Business
Monday’s demonstration damages businesses million dollars in Kabul
Officials in chamber of commerce and industry have stated that Monday demonstration has caused million dollars financial damages to the Governmental and private sector businesses, it has also prevented thousands of businessmen, and investors to be on their duties for running their businesses.
They have demanded the Government to take care of its Nation and don’t let such situation to be created.
Chamber of commerce and industry Spokesman Seiam Persalay said,” Kabul is the capital city of Afghanistan, any interruption within the following city will damage the Nationwide business and impacted negatively, Government needs to determine a place for demonstration.”
Scores of traders, shopkeepers, and those who are running micro-businesses have expressed their deep concerns on Monday protest within Kabul city.
Shopkeeper Ali Ahmad said,” Monday protest has caused me financial damages, today my shop was locked and I couldn’t open it till the end of the day.”
One of the protestors Jafar said,” Our leaders promised us to gain our rights from the Government of Afghanistan, but today they asked everyone to stay home.”
Hundreds of demonstrators have participated within Monday protest to demand the 500 mega watt electricity pylons passes through Bamyan, wardak provinces.
President Ashraf Ghani during a decree has suspended the execution of the following project for the undetermined date and time and ordered to establish a committee to review the following project.
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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