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Three-day expo for Afghan products held in Kabul

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(Last Updated On: December 11, 2022)

The Ministry of Economy says more than 200 companies are showcasing their products at a three-day expo in Kabul titled “our homeland, our production”.

Abdul Latif Nazari, deputy minister of economy, attended the expo and said that the Islamic Emirate supports domestic production and start-up industries, but added that sanctions, restrictions, and freezing of foreign exchange reserves have prevented the government from launching large economic projects.

“Sanctions, political goals and the freezing of Afghan assets have stopped the progress of large projects,” said Nazari.

“We support small and medium industries, even if they are new because they play a positive role in the self-sufficiency of Afghanistan’s economy,” he added.

He also said that the Ministry of Economy has developed an economic policy that includes supporting the private sector, restarting incomplete projects, institutionalizing domestic production, attracting development aid along with humanitarian aid, and creating a scientific environment for production and investment.

“In our economic diplomacy, in addition to attracting humanitarian aid, we talked to the international communities, organizations, and institutions to start their development projects and development aid in Afghanistan and to finish the incomplete projects of the former government, whose work is still 90% completed,” he said.

In addition, the head of the Chamber of Commerce and Investment, Mohammad Yonus, said that investors are supported by the government more than ever.

“I call all the investors, whether domestic or foreign, to come and invest for the development of Afghanistan because the conditions in the country are very favorable at the moment,” said Yonus.

Mumtaz Yusufi, the head of the Women’s Chamber of Commerce and Industry meanwhile said that women entrepreneurs also participated at the expo.

“There are 40 tables from Afghanistan Women’s Industries Chamber in this expo, which are from different sectors,” she said.

This is the second expo of Afghan products to be held in Kabul in the past few weeks.

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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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