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Kabul’s exports to Islamabad total’s $600 million in first 6 months of this year

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The Afghanistan Chamber of Commerce and Investment (ACC) says the country’s exports to Pakistan totalled $600 million in the first six months of this year.

According to members of the ACCI, the bulk of exported goods included carpets, dried fruits, and precious and semi-precious stones.

With the arrival of the fresh fruit season, the volume of exports will increase, officials said.

“In six months [this year], we exported to Pakistan worth $600 million,” said Khan Jan Alokozay, a member of the ACCI.

Abdul Jabbar Safi, head of the Union of Industrialists, also said that the volume of Afghanistan’s exports to the three countries of Pakistan, India and China is higher this year.

Meanwhile, industry and commerce ministry officials said that last year they exported goods worth $1.2 billion to Pakistan.

Abdul Salam Jawad Akhundzadah, a spokesman for the ministry, said that this year trade between the two countries was positive and they are hoping to expand trade ties with Pakistan even further.

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Commerce ministry steps up efforts to grow export market

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The Ministry of Commerce and Industry says that they have increased marketing efforts for domestic products to be sold on global markets.

Officials said markets of Central Asia and Russia are viable markets for Afghan goods and that they are trying to hold expos in these countries.

They also said that large expos of Afghan products will be held in Uzbekistan, Russia and Kazakhstan in the near future. Nooruddin Azizi, the acting minister of commerce and industry, said his ministry has increased marketing efforts in order to supply foreign markets with domestic products. He said Central Asia and Russia have proved to be stable markets for local goods.

Meanwhile, the Afghanistan Chamber of Commerce and Investment (ACCI) said there is no doubt that the markets of Central Asia and Russia are among the best markets for exported goods, but that the Islamic Emirate should pave the way for more exports and for technical issues to be resolved.

Economic experts believe that the marketing of Afghan products in global markets is one of the most important responsibilities of the relevant institutions in the government so that Afghanistan’s trade with other countries can flourish.

Afghanistan currently has good trade relations with Central Asian countries, and if these relations expand, more goods will be exported from Afghanistan, experts have said.

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Siberian oil and gas businessmen meet with Delawar for talks

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Shahabuddin Delawar, the acting Minister of Mines and Petroleum, met with a delegation from the Siberian oil and gas sector in Kabul this week to discuss investment opportunities.

According to the ministry, the visiting Russians expressed interest in investing in Afghanistan oil and gas mines.

In response, Delawar welcomed their interest and stated that the ministry would cooperate with them and provide necessary facilities for their endeavors.

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Supreme leader approves budget for 1403 solar year

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The Supreme Leader of the Islamic Emirate of Afghanistan has ratified the national budget for fiscal year 1403 (solar year) after a “thorough review and consideration.”

This year’s national budget has been meticulously crafted to address the needs and priorities of the people, IEA spokesman Zabihullah Mujahid said on Tuesday.

As with the previous year, the budget has been drawn up exclusively using domestic revenues.

The Ministry of Finance will, as always, incorporate the national budget for the fiscal year 1403 into the country’s financial system, Mujahid said.

All associated sectors, both ordinary and developmental, will be managed with full transparency and in accordance with standard procedures, he added.

No further details were given.

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