Connect with us

Business

Russia to Exchange Oil Instead of Fruits from Afghanistan

Published

 on

(Last Updated On: January 24, 2015)

Pic 2

Russia Government has decided to exchange its Oil and Gas instead of Fruits coming from Afghanistan, Afghan officials in chamber of commerce and industry have said,”a Russia delegate who is visiting Afghanistan has demanded this exchange from Afghan Governmental officials.”

Officials in chamber of commerce and industry said by the implementation of such plan from one hand will decrease the price of Oil and Gas and from the other hand it will improving the exporting of the fruits from Afghanistan to Russia and other countries.

Deputy of chamber of commerce and industry Khan Jaan Alkozai has stated that Afghanistan fruits markets closely related to the neighboring countries markets,beside that it will decrease the price of Oil and Gas in the country,he also urged that there will be fresh fruits get rotten, farmers will no more suffer from their fruits stuck in Afghanistan.

Afghanistan Chamber of Commerce and industry Minister’s spokesman Musafer Qoqandi said,” we are optimistic and we deeply welcome such exchanging of goods in between Afghanistan-Russia, we announce to all other countries in the world if any of the countries willing to do exchanging of goods specially on Oil and Gas we will sign the contract.”

Speaking on the issue Afghan economy experts have expressed their optimisms and said,”the exchanging of goods in between Afghanistan-Russia Will decrease Oil Gas Prices and also will make Afghan farmers to be more interested what they do and it will also make grown Afghanistan Agriculture.”

Afghan economy expert Kakojan Naizi has said,” currently we export 5 % but import 95% if this agreement to be signed it will make Russia Investors to come to Afghanistan and invest.”

Officials in Ministry of Commerce and Industry have said Russia is the closest markets for Afghanistan, after the processing of the goods Russia will deliver Oil and Gas to Afghanistan markets through Turkmenistan and Tajikistan countries by Railways.

Reported By: Nimatullah Ahmadi.

 

Advertisement

Business

Musk says Twitter deal could move ahead with ‘bot’ info

Published

on

(Last Updated On: August 6, 2022)

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people, AP reported Saturday. 

The billionaire and Tesla CEO has been trying to back out of his April agreement to buy the social media company, leading Twitter to sue him last month to complete the acquisition. Musk countersued, accusing Twitter of misleading his team about the true size of its user base and other problems he said amounted to fraud and breach of contract.

Both sides are headed toward an October trial in a Delaware court.

“If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms,” Musk tweeted early Saturday. “However, if it turns out that their SEC filings are materially false, then it should not.”

Twitter declined comment Saturday. The company has repeatedly disclosed to the Securities and Exchange Commission an estimate that fewer than 5% of user accounts are fake or spam, with a disclaimer that it could be higher. Musk waived his right to further due diligence when he signed the April merger agreement.

Twitter has argued in court that Musk is deliberately trying to tank the deal because market conditions have deteriorated and the acquisition no longer serves his interests. In a court filing Thursday, it describes his counterclaims as an imagined story “contradicted by the evidence and common sense.”

“Musk invents representations Twitter never made and then tries to wield, selectively, the extensive confidential data Twitter provided him to conjure a breach of those purported representations,” company attorneys wrote.

Continue Reading

Business

Fresh fruits exports from Afghanistan increase this year: ACCI

Published

on

(Last Updated On: August 5, 2022)

Afghanistan Chamber of Commerce & Investment (ACCI) said Friday that fresh fruits exports have increased from the country abroad.

According to ACCI, the export of fresh fruits have increased significantly compared to previous years, and most of these fruits are exported to Pakistan, India and some other neighboring countries of Afghanistan.

ACCI members have added that if the export process continues in the same way, gardeners and traders can export fresh seasonal fruits regularly.

According to the members of this chamber, Pakistan has recently provided more facilities for Afghanistan’s exports.

However, producers and exporters of fresh fruit in the country said that compared to last year, melon products have decreased by 50 percent, adding that there is little consideration for the expenses and efforts of farmers for the price at which their products are sold, and there is a need for better marketing for their products.

Meanwhile, traders said that due to recent droughts and natural disasters, the harvest of fresh fruit has decreased.

On the other hand, the decrease in the price of Pakistani currency has caused traders to face many problems in trading goods with this country.

Economic experts said that the government should find different markets for the country’s fresh fruit exports.

According to them, in order to prevent the spoilage of farmers’ and gardeners’ products, cold storages should be set up in the country.

Continue Reading

Business

HRW urges governments, IEA to reach agreement on banking issues

Published

on

(Last Updated On: August 5, 2022)

Afghanistan’s humanitarian crisis cannot be effectively addressed unless the United States and other governments ease restrictions on the country’s banking sector to facilitate legitimate economic activity and humanitarian aid,” Human Rights Watch said in a statement on Thursday.

It said that the US air strike killing the al-Qaeda leader Ayman al-Zawahri should not derail ongoing discussions between the US and Afghanistan to urgently reach an agreement allowing ordinary Afghans to engage in legitimate commercial activity.

“Afghanistan’s intensifying hunger and health crisis is urgent and at its root a banking crisis,” said John Sifton, Asia advocacy director at Human Rights Watch. “Regardless of the Taliban’s (IEA) status or credibility with outside governments, international economic restrictions are still driving the country’s catastrophe and hurting the Afghan people.”

Despite actions by the US and others to license banking transactions with Afghan entities, Afghanistan’s central bank remains unable to access its foreign currency reserves or process or receive most international transactions. As a result, the country continues to suffer from a major liquidity crisis and lack of banknotes, HRW noted.

Businesses, humanitarian groups, and private banks continue to report extensive restrictions on their operational capacities. At the same time, because outside donors have severely cut funding to support Afghanistan health, education, and other essential sectors, millions of Afghans have lost their incomes, according to HRW.

Overall, more than 90 percent of Afghans have been suffering from some form of food insecurity since last August, skipping meals or whole days of eating and engaging in extreme coping mechanisms to pay for food, including sending children to work, HRW said.

“Importers are struggling to pay for goods, humanitarian groups are facing problems with basic operations, and the Afghan diaspora can’t send enough money to their relatives and friends,” Sifton said. “Millions of hungry Afghans are experiencing the abysmal reality of seeing food at the market but being unable to purchase it.”

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!