Business
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.
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.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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