Connect with us

Business

Pakistan appoints 26 new jirga members for border crisis talks in Afghanistan 

Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade

Published

on

Trucks at Torkham

The Pakistani authorities have appointed a new 26-member jirga to hold further talks in Afghanistan over reopening Torkham border after the first round of talks hit a stalemate last week. 

Torkham crossing was closed almost a month ago when Pakistan border officials opposed the reconstruction and renovation of a security check post on the Afghan side. 

Sources told Pakistan’s Dawn news outlet that the new jirga would consist of 26 members, including experienced and influential tribal elders and local traders who are mostly members of Khyber Chamber of Commerce and Industry.

The source told Dawn talks could resume today, Monday March 17.

Torkham, a key border crossing between Pakistan and Afghanistan in the Khyber District of Khyber Pakhtunkhwa, remained closed for the 24th day on Monday amid rising concerns among traders of both countries who have suffered enormous losses due to the closure. 

The crossing was closed on February 21 after escalation of tensions between the border forces on both sides. During subsequent exchanges of fire, three Afghan soldiers died while eight Pakistani paramilitary troops also sustained injuries.

Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade adding that over the first 20 days, approximately $60 million in trade was lost.

Torkham Border Crossing facilitates the daily movement of around 10,000 people to Afghanistan and is a key trade route between the two countries. Over 5,000 trucks, including those carrying perishable goods, are currently stranded, causing heavy financial losses.

 

Business

Fifth section of Hairatan–Mazar-i-Sharif railway reopens in northern Afghanistan

Published

on

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.

Continue Reading

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.

Published

on

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.

Continue Reading

Business

Afghanistan’s domestic pharmaceutical production sees major growth: Mullah Baradar

Officials attending the exhibition said 134 pharmaceutical manufacturing factories are currently operating across Afghanistan, producing around 1,170 types of medicines.

Published

on

Mullah Abdul Ghani Baradar on Tuesday announced a significant increase in Afghanistan’s domestic pharmaceutical production, saying local manufacturers are now supplying a much larger share of the country’s medicine demand.

Speaking at the opening ceremony of the second national and international Abu Ali Sina Balkhi specialized exhibition in Kabul, Baradar said strengthening domestic production is one of the most effective ways to counter economic pressure and sanctions.

According to him, a decline in imports of foreign medicines in recent months has helped accelerate growth in Afghanistan’s pharmaceutical sector, while public trust in locally produced medicines has also increased.

“Today, a considerable portion of the country’s pharmaceutical needs is being supplied through domestic production,” Baradar said.

He noted, however, that despite recent progress, Afghan pharmaceutical factories still need to improve production standards and expand output in line with international requirements.

Baradar also called on traders to avoid hoarding medicines or selling them at inflated prices, urging relevant authorities to take firm action against such practices.

The deputy prime minister invited both domestic and foreign investors to invest in Afghanistan, saying the Islamic Emirate is working to simplify investment procedures and introduce electronic systems to facilitate business operations.

He added that the Islamic Emirate is not only focused on strengthening the domestic economy but is also seeking to expand regional and international economic ties.

According to Baradar, economic engagement with neighboring and regional countries has increased in recent months.

Officials attending the exhibition said 134 pharmaceutical manufacturing factories are currently operating across Afghanistan, producing around 1,170 types of medicines.

They added that nearly $450 million has been invested in the sector so far, and domestic production now meets 38 percent of the country’s pharmaceutical demand — up from 25 percent just eight months ago.

The Abu Ali Sina Balkhi specialized exhibition, which features dozens of pharmaceutical companies, will continue for four days in Kabul.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!