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Uruzgan mayor determines Kaldar as second valuable exchange

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(Last Updated On: October 25, 2022)

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Officials in Directorate of Local Governance have stated that the Uruzgan mayor has announced the Pakistani rupees called Kaldar as the second exchange currency in the markets, using foreign currencies will decrease the values of the Afghan currency within the markets, saying investigation will be launched to pursue the following issue.

Officials in Ministry of Finance urged exchanging of foreign notes while purchasing goods are contrary to Afghanistan Finance laws.

Media accessed document indicating that Uruzgan mayor has determined Pakistani rupees called Kaldar as the second valuable exchanged while purchasing meat and some other basic food from the markets.

Officials in Directorate of Local Governance have confirmed the following food price list saying investigation is underway to pursue the following issue.

Directorate of Local Governance Spokeswoman Munira Yusofzada said,” We confirm the following price list of the basic food released by the Uruzgan Municipal, the Governor of Uruzgan will investigate about the issue and is willing to share the results soon with media.”

Uruzgan Governor Spokesman Dost Mohammad Nayab said,” We promise pursuing the issue and sharing the results with central Government and the media outlets soon, after the investigation it will be declared if the following Mayor still can hold his position.”

Meanwhile officials in Ministry of Finance despite of giving no comments calling the following action against the law.

Ministry of Finance Spokesman Ajmal Hameed AbdulRahimzai said,” I don’t want to say any words about that but in general the following action is contrary to financial law.”

Economy experts believed that using foreign notes on daily purchasing process will decrease the values of the Afghani currency, based on the reports that in some provinces of Afghanistan foreign currencies Kaldar, Tuman and even US Dollars are being used to purchase goods or to carrying the business.

Reported by Ali Asghari

 

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Afghanistan and Turkmenistan firms sign over 10 contracts on construction, food materials

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(Last Updated On: May 7, 2024)

Afghanistan and Turkmenistan companies have signed more than 10 contracts and two memorandums of understanding on construction materials, including iron bars, paint, marble and food materials.

The contracts were signed during the trip of a Turkmen business delegation to Herat province and in the presence of Nooruddin Azizi, Acting Minister of Industry and Commerce.

“There is excellent opportunity for the expansion of trade and economic relations between Afghanistan and Turkmenistan, which both sides should take full advantage of,” Azizi said at the signing ceremony of these contracts, according to a statement released by the Ministry of Industry and Commerce on Tuesday.

The Ministry of Industry and Commerce pointed out that the contracts were inked as a follow-up to visit of the acting minister to Turkmenistan and meeting with its national leader Gurbanguly Berdi Mohammadov.

Earlier, the delegation from Turkmenistan’s private sector said that their goal is to expand economic relations between the private sectors of the two countries. They said they are hoping to buy hundreds of tons of construction materials from Afghan industrialists every year.

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Turkmenistan’s industrialists keen to buy Herat-made construction material

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(Last Updated On: May 7, 2024)

Union of Turkmen industrialists is interested in a contract with Herat industrialists in the field of construction materials. The economic delegation of Turkmenistan, which has been in Herat for the past three days, has visited various plants including marble and iron and also paint manufacturers.

The delegation, which is from Turkmenistan’s private sector, says that their goal is to expand economic relations between the private sectors of the two countries.

They said they are hoping to buy hundreds of tons of construction materials from Afghan industrialists every year.

Contracts for the sale of marble, paint and iron bars between the two countries are expected to be signed soon.

“During this trip that we were in Herat and the products that we saw in the factories and especially the works that were handicrafts in the field of marble and onyx, these are really amazing, naturally, in the world of industries handicraft is said to be one of the most expensive and popular products, so we were surprised by the products we saw here,” said a member of the delegation from Turkmenistan.

Herat Chamber of Industries and Mines says that there is now the capacity in Herat Industrial City to produce enough goods in various sectors to export abroad. At present, there are about 40 companies operating in the marble processing sector.

An agreement with the Turkmenistan union for construction materials could be a valuable step for Herat business owners.

Some factory owners also believe that the production of construction materials has improved in recent years, and that the capacities in the production and processing of marble and iron bars have also increased.

Herat Chamber of Industries and Mines says that currently more than 800 factories are active in the industrial town of this province.

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Afghanistan’s Turkey-bound goods via rail cross Tehran

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(Last Updated On: May 6, 2024)

Ten wagons of Afghanistan’s goods bound for Turkey have passed through Tehran and are now on the way to the Razi border in northwest Iran, local media reported on Monday.

IRNA news agency, citing the Ministry of Roads and Urban Development of Iran, said that Afghanistan Rail Development Consortium dispatched the consignment without going through legal procedures, including obtaining permits from border guards and customs, as well as without obtaining permission from the Iranian Railway Authority.

It said that Iran allowed the passage of the consignment considering its national interests and with goodwill.

Iranian officials announced that they will allow the next trade consignment from Afghanistan to transit through the country only after the necessary permits from relevant authorities have been obtained.

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