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Pakistan’s export volume to Afghanistan increases

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(Last Updated On: December 13, 2023)

Pakistan’s Central Bank has announced a 2.65% increase in the country’s exports to Afghanistan during the third quarter of this year.

The bank stated in its latest report that from July to October, Pakistan’s export volume to Afghanistan was about $186.7 million dollars, against $176.2 million in the same period last year.

However, the report indicated that Pakistan’s imports from Afghanistan dropped by 81.3% for July to October period this year.

Afghanistan mostly exports dry and fresh fruits and coal to Pakistan, but the export of coal has significantly dropped.

According to the Afghanistan Chamber of Commerce and Investment (ACCI), a large percentage of the country’s food, including rice and flour, is imported from Pakistan, along with other items such as cement, plastic, and spices.

Khan Jan Alkozai, a member of the board of directors of the Afghanistan Chamber of Commerce and Investment, confirmed that the level of Pakistan’s trade with Afghanistan has decreased greatly and said: “We used to trade three billion dollars [a year] with Pakistan, which has now decreased to one billion dollars. On the other hand, Afghanistan’s exports to Pakistan have also decreased a lot.”

Alkozai said that Afghanistan has already found alternative trade partners including Iran, which is now sitting at $2.5 billion dollars a year.

He said Afghanistan’s trade with China and India has also increased and Afghanistan’s trade with Central Asia now totals $800 million dollars.

According to the latest World Bank report published on December 4, despite the 19% decrease in Afghanistan’s exports to Pakistan, this country is still Afghanistan’s largest export market.

The report states that Afghanistan exports 54% of its commercial goods to Pakistan, of which 73% of exports include food and coal.

The World Bank also stated that Afghanistan’s total exports to Pakistan decreased by 19% this year. Afghanistan meanwhile imports 18% of consumer goods from Pakistan and the rest from Iran, China and the United Arab Emirates.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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