Business
New Plan For Boosting Economy to Be Sent To President Ghani:ACCI
Officials in Ministry of Commerce and Industries have made a draft ready to be sent to the president Ghani for removing the challenges and boost the economy of the country.
After signing of the mutual security agreement in between Kabul-Washington the Afghan businessmen have come together to find better solution boosting their business in the country.
After listing the existed challenges, the most priority one was insecurity, and corruption within the country.
They have also urged that after their plan to get signed and reviewed by the President Ashraf Ghani Ahmadzai some of the challenges within the plan will be discussed on the London session.
Head of Afghanistan Chamber of Commerce and Industry Atiqullah Nusrat said,” after signing of the mutual security pact with USA it created a new page for the economy of Afghanistan, according to officials President Ghani has promised to pay deep attention for the private sectors to play important role in the economy of the country.”
However the President Economy advisor Omer Zakhialwal has claimed that International community has cut the speed of their aids to Afghanistan and he also hoped to draw the attention of the International community to increase their aids to Afghanistan in London session in coming future.
London session will soon be held by the mutual cooperation of the Afghanistan- Britain at the end of the 2014 in London and Afghan officials in ACCI will present a plan for improving of the Afghanistan Economy to the World to draw their attention for increasing their financial aids investments in the country.
Business
Kazakhstan reports 2.3-fold rise in grain exports to Afghanistan
Business
Fifth section of Hairatan–Mazar-i-Sharif railway reopens in northern Afghanistan
Mullah Abdul Ghani Baradar, the Deputy Prime Minister for Economic Affairs, on Thursday officially reopened the fifth section of the Hairatan–Mazar-e-Sharif railway line in northern Balkh province, marking another step in Afghanistan’s efforts to expand its rail infrastructure and regional trade connectivity.
Speaking at the reopening ceremony, Baradar praised the Ministry of Public Works for its efforts in developing Afghanistan’s railway network and expressed appreciation for Uzbekistan’s cooperation in the project.
He said economic and commercial ties between Afghanistan and Uzbekistan have strengthened significantly in recent years, adding that a joint committee led by the governor of Balkh and involving relevant institutions has been established to further enhance bilateral cooperation.
Officials said the newly reopened section of the railway is 70 kilometers long and includes 30 kilometers of branch lines, five railway stations, and the capacity to unload up to 50 wagons simultaneously.
The government said the reopening of the railway section is expected to improve the transportation of commercial goods, increase trade volume, and facilitate regional economic connectivity between Afghanistan and neighboring countries.
The Hairatan–Mazar-e-Sharif railway is considered one of Afghanistan’s most important trade corridors, linking the country to Central Asia through Uzbekistan.
Business
Kabul, Tashkent push industrial cooperation with planned factory transfers
The talks focused on strengthening collaboration in the light industry sector and making use of Uzbekistan’s experience in manufacturing and industrial development.
Afghanistan and Uzbekistan have discussed the transfer of 20 light industry factories to Afghanistan as part of efforts to deepen economic cooperation and expand industrial investment between the two countries.
According to Afghanistan’s Ministry of Industry and Commerce, the discussions took place during a bilateral meeting between Nooruddin Azizi, Afghanistan’s Minister of Industry and Commerce, and Nozimjon Kholmurodov, head of the Light Industry Development Agency under Uzbekistan’s Council of Ministers, along with their respective delegations.
The talks focused on strengthening collaboration in the light industry sector and making use of Uzbekistan’s experience in manufacturing and industrial development.
Key topics included standard cotton cultivation in Afghanistan, cotton processing and yarn production, as well as the relocation of cotton processing, leather and cashmere factories from Uzbekistan to Afghanistan. The two sides also discussed the production of leather boots and textiles in Afghanistan and the export of Uzbek-made garments to Afghan markets.
Officials further reviewed plans for transferring 20 factories from Uzbekistan to Afghanistan across various industrial sectors.
Discussions also covered organizing a specialized international light industry exhibition at the Termez joint market and promoting joint investment in Afghanistan’s yarn production industry.
At the conclusion of the meeting, both sides introduced technical and liaison teams tasked with following up on the implementation of the agreed initiatives.
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