Business
Modi-Ghani to inaugurate Salma dam on Saturday
Indian Prime Minister Narendra Modi will travel to Afghanistan for the second time in six months this weekend, on a one-day visit to inaugurate a dam with Afghan President Ashraf Ghani, India’s foreign ministry said.
The dam, in western Herat district close to the Iran border, is one of two large projects carried out under India’s development partnership with Afghanistan, worth more than $2 billion.
“The completion of the Afghan-India friendship dam represents the culmination of years of hard work by around 1,500 Indian and Afghan engineers and other professionals in very difficult conditions,” Vikas Swarup, foreign ministry spokesman told reporters of the Saturday visit.
Afghanistan President Deputy Spokesman DawaKhan Minapall said,” Both leaders after the inauguration will discuss the Afghanistan ongoing situation, and further will also talk about the military and economy of countries.”
Meanwhile Afghan lawmakers have declared the role of India in Afghanistan stability and peace vital, inauguration of Salma dam will strengthen the mutual ties of both countries.
Mp Raihana Azad said,” Several India projects in Afghanistan will bring closer both countries, this will help the peace and stability of Afghanistan.”
Despite of water dam India has built a new complex for Afghanistan parliament at an estimated cost of $90 million which was inaugurated by the PM Modi in December.
India and Afghanistan recently signed a three-way transit agreement with Iran to develop its southern port of Chabahar, as Modi visited Tehran last month.
“The real image that India has in Afghanistan is as a partner which has stood by… through its difficult times, a partner which has contributed immensely to Afghanistan’s development, unlike some partners who have contributed to instability and terrorism,” Swarup said, in an apparent reference to Pakistan.
The deal, bypassing Pakistan to connect Iran, India, and Afghanistan to central Asia, would boost economic growth in the region, Modi said at the time.
Salam dam cost $270 million the following dam will produce 42 mega watt electricity and will water 72,0000 acres of lands in Herat province.
Reported by Abdul Aziz Karimi
Nooruddin Azizi, Acting Minister of Industry and Commerce, headed to Russia to participate in an international economic meeting in Kazan, Tatarstan.
The aim of the Russia-Islamic World: KazanForum 2024, the 15th edition of the forum, is to offer a platform for leading international economic and financial specialists from the Islamic world to strengthen ties between the countries of the Organization of Islamic Cooperation (OIC) and the regions of the Russian Federation in the economic, educational, social and cultural spheres, Anadolu Agency reported.
The Ministry of Industry and Commerce said that Azizi, leading a high-level delegation of the Islamic Emriate, traveled to Tatarstan at the invitation of Tatarstan President Rustam Minnikhanov.
The forum is held between May 14 and 19.
The forum also aims to promote the development of Islamic financial institutions in Russia and worldwide, with a focus on joint international projects and programs, according to Anadolu Agency.
More than 80 nations are expected to participate in the event, including representatives of the United Arab Emirates, Bahrain, Malaysia, Türkiye, Iran, Libya, and other OIC member states.
Deputy Prime Minister for Administrative Affairs Abdul Salam Hanafi says Afghanistan has the potential to become one of the most important industrial centers in the region.
Speaking at the opening ceremony of the national and international expo on the occasion of Industry Week, Hanafi said that the growth of industry lays the foundation for the growth of other economic sectors and that the Islamic Emirate fully supports domestic production in the country.
“Afghanistan has important and rich factors for industrial production, which can become one of the important industrial centers in the region. The growth of industry will be the basis for the growth of other economic sectors, especially agriculture,” said Hanafi.
Acting Minister of Industry and Commerce, Nooruddin Azizi, added that the IEA has programs in the fields of industry development and support for the private sector that will make Afghanistan self-sufficient.
Azizi stated that Afghanistan’s industrial sector is currently progressing and the quality of export goods has also improved.
Some investors said at the ceremony that after the return of the IEA, the country’s exports have increased and the number of manufacturing companies has also increased.
This expo is open to visitors for seven days, and industrial products are showcased in 450 booths.
Women in business also attended the meeting.
Afghanistan and Pakistan have agreed on the issuance of a temporary admission document for transporters of commercial goods, Afghanistan’s Ministry of Transport and Aviation announced on Sunday.
The ministry said in an announcement that truck drivers and their assistants carrying commercial goods from Afghanistan and Pakistan must have this document with them at the crossings.
Based on the announcement, the document will be issued to Afghans at the Pakistani embassy in Kabul and its consulate in Kandahar.
For Pakistanis, the document is distributed at the office of the Afghanistan transport attaché in Peshawar and Quetta.
The Ministry of Transportation and Aviation asked owners and drivers of trucks to submit the required documents to their respective transportation companies by June 1.
The ministry warned that after June 1, trucks cannot travel between the two countries without having the temporary admission document.
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