Business
Russian firms show interest in Panjshir-to-Kabul water transfer project
During the meeting, the Russian side reportedly conveyed readiness to engage not only in the water transfer project but also in a broader range of infrastructure and energy development ventures across Afghanistan.
Several Russian companies have expressed strong interest in participating in Afghanistan’s ambitious Panjshir-to-Kabul water transfer project, a major infrastructure initiative aimed at addressing the capital’s worsening water shortage, the Ministry of Water and Energy announced.
According to the ministry, a delegation of Russian business representatives — accompanied by an official from the Russian Embassy in Kabul — met with Deputy Minister for Energy Abdul Hadi Yaqub to explore potential investment opportunities.
During the meeting, the Russian side reportedly conveyed readiness to engage not only in the water transfer project but also in a broader range of infrastructure and energy development ventures across Afghanistan.
Yaqub welcomed the proposal, saying the ministry is open to partnerships that support the country’s long-term development goals.
“The Ministry of Water and Energy welcomes all constructive cooperation in the fields of water management, power generation, and infrastructure,” Yaqub said. “The Islamic Emirate supports initiatives that contribute to Afghanistan’s sustainable growth and the well-being of its people.”
A strategic infrastructure priority
The Panjshir-to-Kabul water transfer project is among Afghanistan’s most significant planned infrastructure undertakings. The project aims to channel water from the Panjshir River to Kabul, where rapid population growth has placed severe strain on existing water resources.
Experts say that, if completed, the project could provide a critical lifeline for the capital, ensuring a more stable water supply for households, agriculture, and industry. It could also serve as a model for future large-scale hydrological and energy projects in the country.
The initiative aligns with the Islamic Emirate’s broader strategy to attract foreign investment and technical expertise, particularly from countries with a history of engagement in Afghanistan’s development.
Strengthening Afghan–Russian ties
Russia has in recent months increased its diplomatic and economic engagement with Afghanistan, signaling interest in sectors such as energy, mining, and infrastructure. Several Russian companies have previously explored opportunities in Afghanistan’s power generation and oil industries, and Moscow has hosted multiple meetings with Afghan officials to discuss cooperation.
Analysts view the latest discussions as part of a gradual deepening of economic ties between the two countries, amid Afghanistan’s ongoing efforts to rebuild its economy and reduce dependency on Western aid.
“Russia sees Afghanistan as a potential partner for regional energy connectivity and resource development,” said a Kabul-based economic analyst. “Projects like the Panjshir–Kabul water transfer could become a stepping stone for broader collaboration.”
Looking ahead
While no formal agreements have yet been signed, the ministry described the discussions with Russian companies as positive and forward-looking. Officials say technical assessments and feasibility studies will be required before construction can begin.
If realized, the project would mark one of the first major foreign-backed infrastructure initiatives under the current government — signaling renewed international confidence in Afghanistan’s stability and investment potential.
Business
Afghanistan and Iran discuss boosting trade and investment ties
Both sides agreed to follow up on the issues raised, improve coordination between relevant economic institutions and work towards removing barriers to trade.
Afghanistan and Iran have held talks on expanding bilateral trade, improving cross-border commerce and creating new investment opportunities for businesses in both countries.
The discussions took place during a meeting between a trade delegation from Afghanistan’s Kandahar province and representatives of the Iran-Afghanistan Joint Chamber of Commerce.
The Afghan delegation was led by Kamaluddin Tawhid, Chairman of the Afghanistan-Iran Joint Chamber of Commerce, who met with his Iranian counterpart, Mahmoud Seyadat, along with members of the chamber’s board of directors. Afghanistan’s Consul General in Mashhad, Noor Mohammad Mutawakkil, also attended.
The talks focused on strengthening economic cooperation, streamlining trade procedures at ports and border crossings, and encouraging joint investment by Afghan and Iranian companies.
Participants also raised several practical obstacles affecting commercial activities, including foreign exchange obligations, visa arrangements for Afghan truck drivers and the movement of Afghan freight vehicles through Iranian territory.
Tawhid highlighted Kandahar’s economic potential and investment opportunities across Afghanistan, urging Iranian businesses to play a greater role in the country’s economy.
He also pointed to investment opportunities identified by Afghanistan’s Ministry of Industry and Commerce, stressing the need for improved facilities for private-sector businesses and closer cooperation between the two countries’ commercial communities.
Both sides agreed to follow up on the issues raised, improve coordination between relevant economic institutions and work towards removing barriers to trade.
The meeting concluded with a commitment to strengthen commercial exchanges and expand trade and investment relations between Afghanistan and Iran.
Business
UK-Afghanistan trade falls 16.7% to £70 million over 12 months
Trade in goods and services between the United Kingdom and Afghanistan declined by 16.7 percent to £70 million in the 12 months to the end of June 2026, according to the latest figures published by the UK Department for Business and Trade.
The department’s trade and investment factsheet, released on November 6, shows that bilateral trade fell by £14 million compared with the same period a year earlier.
UK exports to Afghanistan totalled £57 million, down 18.6 percent or £13 million, while imports from Afghanistan stood at £13 million, representing a 7.1 percent decline.
The figures show that goods accounted for £32 million, or 45.7 percent, of total trade, while services made up the remaining £38 million, or 54.3 percent.
UK exports to Afghanistan included beverages, pharmaceutical products, dairy products, road vehicles and industrial machinery.
Vegetables and fruit were the leading Afghan goods exports to the UK, worth £1.7 million. Clothing and textile fabrics were also among the main products exported.
The report ranks Afghanistan as the UK’s 166th-largest trading partner, accounting for less than 0.1 percent of the UK’s total trade during the period.
Business
Afghanistan and Russia discuss expanding trade and investment ties
Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors.
Afghanistan and Russia have discussed ways to strengthen bilateral trade, expand private-sector cooperation and attract new investment during a meeting in Kabul.
Inayatullah Sediqzi, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI) for Services, met with Russian Ambassador to Afghanistan Dmitry Zhirnov on the sidelines of an event marking Russia’s National Unity Day on Wednesday, November 4.
The event was hosted by the Russian Embassy in Kabul.
According to a statement from the ACCI, discussions focused on boosting economic relations, increasing bilateral trade and creating greater opportunities for businesspeople and investors from both countries.
Both sides highlighted the importance of closer cooperation between the Afghan and Russian private sectors, exploring new areas of economic partnership and establishing stronger direct links between their respective business communities.
The discussions reflect Afghanistan’s continued efforts to expand economic engagement with regional and international partners, with increased trade, private-sector development and foreign investment remaining key priorities.
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