Business
Saffron Production Should be Accelerated: ACCI
The Deputy of the Chamber of Commerce and Industry Mohammad Yunus Mohmand said Afghanistan saffron is well-known product in China, UEA, Canada and European markets, insisting that the production of Saffron should be accelerated in the country.
He said, “Afghanistan saffron product is well known in the regional markets, necessary measurements should be adopted for the increasing of the production of saffron to abroad.”
Meanwhile officials in Ministry of Agriculture and livestock urged that necessary measurements and planning has been adopted for increasing of the production of Afghanistan Saffron.
1 – We need to produce 14 tons of Saffron incoming 5 years.
2- Afghanistan produced 6500 kilo gram of Saffron last year.
3 – 2800 acres of lands was covered with Saffron.
4 – 500 tons of Saffron bulbs for the farmers.
5- 4 exhibition held to find best markets for Saffron.
Officials in Ministry of Agriculture and livestock also mentioned that we have special policy for production of Saffron, which will pave the way and facilitate the increasing of Saffron products in Afghanistan.
Ministry of Agriculture and livestock Spokesman Lutfullah Rashid said, “We will launch a 5 year policy on to increase the amount of Saffron production in the country for the year of 1396, and plans are underway to distribute 500 tons of Saffron bulbs in 31 provinces of Afghanistan.”
One of the main reasons for Afghanistan Saffron in the markets is the good quality and being delicious.
Afghan farmers began growing Saffron in 2001 and this year.
Afghanistan’s saffron was also named the best saffron in the world for a third time and hit the record, the International taste and quality Institute Brussels, Belgium awarded the accolade after examining some 300 samples earlier this year.
Reported by: Aslam Ehjaab
Business
Acting commerce minister meets Russian deputy PM
Nooruddin Azizi, Acting Minister of Industry and Commerce, met with Russia’s Deputy Prime Minister Alexei Overchuk to discuss trade and investment, it was announced on Friday.
Sergey Pavlov, General Director of Russian Railways, and Dmitry Zverev, Deputy Minister of Transport of Russia, were also present in the meeting, the Ministry of Industry and Commerce said in a statement.
According to the statement, the two sides discussed increasing the volume of trade, preferential tariff for Afghan goods, Russian investment in mines and water dams in Afghanistan, and Afghanistan’s role in the International North–South Transport Corridor.
They also discussed about reducing the cost of transportation through the Russian railway, removing the export tax on basic materials, arranging the trip of the delegation to the ports of Astrakhan and Makhachkala, and holding a trade connectivity conference and an expo of Afghan products in Moscow.
Azizi met with the Russian deputy PM on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.
He also met with representatives of a number of Tatarstan and Russia companies and encouraged them to invest in Afghanistan.
Business
Azizi meets with head of Tatarstan on sidelines of Kazan Forum
The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.
According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.
The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.
This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.
The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.
Business
Afghanistan’s imports and exports totaled $10.3 billion last year
The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.
According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.
Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.
Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.
Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.
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