Connect with us

Business

TAPI Project to be implemented after 2 years

Published

on

(Last Updated On: October 25, 2022)

4

 Officials in Ministry of Mine and petroleum said,” Gas pipe line which begins from Turkmenistan – Afghanistan- Pakistan ends to India its construct work will begin after two years, they have urged that if the companies sign the contract in its determined date and time the construction work will be accomplished after 3 years in the future.”

According to their statements Afghanistan will be benefited %25 its shares from the following project.

Minister of Mines and Petroleum Daudshah Sabah said,” the following project is vital to Afghanistna , the technical process is done, only wait to see the beginning of practical work phase Afghanistan annually will be benefited 270 up to 370 $million it will have direct impact on the Gas price in Afghanistan.”

The contract indicates that Afghanistan will not only receives fees from other countries, and will have hundreds jobs opportunities for the Afghans to earn money after the project begins.

The following Gas pipe line which is 4000 kilo meters where 800 kilo meters will pass from Afghanistan,this golden opportunity for Afghans will impact their economy but also the Afghan Government will make big money out of it.

Reported By Nimatullah Ahmadi

Advertisement

Business

Acting commerce minister meets Russian deputy PM

Published

on

(Last Updated On: May 17, 2024)

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.

Continue Reading

Business

Azizi meets with head of Tatarstan on sidelines of Kazan Forum

Published

on

(Last Updated On: May 16, 2024)

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.

Continue Reading

Business

Afghanistan’s imports and exports totaled $10.3 billion last year

Published

on

(Last Updated On: May 15, 2024)

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.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!