Business

Pakistani goods transported to Central Asia without any problems: Afghanistan

Published

1 year ago

February 18, 2023

(Last Updated On: February 18, 2023)

Afghanistan’s Ministry of Industry and Commerce said on Saturday that Pakistani goods are transported to Central Asian countries through Afghanistan without any problems.

Earlier, Pakistan’s Minister of State for Foreign Affairs Hina Rabbani Khar said that Afghanistan offers immense opportunities in terms of realisation of Pakistan’s vision to becoming a trade and energy connectivity hub and integration of South, Central, and Western Asia.

However, she said the current political situation coupled with the threat of terrorism poses a challenge for the region. She said that the full potential of Pakistan’s relationship with the Central Asian Republics is largely unexplored due to the situation in Afghanistan.

The spokesman of the Ministry of Industry and Commerce of the Islamic Emirate, however, says that Pakistan’s goods are transported to Central Asian countries without any problems through Afghanistan.

“Countries that want to transit through Afghanistan should not worry at all. Any country that says there is insecurity in Afghanistan, we reject it completely. We assure the neighboring countries that we have secured the roads and there is no problem,” Abdulsalam Akhundzada said.

Investors also say that Afghanistan has played its transit role in the region to meet the economic needs of Central and South Asian countries.

“We have always had exports to Pakistan. Our goods, our fruits, our vegetables have been perished, but no one has so far said that the goods of the Pakistani businessmen have been stopped or damaged on the way to Afghanistan,” said Mirwais Hajizadeh, an investor.

Economic experts also say that considering the current economic situation in Afghanistan and the region, Kabul can play an important role in the economic relations of the countries and get huge profits from it.

“I think that since the establishment of the Islamic Emirate in Afghanistan, there has been tremendous progress in the security sector,” says Taj Mohammad Talash, an expert on economic affairs. “Afghanistan is ready for regional connectivity.”

Related Topics:#َAfghanistan CentralAsia featured Pakistan Trade Transit

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Azizi meets with head of Tatarstan on sidelines of Kazan Forum

Published

1 day ago

May 16, 2024

Ariana News

(Last Updated On: May 16, 2024)

The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.

According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.

The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.

This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.

The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.

Business

Afghanistan’s imports and exports totaled $10.3 billion last year

Published

2 days ago

May 15, 2024

Ariana News

(Last Updated On: May 15, 2024)

The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.

According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.

Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.

Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.

Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.

Business

Acting commerce minister heads to Russia to attend Kazan Forum

Published

3 days ago

May 14, 2024

Ariana News

(Last Updated On: May 14, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, headed to Russia to participate in an international economic meeting in Kazan, Tatarstan.

The aim of the Russia-Islamic World: KazanForum 2024, the 15th edition of the forum, is to offer a platform for leading international economic and financial specialists from the Islamic world to strengthen ties between the countries of the Organization of Islamic Cooperation (OIC) and the regions of the Russian Federation in the economic, educational, social and cultural spheres, Anadolu Agency reported.

The Ministry of Industry and Commerce said that Azizi, leading a high-level delegation of the Islamic Emriate, traveled to Tatarstan at the invitation of Tatarstan President Rustam Minnikhanov.

The forum is held between May 14 and 19.

The forum also aims to promote the development of Islamic financial institutions in Russia and worldwide, with a focus on joint international projects and programs, according to Anadolu Agency.

More than 80 nations are expected to participate in the event, including representatives of the United Arab Emirates, Bahrain, Malaysia, Türkiye, Iran, Libya, and other OIC member states.