The foundation stone has been laid for three new pharmaceutical production blocks at Ovison Pharma in Herat, with an investment of $30 million, while the factory’s new serum and injectable production line has also been inaugurated.

The new production blocks will be constructed on a 3,000-square-metre site, with each facility planned to have five floors. Equipped with advanced machinery and designed to meet international standards, the expansion is expected to significantly increase the factory’s pharmaceutical production capacity.

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

The expansion marks a significant step toward strengthening Afghanistan’s pharmaceutical industry, increasing domestic production and reducing the country’s reliance on imported medicines.

The investment is also expected to support the development of local manufacturing capacity and improve access to domestically produced pharmaceutical products.

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Afghanistan approves new foreign investment policy in bid to attract international investors

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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Afghanistan’s Economic Commission has approved a new foreign investment policy aimed at attracting international investors, improving investment opportunities and supporting the country’s economic growth.

The decision was made during the commission’s regular meeting, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, at the Marble Palace on Monday.

According to the Deputy Prime Minister’s Office for Economic Affairs, the proposed policy was presented by a committee established under the leadership of the economic deputy office. Following a comprehensive review and consideration of the commission’s recommendations, the policy was approved.

The policy aims to regulate foreign investment activities, facilitate investment procedures, create a favourable environment for investors, ensure investment security and promote Afghanistan’s economic growth and development.

During the meeting, the commission also approved a proposal concerning the payment of fixed taxes by commercial import companies at the country’s customs offices.

Officials said implementing the proposal would create additional facilities and simplify procedures for importing businesses.

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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