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Russia to Exchange Oil Instead of Fruits from Afghanistan

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(Last Updated On: October 25, 2022)

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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.

 

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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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