Connect with us

Business

Tormoz meeting opens new trade doors between Afghanistan-Uzbekistan

Delegates also discussed the need to hold an expo in Tormoz for regional countries; along with the need to establish trade offices in Afghanistan and Uzbekistan.

Published

on

A joint Afghanistan-Uzbekistan trade forum was held recently in Tormoz city in Uzbekistan and brought together high-level officials from both countries including Afghanistan’s acting minister of industry and commerce, Nooruddin Aziz, and his Uzbekistan counterpart Laziz Qudratov.

The meeting provided new opportunities for mutual growth and development, aimed at strengthening economic cooperation, large-scale investments and facilitating trade exchanges.

Afghanistan’s ministry said the meeting, which was also attended by delegations from the private sector, was held in the framework of the implementation of previous agreements and commitments resulting from the visit of Mullah Abdul Ghani Baradar, Deputy Economic Prime Minister of the Islamic Emirate of Afghanistan (IEA) to Uzbekistan.

Various topics were discussed at the forum including important issues such as Uzbekistan’s investment in various sectors of Afghanistan’s economy.

One of the projects under discussion was the establishment of a commercial complex in the land port city of Hairan. Other topics were on food production and processing; poultry farming; pharmaceutical industries; cement production; building materials; horticulture (pistachio orchards) and vegetable and fruit processing facilities, with an initial investment of more than $200 million.

Delegates also discussed the need to hold an expo in Tormoz for regional countries; along with the need to establish trade offices in Afghanistan and Uzbekistan.

Customs cooperation, multiple entry business visas and the establishment of a joint trade committee were discussed.

Officials have said the meeting was an important step in strengthening economic and trade relations between the two countries and has opened new horizons for future cooperation.

Business

‘Made in Afghanistan’ expo opens in Tashkent

Published

on

The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.

According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.

More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.

Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.

Continue Reading

Business

Afghani strengthens nearly 10% against US dollar amid banking sector reforms

The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.

Published

on

Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.

Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.

The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.

As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.

Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.

Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.

They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.

Continue Reading

Business

Uzbekistan delivers over 290 tons of aid to Afghanistan

The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.

Published

on

Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.

The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.

The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.

Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.

Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.

The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!