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Pakistan reaffirms commitment to regional trade corridors through Iran, Afghanistan, and China

Regional experts argue that Afghanistan’s integration into cross-border trade projects could also enhance political stability, as stronger economic ties often help reduce tensions and foster cooperation.

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Pakistan is committed to completing regional trade corridors linking the country with Iran, Afghanistan, and China, Islamabad’s Federal Minister for Communications Abdul Aleem Khan said on Tuesday, underscoring the government’s focus on strengthening connectivity and boosting economic integration.

He made the remarks during a meeting with the Asian Development Bank’s (ADB) Regional Head, who reaffirmed the Bank’s plans to expand investments in Pakistan, particularly in the transport and communications sectors.

Pakistan remains a “priority country” under ADB’s current programs, the delegation noted, while also inviting the minister to attend the upcoming Bishkek Conference in November.

Aleem welcomed ADB’s continued support, describing road infrastructure as a cornerstone of Pakistan’s economic growth. He highlighted opportunities for investment in communications, railways, and infrastructure, noting that regional initiatives such as the Central Asia Regional Economic Cooperation (CAREC) program provide an important platform for attracting international investment.

“Pakistan is determined to complete trade corridors through Iran, Afghanistan, and China,” Aleem said. “These projects will not only strengthen trade but also promote tourism across the region.”

Analysts note that Afghanistan, situated at the crossroads of South and Central Asia, has a critical stake in the development of regional corridors. Landlocked and heavily dependent on imports, the country relies on transit routes through Pakistan, Iran, and Central Asia for access to global markets.

Trade links through initiatives like CAREC are seen as vital to revitalizing Afghanistan’s struggling economy, creating jobs, and offering alternatives to illicit trade. Improved road and rail infrastructure could significantly reduce the cost of doing business and open up opportunities for Afghan exports, particularly agricultural goods and minerals.

Regional experts argue that Afghanistan’s integration into cross-border trade projects could also enhance political stability, as stronger economic ties often help reduce tensions and foster cooperation.

Without access to efficient trade routes, Afghanistan risks deeper isolation at a time when humanitarian and economic challenges are already acute.

The Islamic Emirate of Afghanistan (IEA) has meanwhile repeatedly underscored the importance of regional connectivity as a cornerstone of its economic policy.

Kabul has promoted projects such as the Trans-Afghan Railway, linking Uzbekistan with Pakistan via Afghanistan, and has supported expanded road and energy corridors with neighbors, including Iran, China, and Central Asia.

IEA officials have emphasized that Afghanistan seeks to serve as a land bridge between South and Central Asia, offering shorter transit routes and new opportunities for regional trade.

While international recognition of the caretaker government remains unresolved, the IEA has continued to engage in talks with regional partners to attract investment in infrastructure and transit projects.

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Iraqi intelligence report alleges oil smuggling network supplying Afghanistan and Turkey through Iran

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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An Iraqi intelligence report obtained by Sky News Arabia has revealed alleged large-scale crude oil smuggling operations from northern Iraq into Iran, where the oil is reportedly refined and later sold in regional markets, including Afghanistan and Turkey.

According to the report, shipments of crude oil are transported through land routes and unofficial trade channels into Iranian territory, where they undergo refining and processing before being re-exported to foreign markets.

The intelligence findings suggest that the alleged network is designed to bypass international sanctions and facilitate the movement of petroleum products outside official trade and financial monitoring systems.

The report further indicates that smuggling networks rely on informal transportation routes and cross-border commercial channels to maintain the collection, processing and distribution of oil products while avoiding regulatory oversight.

The revelations have raised concerns over cross-border smuggling, the loss of national resources and the potential impact of illicit oil trade on regional economies.

Security and political observers say the reported activities could put additional pressure on Iraqi authorities to strengthen border controls, monitor oil transportation routes and improve coordination with regional and international partners.

However, the allegations outlined in the intelligence report have not been independently verified, and further details about the networks involved, the quantities of oil transported and the scale of supplies reaching Afghanistan and Turkey remain unclear.

The report highlights broader challenges facing regional authorities in combating illicit oil trade and enforcing international sanctions.

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$30 million pharmaceutical investment launched in Herat as new production line opens

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

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The foundation stone has been laid for three new pharmaceutical production blocks at Ovison Pharma in Herat, with an investment of $30 million, while the factory’s new serum and injectable production line has also been inaugurated.

The new production blocks will be constructed on a 3,000-square-metre site, with each facility planned to have five floors. Equipped with advanced machinery and designed to meet international standards, the expansion is expected to significantly increase the factory’s pharmaceutical production capacity.

Meanwhile, the newly inaugurated serum and injectable production line is capable of producing up to 100,000 packages of serum per day.

The expansion marks a significant step toward strengthening Afghanistan’s pharmaceutical industry, increasing domestic production and reducing the country’s reliance on imported medicines.

The investment is also expected to support the development of local manufacturing capacity and improve access to domestically produced pharmaceutical products.

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Afghanistan approves new foreign investment policy in bid to attract international investors

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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Afghanistan’s Economic Commission has approved a new foreign investment policy aimed at attracting international investors, improving investment opportunities and supporting the country’s economic growth.

The decision was made during the commission’s regular meeting, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, at the Marble Palace on Monday.

According to the Deputy Prime Minister’s Office for Economic Affairs, the proposed policy was presented by a committee established under the leadership of the economic deputy office. Following a comprehensive review and consideration of the commission’s recommendations, the policy was approved.

The policy aims to regulate foreign investment activities, facilitate investment procedures, create a favourable environment for investors, ensure investment security and promote Afghanistan’s economic growth and development.

During the meeting, the commission also approved a proposal concerning the payment of fixed taxes by commercial import companies at the country’s customs offices.

Officials said implementing the proposal would create additional facilities and simplify procedures for importing businesses.

The decisions have been forwarded to the office of the Supreme Leader of the Islamic Emirate for final approval.

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