Business
Kabul working with UAE to digitize customs ports
Afghanistan has sought the UAE’s help to digitize its logistics infrastructure in order to facilitate regional trade in its push to become a bridge between South and Central Asia and the Gulf.
According to Emirates News Agency (WAM), Afghan Ambassador to the UAE Javid Ahmad said in an interview Afghanistan has a “planned large-scale programme on digitalisation with the UAE, which would involve digitalisation of our trade and logistics infrastructure.”
He said Afghanistan is in talks with a UAE firm to look into the schematics of the country’s dry ports and customs ports to see how they can mainstream the customs revenue collection, WAM reported.
“That’s very important for us, because an estimated 46 percent of our government revenues come from customs but the current system allows some loopholes for leakages, waste and misallocations,” Ahmad said.
“We believe that if we want Afghanistan to be the land bridge between South and Central Asia, regional connectivity is important, especially as part of our own plan for economic growth,” he said.
Afghanistan wants to extend its connectivity beyond South and Central Asia towards Arabian Gulf, particularly the UAE, through Port Qasim in Karachi, Pakistan and Chabahar Port in south-eastern Iran, he explained.
“We need to get logistics revamped and we are engaged with the UAE firm to see whether they could come and study to completely reform and restructure it, which would also include technology transfer,” Ahmad told WAM.
He said Afghanistan realises the future is digital and said government was also working with the UAE to create a unified communication infrastructure network, especially for key government institutions. “That includes important technological support, for example, on data integration systems. We are engaging with the UAE on this and it is a flagship project,” he said.
Ahmad also revealed that efforts are underway to establish a joint UAE-Afghanistan Business Council.
He said other priority sectors included the bilateral economic agenda, agriculture and aviation sectors.
The aviation sector is important “especially because the UAE’s three-company consortium is already managing four of our international airports. So now we’re looking to see how in the aviation sector UAE’s engagement could deepen to include, for example, building a passenger terminal, building a cargo terminal, as well as establishing a logistical and food processing zone,” the envoy explained.
Business
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.
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.
Business
$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.
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.
Business
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.
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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