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Russia’s exports via Trans-Afghan Railway Line to average between 8 and 15 million tons annually
Russia’s First Deputy Prime Minister Denis Manturov says the volume of goods from Russia that will be transported via the planned Trans Afghan Railway Line will total between eight and 15 million tons annually.
Speaking at an expo in Uzbekistan, Manturov stated that goods will include chemical fertilizers, oil and gas, ferrous metals and coal.
“Russia and Uzbekistan signed an agreement in April this year to exchange information for the development of feasibility studies. It is expected that calculations for the projected transport volume, as well as assessments of the economic benefits of future routes, will be completed next year.
“The bulk of the cargo will likely include chemical fertilizers, petroleum products, ferrous metals, hard coal, and similar goods,” said Manturov.
He added that transportation authorities from both Russia and Uzbekistan are working on the railway project.
Currently feasibility studies are being conducted for western routes through Mazar-e-Sharif, Herat, Delaram, and Kandahar, and eastern routes through Termez, Naibabad, Logar, and Khairlachi.
The planned railway line, once completed, will connect the European Union, Russia, Uzbekistan, Afghanistan, Pakistan, India, and Southeast Asian countries.
Abdul Hadi Farhang, an economic expert, said: “The Trans Afghan project will not only help reduce the cost of goods in Afghanistan but also play a key role in trade and the country’s economic growth.”
Meanwhile, Russian investors have expressed interest in establishing a $500 million oil refinery in Balkh province.
The goal of this initiative is to create jobs, expand economic opportunities for the Afghan people, and strengthen economic ties between the two countries.
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Karzai condemns Pakistani airstrikes on Kunar and Helmand
In a statement, Karzai expressed condolences to the families of those killed and wished a swift recovery to those injured.
Former Afghan President Hamid Karzai has strongly condemned recent Pakistani airstrikes on residential areas in Kunar and Helmand provinces, saying the attacks resulted in civilian casualties, including women and children.
In a statement, Karzai expressed condolences to the families of those killed and wished a swift recovery to those injured.
Karzai described the actions by Pakistani forces as a violation of Afghanistan’s sovereignty and territorial integrity, stressing that Afghans would stand united in defending their country against foreign aggression.
He also called on Pakistan’s leaders to review what he described as confrontational and hostile policies toward Afghanistan, urging Islamabad to avoid actions that harm Afghan civilians.
Karzai further called for an end to the promotion of extremism and division, and urged Pakistan to engage with Afghanistan on the basis of good-neighborly relations and civilized cooperation.
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Moscow to host 8th meeting of Afghanistan consultations on October 5
Russian Foreign Minister Sergey Lavrov is expected to address the participants during the consultations.
The eighth round of the Moscow Format consultations on Afghanistan will be held in Moscow on October 5, Russian Foreign Ministry spokesperson Maria Zakharova said Wednesday.
The meeting will bring together special representatives and senior officials from Afghanistan, Russia, China, Iran, India, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
Belarus and Egypt have also been invited to participate as guest countries, Zakharova said during a briefing.
Russian Foreign Minister Sergey Lavrov is expected to address the participants during the consultations.
According to Zakharova, the Afghan delegation will be led by Afghanistan’s foreign minister, who is also scheduled to hold a separate meeting with Lavrov on the sidelines of the event.
The bilateral talks are expected to focus on current issues related to cooperation between Russia and Afghanistan.
At the broader consultations, participants are expected to discuss political and economic cooperation between Afghanistan and regional countries, as well as efforts to strengthen regional cooperation in combating terrorism and drug trafficking.
A joint statement is expected to be adopted at the conclusion of the meeting, Zakharova said.
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Da Afghanistan Bank reports increase in public bank deposits
Da Afghanistan Bank (DAB) says public deposits in the country’s banks have increased this year, with significant progress also recorded in the banking sector.
Sediqullah Khalid, First Deputy Governor of DAB, made the remarks at a meeting of the bank’s Supreme Council, saying the increase in deposits reflects greater stability in the banking sector and increased public confidence in the country’s banking system.
The meeting discussed the country’s monetary policies, the current condition of the banking sector, the development of Islamic banking, the expansion of electronic banking, and broader public access to financial services.
Khalid emphasized the implementation of effective monetary policies, assessment of the banking sector, continued efforts to develop Islamic banking, expansion of electronic banking, and improving public access to financial services.
He also highlighted the stability of the Afghan afghani, saying that despite global economic challenges, the currency had maintained its stability over the past year compared with many regional and international currencies.
According to Khalid, the stability of the afghani reflects the effectiveness of DAB’s well-calibrated and targeted monetary policies.
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