Business
Russian LPG suppliers to resume exports to Afghanistan
Russian producers plan to resume liquefied petroleum gas (LPG) supplies to Afghanistan in March, rail data in Refinitiv Eikon showed, after they lost traditional westbound routes due to the Ukraine conflict.
Russian producers have not supplied LPG to Afghanistan since mid-2020 amid coronavirus-related restrictions and weak profitability, Reuters reported.
The Gas Processing Plant (GPP) in the Russian city of Orenburg owned by Kazrosgaz, the joint venture of Kazakh state-owned Kazmunaigaz and Russia’s Gazprom, plans to ship to Afghanistan 10,000 tonnes of LPG, rail data showed.
Kazrosgaz could not immediately be reached for comment.
Kazrosgaz used to ship LPG cargoes from the Orenburg plant by rail mainly to the Ukrainian port of Izmail and to Belarus, but the Ukraine conflict prompted the company to look at alternative routes.
Lukoil’s Permnefteorgsintez and Omskiy Kautschuk plants plan to export to Afghanistan in March more than 10,500 tonnes of LPG, the rail data showed.
Russian rail has banned LPG shipments to Ukraine and Russian Azov Sea and Black Sea ports, which used to handle a large part of LPG exports from Russia and Kazakhstan. LPG exports to Belarus were suspended due to overstocking in the country.
Russian LPG producers considered redirecting LPG volumes to Afghanistan as exports have become more profitable amid falling prices in Russia’s domestic market.
Business
Afghanistan raises import tariffs on several goods to support domestic industry
Under the new rates, the customs tariff on bottles has increased from 12% to 16%, while the tariff on construction paint has risen from 16% to 30%.
Afghanistan’s Ministry of Finance says it has increased customs tariffs on several imported goods as part of measures aimed at supporting domestic production and industrial growth.
The ministry said the Tariff Committee approved the changes during its third meeting of the 1405 solar year.
Under the new rates, the customs tariff on bottles has increased from 12% to 16%, while the tariff on construction paint has risen from 16% to 30%.
Tariffs on leather footwear and plaster have each increased from 50% to 80%, while the rate on sanitary diapers has risen from 20% to 25%.
At the same time, the tariff on heart springs has been reduced from 8% to 3.5%.
The Ministry of Finance said customs tariffs on cement, iron pipes, refrigerators and raw materials used in carpet production are also under review.
According to the ministry, the tariff adjustments are intended to protect domestic industries, strengthen local production and create conditions for further growth in trade.
Business
Afghanistan-Kazakhstan trade reaches $581 million in six months
The latest discussions come as Kabul and Astana work on a bilateral economic cooperation roadmap, with the two countries aiming to increase annual trade to $3 billion.
Trade between Afghanistan and Kazakhstan reached $581 million in the past six months, officials in Afghanistan’s western Herat province said.
The figure was discussed during a meeting between Herat Governor Noor Ahmad Islam Jar and a Kazakh delegation led by Yerkin Tukumov, Kazakhstan’s special representative for Afghanistan.
Tukumov stressed the need to expand transit capacity and remove customs barriers to facilitate increased trade between the two countries. He also invited Afghan officials to attend a joint economic meeting scheduled to take place in Kazakhstan.
Islam Jar highlighted Herat’s strategic location and security, describing the province as having significant potential to serve as a hub for investment and regional trade.
Afghanistan and Kazakhstan have previously discussed expanding trade in agricultural products, including Afghan agricultural exports in exchange for flour imports from Kazakhstan.
The two sides have also reached understandings on cooperation over the Torghundi-Herat railway project, which is intended to strengthen transport and trade links.
The latest discussions come as Kabul and Astana work on a bilateral economic cooperation roadmap, with the two countries aiming to increase annual trade to $3 billion.
Business
Ariana Afghan Airlines increases Kabul-Delhi cargo flights
Ariana Afghan Airlines has increased cargo flights between Kabul and Delhi to facilitate the transportation of commercial goods and support Afghan traders.
In a statement issued Saturday, the airline said it will now operate two scheduled cargo flights daily on the Kabul-Delhi route, up from one flight per day previously.
The airline said Afghan traders and commercial companies can use the daily cargo services to transport their goods quickly, safely and reliably between Afghanistan and India.
Ariana Afghan Airlines said it is working to further expand and improve its air cargo services to support trade, meet the needs of Afghan traders and facilitate Afghanistan’s exports and imports.
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