Business
Mullah Baradar inaugurates Qashqari oil field in Sar-e-Pul province
Islamic Emirate of Afghanistan (IEA) officials, including the country’s deputy prime minister, on Friday inaugurated the Qashqari oil field in Sar-e-Pul province.
Mullah Abdul Ghani Baradar, first deputy prime minister of the current caretaker government, said that Qashqari oil field is an important project and part of development plans the IEA has.
Baradar said this project will benefit all of Afghanistan as revenue generated from the oil will go towards other development projects.
The acting minister of mines and petroleum said that about 200 tons of fuel oil will be extracted from the mine a day, and that the project will generate substantial revenue for the country.
“Two hundred tons of oil will be extracted daily for the people Inshallah; the revenues of all Afghanistan’s mines will be collected by the Central Bank,” Shahabadin Delawar, acting minister of Mines and Petroleum said.
Sar-e-Pul and Faryab provinces have three oil fields; they are Qashqari, Qom Bazaar and Zamarod. According to official statistics, the amount of proven reserves in this area is estimated at 87 million barrels.
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
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