Business
Kabul to host 6th joint session on development projects
Officials in Ministry of Finance have reported that Afghan- Turkmenistan officials to attend a joint gathering in Kabul to discuss the 21 development projects which to be implemented in Afghanistan where Turkmenistan will be benefited.
They have also mentioned that in the slide side of the session the Aqina railway will also be inaugurated.
Ministry of Finance Spokesman Ajmal Hameed Abdul Rahimzai said,” Turkmenistan is counted one of the donor countries for Afghanistan, they are trying to implement some of the development projects in the country.”
He went on and mentioned that Turkmenistan is trying to implement development projects where the benefit goes to both countries.
Meanwhile officials in chamber of commerce and industry has declared the following session important.
Chamber of commerce and industry Spokesman Saim Persalia said,” Turkmenistan is one of the important countries and has supported development projects and played important role in boosting Afghanistan’s economy.”
The preparation for the 6th session in Kabul comes after that Turkmenistan to implement the biggest project called TAPI which comes from Turkmenistan,goes by Afghanistan- Pakistan and reaches to India.
Reported by Nabila Hafizi
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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