Business
Senior Afghan, Pakistani officials to meet at Torkham
Senior officials from Afghanistan and Pakistan will meet at Torkham border crossing on Monday to discuss issues related to trade and movement of people.
Afghanistan’s delegation in the meeting will be led by Acting Minister of Industry and Commerce Nooruddin Azizi, while Pakistan’s will be headed by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood. The Pakistani delegation will also include National Security Advisor Moeed Yousuf.
The officials will discuss various important matters related to smooth movement of people and patients across the border, issuance of temporary admission documents, increase in timings of border crossing points, establishment of joint border infrastructure, training of Afghan nominees for trade related capacity building courses and smooth crossing of humanitarian assistance to Afghanistan, Pakistani media reported.
Officials will also discuss the time frame for reinitiating the stalled Torkham-Jalalabad road project and the start of a luxury bus service between Peshawar-Jalalabad and Quetta-Kandahar, according to Dawn news.
The Peshawar-Jalalabad motorway concept was given the go-ahead in 2016. However, there has been no progress on the 281-km road project.
Meanwhile, Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) in a report on Saturday expressed concerns over the “shrinking” trade volume from $2.5 billion to $1 billion between the two countries.
“Lack of business-friendly policies, absence of proper barter trade mechanisms, ineffective investment and joint venture policies apart from unnecessary pressure and action by the FIA (Federal Investigation Agency) and FBR (Federal Board of Revenue) are the main factors that reduced the trade volume,” the report said.
It stated that in the absence of an operational banking structure in Afghanistan, banks refused to process third-party payments which hindered international transactions.
Moreover, imposition of duties, fiscal reforms, double taxation, and unilateral imposition of duties and taxes by either government also affected the trade, according to the report.
“The trade volume decreased due to the unregulated movement of goods, the need for unnecessary documents, difficult security checks, and poor transit facilities in both countries,” the report stated.
Business
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Business
Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.
According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.
The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.
Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.
Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.
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Business1 day agoAfghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
