Connect with us

Business

Pakistan’s commerce delegation wraps up ‘successful’ trip to Kabul

Published

on

Pakistan’s Charge d’Affaires for Afghanistan, Ubaid-ur-Rehman Nizamani said in a video message on Wednesday that the recent talks between Islamabad’s commerce delegation and Afghan officials had been “successful” and that he hoped this would give fresh impetus to bilateral trade between the two countries.

“I’m happy to report that this was a successful visit and both sides have agreed to work together for mutual benefit on a number of areas.

“They will facilitate transit, they will facilitate bilateral trade and they will take all possible measures that create an environment for continuous and productive trade and economic relations between the two countries,” he said.

The delegation, led by Commerce Ministry Secretary Khurram Agha, arrived in Kabul on Monday and had numerous talks on various issues with Islamic Emirate officials.

The visit came amid deteriorating bilateral relations following several suicide attacks in Pakistan in the last couple of months that Islamabad attributes to the Tehreek-e-Taliban Pakistan (TTP) militants, a group they claim is based in Afghanistan.

Diplomatic tensions between the two countries over the last few months have led to economic losses, as key border crossings for trade and travel have closed intermittently, resulting in goods trucks being held up at border posts.

Afghanistan’s Minister for Industry and Commerce Nurudin Azizi meanwhile said the IEA had held fruitful negotiations in a cordial environment with the visiting delegation.

“We discussed in detail with the Pakistani side specific issues related to heavy transport vehicles that will be resolved,” he said.

“We will achieve positive results as our discussions remained productive.”

Azizi said Afghanistan expected to sign a formal agreement with Pakistan within six months, allowing Pakistani trucks to enter Afghanistan and travel to the Central Asian states and Afghan trucks to go all the way to the Pakistani port cities of Karachi and Gwadar.

Apart from discussing trade-related issues, the two sides also focused on movement of passengers, patients and businesspeople across their common border during these talks.

Azizi noted uninterrupted trade and business between Kabul and Islamabad would play a significant role in creating a peaceful environment between the two countries and facilitate their economic development.

He said the two sides also pledged to enhance their existing trade volume, adding that both countries could become ideal markets for each other if they did not allow business to be affected by any geopolitical tensions.

Azizi also said Afghanistan could export agricultural products to China and other countries via Pakistan’s ports and cities.

Business

Afghanistan’s first aluminum can factory launched in Herat with $120 million investment

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.

Published

on

Afghanistan’s first aluminum can manufacturing plant was officially launched on Thursday in Herat province, marking a significant step toward industrial development and economic self-reliance.

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.

According to officials, the Pamir factory is the first of its kind in Afghanistan and is being established with an investment of $120 million. The project will be built on 16 jeribs of land within Herat’s industrial zones.

Once completed, the factory is expected to create employment opportunities for around 1,700 Afghan citizens. Officials say the project will play a key role in boosting domestic production, reducing reliance on imports, and strengthening the national economy.

Authorities described the launch of the project as a clear sign of growing investment in the industrial sector and ongoing efforts to promote economic self-sufficiency in the country.

Continue Reading

Business

Russia eyes trans-Afghan railway to expand regional trade corridors

Uzbekistan, which already has a direct rail connection with Afghanistan, has positioned itself as a regional logistics hub linking Russia, Central Asia and South Asia.

Published

on

Russia has expressed strong interest in constructing a railway through Afghanistan as part of broader efforts to strengthen transport and trade links with countries in the Global South, Russian Deputy Prime Minister Alexei Overchuk said.

Speaking to Russia 24 television, Overchuk noted that expanding connectivity with southern markets would help diversify Russia’s transport and logistics routes. He said various options for building a railway across Afghan territory are currently under discussion, with a focus on both western and eastern corridors.

Overchuk added that Russian specialists are actively studying the feasibility of the project and are involved in technical consultations related to the proposed railway.

His remarks follow earlier statements by Russian Industry and Trade Minister Denis Manturov, who said last year that Russia and Uzbekistan were jointly preparing a feasibility study for the Trans-Afghan railway, aimed at developing international transport corridors.

Subsequently, the transport ministers of Russia and Uzbekistan signed agreements to move into the development phase of the Trans-Afghan railway project, which is expected to extend southward to Pakistan.

Uzbekistan, which already has a direct rail connection with Afghanistan, has positioned itself as a regional logistics hub linking Russia, Central Asia and South Asia.

In November 2024, during a visit to Kabul, Overchuk told officials of the Islamic Emirate that Moscow was keen to participate in the Trans-Afghan railway project, describing it as a key initiative to enhance connectivity across Central Asia and the broader Eurasian region.

Continue Reading

Business

Pakistan’s kinno exports falter as tensions with Afghanistan continue

Published

on

Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.

Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.

Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.

Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.

Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.

Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!