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Saffron exports to India surpass $19 million mark

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(Last Updated On: April 8, 2021)

Afghanistan’s saffron export to India topped $19.08 million last year, indicating an 80 percent increase over the past five years.

In 2019, Afghanistan exported $17.38 million worth of saffron to India.

In an effort to further promote Afghan saffron trade in India, the Afghanistan Commercial Attaché office in Mumbai, in association with USAID and the US Department of Commerce’s Commercial Law Development Program (CLDP), and Indian Chamber of International Business (ICIB) hosted the Afghan Saffron Promotion Virtual Conference on Wednesday.

“USAID, in collaboration with the US Department of Commerce and the US Department of Agriculture, is working with Afghan and Indian private and public sectors to increase saffron supply, reduce trade costs, and better serve Indian markets and consumers,” said USAID/Afghanistan Mission Director Tina Dooley-Jones.

“Together, we are working to improve farming techniques so Afghan farmers can sell more, high-quality saffron while adhering to important safety guidelines,” she said.

The event was attended by dignitaries from World Trade Center Mumbai, Afghanistan Chamber of Commerce and Industries, Afghanistan Women Chamber of Commerce and Industries, and Kabul and Herat Chambers of Commerce & Investment, the Afghan Embassy in India said in a statement.

Manpreet Singh, President of the Indian Chamber of International Business said: “The market opportunity in India for saffron and Afghanistan is wide open. I know that Afghan saffron is winning international quality and taste awards. The price is also right. The only problem is that consumers do not know this.”

Business

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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