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Kabul’s China Town to host expo to boost trade

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(Last Updated On: January 25, 2022)

Chinese businessmen in Kabul have said they plan to host a trade fair aimed at boosting bilateral trade ties between the two countries, China’s Global Times reported.

According to the report, China Town in Kabul will host Afghanistan’s first China-Afghanistan commodity technology fair, as well as the second China-Afghanistan business fair in April.

A source from China Town in Kabul told Global Times that arrangements for both expos have been made and invitations have been sent out to key individuals including Afghan government officials and Chinese businessmen.

“This form of exhibition is unprecedented, since no Chinese company has done it before,” Li Xijing, deputy general manager of China Town, told the Global Times on Sunday.

“We have sent invitations to the various Afghan government departments, and they have indicated that they would participate in the meeting at that time… there will be more participants expected,” Li said.

Organizers said they hope to build a bridge for direct communication between Chinese and Afghan enterprises and merchants and create a platform to bring together Chinese businesses.

About 95 percent of Afghan goods are imported, and Chinese goods account for 60-70 percent of all imports.

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IEA signs agreement with UAE to manage Afghanistan’s airports

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(Last Updated On: May 24, 2022)

A contract for the regulation and management of the country’s four airports was signed with the United Arab Emirates (UAE) on Tuesday, the Afghan Civil Aviation Authority (ACAA) said.

The agreement was signed between Hamidullah Akhundzada, acting head of the Ministry of Transport and Aviation, and Razzaq Aslam, CEO of GAAC, a UAE based consortium with specialist expertise in airport management.

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, Mullah Khairullah Khairkhowa, Acting Minister of Information and Culture, and other government officials attended the signing event.

The agreement comes as Turkey and Qatar have been negotiating with Islamic Emirate officials for months to manage Afghanistan’s international airfields, however, the negotiations stalled when the IEA opposed requests for foreign forces to secure the airports.

The airports involved are Kabul, Herat and Kandahar.

The company will be responsible for unloading and loading of planes after landing and before takeoff.

At the signing ceremony, the First Deputy Prime Minister called on international investors to invest in Afghanistan, and said the Islamic Emirate is committed to providing them with the necessary investment opportunities.

At the signing ceremony of the contract, the First Deputy PM Mullah Abdul Ghani Baradar said that the IEA is working hard to strengthen the country’s economy.
“With this contract, all international airlines will start their flights to Afghanistan in a safe and reliable environment, and it will help us to increase trading and business with other countries,” Baradar said.

Ministry of Transport officials say the company will provide ground-based services in line with international standards, leading to an increase in international flights.

However, the Deputy Prime Minister says that flights into and out of Kabul will soon increase and Afghanistan’s revenue will increase through air corridors.

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Pakistan reopens several additional borders crossings with Afghanistan

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(Last Updated On: May 24, 2022)

Pakistan has decided to reopen several additional border crossings with Afghanistan, Pakistan’s Special Representative for Afghanistan Mohammad Sadiq said on Monday.

“The crossings are to facilitate economic activity and regulate the visitors,” Sadiq tweeted.

According to Sadiq Arandu between Chitral and Kunar and Benshahi between Lower Dir and Kunar are the first two crossings of the series to be made operational.

Sadiq said these crossings are in addition to five fully operational border crossings of Torkham, Ghulam Khan, Kharlachi, Angoor Adda and Chaman-Spin Boldak and one partially opened, Dalbnadeen, crossing.

The Islamic Emirate of Afghanistan has not yet commented.

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IEA bans wheat exports due to a shortage for domestic needs

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(Last Updated On: May 23, 2022)

The Islamic Emirate of Afghanistan (IEA) has banned the export of wheat, citing a shortage in meeting the domestic market demand as the reason.

According to the Ministry of Agriculture and Livestock, Afghanistan needs 6.5 million tons of wheat annually, but domestic production totals only four million tons.

The IEA imposed the ban after videos emerged on social media recently of wheat being smuggled through Spin Boldak in Kandahar into Pakistan.

The Ministry of Finance has meanswhile also asked all customs departments to prevent shipments of wheat from leaving the country and to crack down on smuggling.

According to a ministry spokesman: “We stopped the export of wheat because we still need it, so the Ministries of Agriculture and Finance started the export ban process.”

Officials from the Afghan Chamber of Agriculture and Livestock welcomed the move, adding that the smuggling of all products and produce out of the country, including wheat, should be stopped.

“We are happy with this move by the Islamic Emirate, because now our wheat will be processed inside our own country, and investment has been made in this area. Our country now has the capacity to process it,” said Mirwais Hajizada, deputy director of the Chamber of Agriculture and Livestock.

Economic experts also said that banning the country’s wheat exports is essential in terms of managing the national economy and developing the country’s domestic production.

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