Business
Pakistan’s trade delegation meets finance ministry officials in Kabul
Pakistan delegation discussed Tuesday with the finance officials of the Islamic Emirate of Afghanistan (IEA) regarding bilateral trade issues at Serena Hotel in Kabul.
This delegation arrived in Kabul on Monday evening and had an introductory meeting with the officials of the Ministry of Commerce and Industry, but the trade issues between the two countries will be discussed in three-day meetings.
Officials of the IEA said that the focus is more on the issue of coal export, adding that efforts are being made to find a solution to the existing problems so that the two countries can have commercial relations within the established framework.
“So far, this Pakistani delegation has met with the Deputy Minister of Commerce of Afghanistan and also discussed with the officials of the Ministry of Finance, and these discussions are still going on, but the details of the discussions have not been determined,” said Bilal Karimi, deputy spokesman of the IEA.
On the other hand, some economic experts said that the improvement of political and economic relations with regional and neighboring countries will lead the country towards economic convergence and these relations will increase investment in the country.
Pakistan delegation requested from the IEA officials to ease the coal exports while the price of this commodity has increased in the global market.
In the meantime, Geo news agency reported Tuesday that ahead of a Pakistani trade delegation’s visit to Kabul, the Islamic Emirate has raised the price of imported coal yet again.
Prime Minister Shehbaz Sharif recently announced the import of coal from Afghanistan for power generation, claiming that it will save the country approximately $2 billion. He said that the coal from Afghanistan will be priced in rupees rather than dollars.
Following the announcement by the prime minister, the IEA raised the price of imported coal from $90 per ton to $200 per ton, Geo reported.
Geo citing Afghan media reports as saying, the IEA has raised the price of coal yet again, this time by $80 per ton.
Geo reported quoting Ismatullah Burhan, spokesperson for Afghanistan’s Ministry of Minerals and Petroleum, the new price of coal will be $280 per ton, with immediate effect.
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.
-
Latest News2 days agoTajikistan shifts stance on Afghanistan amid rising border tensions
-
Latest News4 days agoAround 2.3 million tourists visited Afghanistan’s recreational areas during Eid: Ghufran
-
Sport4 days agoAfghanistan squad hit by withdrawals ahead of AFC Asian Cup Qualifiers
-
Latest News4 days agoIslamic Emirate releases American prisoner Dennis Coyle
-
Latest News3 days agoTwo civilians killed, eight injured in fresh shelling by Pakistan in Kunar
-
Regional4 days agoUS allies in Middle East ‘edging closer’ to joining conflict
-
Latest News5 days agoAirstrike on Kabul drug rehabilitation centre sparks legal concerns
-
Regional4 days agoTehran rejects Trump’s claims of talks, accuses US of spreading ‘fake news’
