Connect with us

Business

Kazakhstan pledges $500 million investment in Torghundi–Herat railway project

Published

on

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, met on Friday with the Prime Minister of Kazakhstan Olzhas Bektenov in Khankendi, Azerbaijan, where both sides discussed political, economic, and trade issues between Afghanistan and Kazakhstan, the Afghan deputy PM’s office said in a statement.

At the meeting, the Prime Minister of Kazakhstan announced that his country will soon begin the Torghandi-Herat railway line project in Afghanistan, with an investment valued at $500 million.

Bektenov also expressed Kazakhstan’s interest in investing in Afghanistan’s mining sector and said that Kazakhstan is ready to increase imports of Afghan fruit and facilitate Afghanistan’s exports through Kazakh territory.

He emphasized that Kazakhstan is one of the top ten countries with the highest trade relations with Afghanistan and they are committed to expanding these relations.

Bektenov also stated that his country maintains good relations with Afghanistan, and to strengthen these ties, the Kazakh Foreign Minister will soon visit Kabul.

During the meeting, Abdul Ghani Baradar described Kazakhstan as an important and reliable regional partner for Afghanistan and called the appointment of Kazakhstan’s special representative for Afghanistan a valuable step.

Baradar expressed gratitude to Kazakhstan for supporting Afghanistan in international forums and said Afghanistan serves as an important transit route for Kazakhstan to the Middle East and South Asia.

According to him, Kazakhstan can connect Afghanistan to Europe, and therefore, Kazakhstan should take advantage of existing opportunities in investment, trade, railway projects, and transit affairs.

He also considered the signing of the agricultural products preservation and quarantine agreement between the two countries important for increasing bilateral trade volume to $3 billion.

Baradar stressed facilitating visa issuance for Afghans and the opening of Afghan bank accounts in Kazakhstan’s Zaman and Freedom Banks.

He assured that Afghan banks are fully prepared for these collaborations.

Baradar noted that Afghanistan has initiated the establishment of an operational company for imports and exports via railways to expand bilateral trade and will soon introduce it to Kazakhstan.

He added that a draft agreement on international transport and transit between the two countries has been prepared, serious discussions are underway regarding tariff reductions on transit goods, and cooperation agreements in industrial, trade, and transport sectors with Iran, Kazakhstan, and Turkmenistan have been formulated, with Kazakhstan’s cooperation being significant in these areas.

Business

Ghulam Khan border crossing in Khost temporarily reopened after two-week closure

The crossing had been closed by Pakistani authorities nearly two weeks ago without any formal explanation.

Published

on

The Ghulam Khan border crossing in Afghanistan’s southeastern Khost province has been officially reopened for a period of 15 days, following a two-week closure that disrupted trade between Afghanistan and Pakistan, according to Border Police spokesperson Abidullah Uqab Farooqi.

Farooqi stated on Tuesday, July 16, that the temporary reopening would allow for the resumption of cargo transportation and trade activities between traders and freight companies. He emphasized that the move will help prevent further spoilage of perishable goods that had been stuck at the border.

Ghulam Khan is considered one of the most critical trade gateways between Afghanistan and Pakistan. It plays a vital role in the transportation of essential goods and raw materials between the two neighboring countries.

The crossing had been closed by Pakistani authorities nearly two weeks ago without any formal explanation. The abrupt shutdown caused significant disruptions for Afghan traders and truck drivers, with many reporting financial losses due to delayed shipments and rotting goods.

While the border has now reopened temporarily, Pakistani officials have yet to issue any formal statement regarding either the initial closure or the rationale behind its reopening.

Continue Reading

Business

Afghanistan-Pakistan trade surges 25% to nearly $2 billion in 2024

The growth was largely driven by a 31 percent increase in Pakistani exports, which rose to $1.391 billion, while imports from Afghanistan grew by 13 percent, reaching $607 million

Published

on

Pakistan trade

Bilateral trade between Afghanistan and Pakistan rose by 25 percent in the fiscal year 2024–25, reaching $1.998 billion, up from $1.603 billion the previous year, a Pakistani official told local media.

The growth was largely driven by a 31 percent increase in Pakistani exports, which rose to $1.391 billion, while imports from Afghanistan grew by 13 percent, reaching $607 million, The Nation reported.

Among Pakistan’s top-performing exports was sugar, which saw a staggering 4,333 percent increase, climbing from $5.93 million in FY2023–24 to $262.77 million.

Other key exports included construction materials, textiles, and pharmaceuticals.
However, some products—including rice, eggs, salts, electrical equipment, and footwear—recorded year-on-year declines of between 17 and 99 percent.

On a monthly basis, June 2025 marked a strong finish, with exports rising 90 percent year-on-year to $142 million, up from $75 million in June 2024. Imports, however, fell by 29 percent year-on-year and by 54 percent compared to May 2025.

Overall, June 2025 bilateral trade stood at $158 million, reflecting a 62 percent year-on-year increase and a 9 percent rise month-on-month, suggesting momentum in trade ties despite fluctuations in certain import categories.

Analysts attribute the surge to improved regional connectivity, enhanced trade facilitation, and greater demand for Pakistani goods in Afghan markets.

Continue Reading

Business

Iran’s non-oil exports to Afghanistan totaled $510 million in first quarter

A technical meeting in Kabul on April 10 reviewed progress on the Tehran-Kabul economic pact, focusing on trade, transit, mining, and agriculture.

Published

on

trucks from Iran

Iran exported $510 million in non-oil goods to Afghanistan between March 21 and June 21, making it Iran’s fifth-largest export destination, according to the Iran Customs Administration.

Officials and business leaders emphasized the growing trade relationship was key to regional stability. At a recent Iran-Afghanistan trade conference, ICCIMA’s deputy head, Payam Baqeri, called for a deeper economic partnership, citing shared history and complementary resources—such as Iran’s industrial infrastructure and Afghanistan’s mineral wealth.

Baqeri also highlighted efforts to expand trade through joint ventures, workforce development, and easing trade barriers. Meanwhile, Iran’s Agriculture Minister expressed readiness to boost cooperation in agricultural services and called for a joint committee to advance bilateral ties.

A technical meeting in Kabul on April 10 reviewed progress on the Tehran-Kabul economic pact, focusing on trade, transit, mining, and agriculture.

Bilateral trade between the two countries surged by 84% in 2024, reaching $3.2 billion.

Iran exported $3.14 billion worth of goods—mostly oil products, steel, food, and construction materials—while Afghanistan’s exports to Iran, mainly raw and agricultural products, grew by 116% to $54 million.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!