Business
National Procurement Commission approves 18 key projects
The National Procurement Commission approved 18 projects worth about 4 billion afghanis on Monday, the IEA confirmed.
Under the chairmanship of Mullah Abdul Ghani Baradar, deputy prime minister of economy, the regular meeting of the National Procurement Commission was held in Marmaren Palace.
Twenty eight projects were presented at the meeting of which 18 were approved. Committees were appointed to examine five proposed projects and resubmit at the next meeting.
The approved projects are related to the Ministries of National Defense, Interior, Finance, Public Works, Communications and Information Technology, Afghanistan Electricity Company (Breshna) and Kabul Municipality, the total value of which is about four billion Afghanis.
Among the approved projects are the completion of Chak Wardag Dam, the completion of the 220 KV power line extension from Arghandi to Ghazni, the preparation of insulators for the 220 KV line of Noor ul Jihad in Herat and Torghundi.
Also the reconstruction of the road from Shahr-Safa district to Manja in Zabul, the completion of the second lane of the Kabul-Logar road, the provision of high-quality and fast internet services to the people and a number of other projects.
The implementation of these projects will create thousands of job opportunities, the IEA said.
Trade in goods and services between the United Kingdom and Afghanistan declined by 16.7 percent to £70 million in the 12 months to the end of June 2026, according to the latest figures published by the UK Department for Business and Trade.
The department’s trade and investment factsheet, released on November 6, shows that bilateral trade fell by £14 million compared with the same period a year earlier.
UK exports to Afghanistan totalled £57 million, down 18.6 percent or £13 million, while imports from Afghanistan stood at £13 million, representing a 7.1 percent decline.
The figures show that goods accounted for £32 million, or 45.7 percent, of total trade, while services made up the remaining £38 million, or 54.3 percent.
UK exports to Afghanistan included beverages, pharmaceutical products, dairy products, road vehicles and industrial machinery.
Vegetables and fruit were the leading Afghan goods exports to the UK, worth £1.7 million. Clothing and textile fabrics were also among the main products exported.
The report ranks Afghanistan as the UK’s 166th-largest trading partner, accounting for less than 0.1 percent of the UK’s total trade during the period.
Business
Afghanistan and Russia discuss expanding trade and investment ties
Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors.
Afghanistan and Russia have discussed ways to strengthen bilateral trade, expand private-sector cooperation and attract new investment during a meeting in Kabul.
Inayatullah Sediqzi, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI) for Services, met with Russian Ambassador to Afghanistan Dmitry Zhirnov on the sidelines of an event marking Russia’s National Unity Day on Wednesday, November 4.
The event was hosted by the Russian Embassy in Kabul.
According to a statement from the ACCI, discussions focused on boosting economic relations, increasing bilateral trade and creating greater opportunities for businesspeople and investors from both countries.
Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors, exploring new areas of economic partnership and establishing stronger direct links between their respective business communities.
The discussions reflect Afghanistan’s continued efforts to expand economic engagement with regional and international partners, with increased trade, private-sector development and foreign investment remaining key priorities.
Afghanistan’s pine nut exports increased by 69 percent in the first seven months of the current solar year 1405 compared with the same period last year, reaching $72 million, the Afghanistan Chamber of Commerce and Investment (ACCI) says.
According to chamber officials, the value of pine nut exports stood at $42 million during the first seven months of last year. The product has been exported to European countries, India and, particularly, China.
Meanwhile, officials at the Ministry of Industry and Commerce say they have taken steps since the beginning of the year to expand pine nut exports and identify new markets for the product.
However, some economic experts say pine nuts are among Afghanistan’s key export products and that relevant government ministries, particularly the Ministry of Industry and Commerce, should strengthen efforts to promote the product and secure access to new markets.
Afghan pine nuts are also exported to China, India, the United Arab Emirates, Saudi Arabia, Pakistan, the United States, the United Kingdom, Italy, Germany, Australia, Turkey, Austria and Kuwait.
Experts emphasize that pine nut packaging should be improved to meet the requirements and standards of different international markets in order to further increase exports.
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