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
‘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.
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