Business
Kabul, Tehran review cooperation, agree to draw up new strategy
Iran and Afghanistan have agreed to draw up a comprehensive strategic economic document on bilateral cooperation, the head of Iran’s Customs Administration (IRICA) said.
According to Mehdi Mirashrafi, IRICA chief, “facilitating trade, exchanging customs information, solving border problems and developing transit are on the agenda of Iran and Afghanistan.”
Speaking to journalists after a video conference with Afghan officials, Mirashrafi said: “The two sides decided to prepare a comprehensive strategic economic document, considering the determinations of the two countries for strategic cooperation.”
Tehran Times reported that on the activation of the Iran-Afghanistan-Uzbekistan Tripartite Transit Corridor and the Kyrgyzstan-Tajikistan-Afghanistan-Iran (KTAI) Quadripartite Corridor, Mirashrafi said: “This trend shows the serious determination of the Iranian Customs to facilitate transit through Afghanistan and connect Central Asian countries to international waters through the Persian Gulf and the Gulf of Oman.”
He also said Chabahar Port was one of the major issues discussed in the meeting.
“The port of Chabahar is an important and vital port for Afghanistan in the field of transit of goods through Iran, and accordingly, the Afghan side has demanded reducing visa fees and transit fees and reconsidering the penalties for customs violations in the transit route through Iran.”
The Chabahar seaport has been a vital development in Afghanistan’s efforts to increase connectivity with the region for trade purposes.
The port is partly intended to provide an alternative for trade between India and Afghanistan as it is 800 kilometers closer to the border of Afghanistan than Pakistan’s Karachi port.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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