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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, Uzbekistan sign $400 million trade deals in push to deepen ties

The agreements span multiple sectors, including textiles, raw materials, pharmaceuticals and other key industries.

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Afghanistan and Uzbekistan have signed 20 commercial agreements worth more than $400 million, marking a significant step toward expanding economic cooperation between the two neighboring countries.

The deals were finalized during a high-level business meeting in Uzbekistan’s Fergana Province, where Afghan and Uzbek private sector representatives gathered as part of an official Afghan trade delegation visit.

The agreements span multiple sectors, including textiles, raw materials, pharmaceuticals and other key industries.

The Afghan delegation was led by Zalgai Azimi, deputy for investment at the Afghan Chamber of Commerce, and included senior business figures such as Abdullah Rahimi, Syed Ahmad Noorzad, Ubaidullah Hotak, and Deputy Chief Executive Mirzaman Popal. Participants from both sides highlighted the importance of strengthening cross-border trade and building long-term commercial partnerships.

As part of the visit, Afghan delegates toured major industrial facilities in Fergana Valley to assess Uzbekistan’s manufacturing capacity and explore opportunities for future collaboration.

The agreements come as Afghanistan seeks to boost regional connectivity and revive its economy following years of conflict, isolation and economic disruption.

Trade with Central Asian neighbors—particularly Uzbekistan—has become increasingly important, with both sides investing in transport links, energy cooperation and cross-border markets.

Uzbekistan has positioned itself as a key economic partner for Afghanistan in recent years, supporting infrastructure projects and promoting trade corridors that connect South and Central Asia.

Analysts say deals of this scale could help generate jobs, increase exports and gradually integrate Afghanistan more deeply into regional supply chains.

The latest agreements signal growing momentum in bilateral relations, as both countries look to translate geographic proximity into stronger economic interdependence.

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Afghanistan, Kyrgyzstan aim to boost trade to $1 billion

Both sides welcomed the steady growth in trade between the two countries in recent years and agreed on the strategic goal of increasing bilateral trade to reach $1 billion.

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Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, met with Kairat Tursunkulov, Deputy Foreign Minister of Kyrgyzstan, in Kabul this week to discuss ways to strengthen economic and trade ties between the two countries.

The meeting was also attended by Turdakun Sadykov, Kyrgyzstan’s ambassador to Afghanistan.

Azizi expressed appreciation for Kyrgyzstan’s participation in the recent Afghanistan–Central Asia consultative meeting and underlined the importance of expanding bilateral trade and economic cooperation.

Tursunkulov described Afghanistan and Kyrgyzstan as “brotherly nations” with strong cultural connections. He extended an invitation for Azizi to visit Kyrgyzstan to further enhance collaboration.

Both sides welcomed the steady growth in trade between the two countries in recent years and agreed on the strategic goal of increasing bilateral trade to reach $1 billion.

In addition, Azizi highlighted ongoing construction projects in Kyrgyzstan and suggested that Afghan construction companies and skilled workers could contribute their expertise to support development efforts in the country.

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Kazakhstan eyes rare metals mining projects in Afghanistan and Rwanda

As Kazakhstan looks to expand its global mining footprint, the exploration of rare metals in Afghanistan and Rwanda marks a significant step towards diversifying its mining interests.

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Kazakhstan is actively exploring mining opportunities in Afghanistan and Rwanda, focusing on rare metals, as part of a broader strategy to expand its resource development portfolio. According to a report by Kazinform, Tau-Ken Samruk, Kazakhstan’s national mining company, is conducting laboratory studies on mineral samples obtained from both countries.

The announcement was made by Iran Sharkhan, Kazakhstan’s Vice Minister of Industry and Construction, during the Geoscience & Exploration Central Asia 2026 event. Sharkhan emphasized the substantial resource potential in Afghanistan and Rwanda, noting that current efforts are directed towards evaluating the legal and regulatory frameworks in these countries, as well as verifying the geological prospects before proceeding with potential mining operations.

The laboratory testing, which is taking place at Tau-Ken Samruk’s facilities and additional labs in Kazakhstan’s Karaganda region, involves comprehensive analysis of base metals, rare metals, and rare earth elements from the two countries. These tests will determine the viability of large-scale mining operations in the future.

Sharkhan further indicated that if the laboratory results confirm promising geological findings, more detailed plans for mining projects will be disclosed in the coming months.

The report also highlighted that Kazakhstan’s major mining companies have already invested nearly 150 billion tenge into scientific research in the country’s mining sector, reinforcing the nation’s commitment to advancing its mining industry on both the local and international stages.

As Kazakhstan looks to expand its global mining footprint, the exploration of rare metals in Afghanistan and Rwanda marks a significant step towards diversifying its mining interests.

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