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Uzbek-Afghan Officials Sign Contract, 3 MoUs to Boost Economy

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(Last Updated On: October 24, 2022)

1Uzbekistan officials on Monday have signed 3 memorandums of Understanding and one contract on selling of wheat, energy, and cooperation on refinery of oil, railway, Agriculture and gas with Afghan official in Kabul.

The Afghanistan President Special envoy in central Asia Affairs Shakar Kargar said, “Uzbekistan is ready to have multiple economic ties with Afghan Government, and soon one Afghan delegation will visit Uzbekistan, to sign several other contracts on boosting economy at the end of November 2016.”

The chairman of Uzbekistan National exporting department Erkin Yunisov said, “We should use the existed business opportunity for boosting of businesses, insisting that both countries should have chamber of commerce and industries in each other territory.”

Meanwhile officials in Afghanistan chamber of commerce and industry foresaid that if the business contracts to be signed, the level of mutual business between the two countries will increase up to $ 1 billion.

Chairman of chamber of commerce and industry Atiqullah Nasrat said, “In current condition Afghanistan and Uzbekistan are dealing on $ 350 million, insisting that it needs to be raised up to $ 1 billion by using the existed golden opportunities.”

Week ago, officials from Turkmenistan and Afghanistan witnessed the first phase of construction of railway from Aqina-Ankhoi district of Jawzjan province lengthened 58 kilo meter and funded by the Turkmenistan and Asian Development Bank.

Reported by: Aslam Hejaab

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Acting commerce minister heads to Russia to attend Kazan Forum

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(Last Updated On: May 14, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, headed to Russia to participate in an international economic meeting in Kazan, Tatarstan.

The aim of the Russia-Islamic World: KazanForum 2024, the 15th edition of the forum, is to offer a platform for leading international economic and financial specialists from the Islamic world to strengthen ties between the countries of the Organization of Islamic Cooperation (OIC) and the regions of the Russian Federation in the economic, educational, social and cultural spheres, Anadolu Agency reported.

The Ministry of Industry and Commerce said that Azizi, leading a high-level delegation of the Islamic Emriate, traveled to Tatarstan at the invitation of Tatarstan President Rustam Minnikhanov.

The forum is held between May 14 and 19.

The forum also aims to promote the development of Islamic financial institutions in Russia and worldwide, with a focus on joint international projects and programs, according to Anadolu Agency.

More than 80 nations are expected to participate in the event, including representatives of the United Arab Emirates, Bahrain, Malaysia, Türkiye, Iran, Libya, and other OIC member states.

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Afghanistan can become important industrial center in region: Hanafi

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(Last Updated On: May 13, 2024)

Deputy Prime Minister for Administrative Affairs Abdul Salam Hanafi says Afghanistan has the potential to become one of the most important industrial centers in the region.

Speaking at the opening ceremony of the national and international expo on the occasion of Industry Week, Hanafi said that the growth of industry lays the foundation for the growth of other economic sectors and that the Islamic Emirate fully supports domestic production in the country.

“Afghanistan has important and rich factors for industrial production, which can become one of the important industrial centers in the region. The growth of industry will be the basis for the growth of other economic sectors, especially agriculture,” said Hanafi.

Acting Minister of Industry and Commerce, Nooruddin Azizi, added that the IEA has programs in the fields of industry development and support for the private sector that will make Afghanistan self-sufficient.

Azizi stated that Afghanistan’s industrial sector is currently progressing and the quality of export goods has also improved.

Some investors said at the ceremony that after the return of the IEA, the country’s exports have increased and the number of manufacturing companies has also increased.

This expo is open to visitors for seven days, and industrial products are showcased in 450 booths.
Women in business also attended the meeting.

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Afghanistan, Pakistan agree on new travel mechanism for truckers

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(Last Updated On: May 12, 2024)

Afghanistan and Pakistan have agreed on the issuance of a temporary admission document for transporters of commercial goods, Afghanistan’s Ministry of Transport and Aviation announced on Sunday.

The ministry said in an announcement that truck drivers and their assistants carrying commercial goods from Afghanistan and Pakistan must have this document with them at the crossings.

Based on the announcement, the document will be issued to Afghans at the Pakistani embassy in Kabul and its consulate in Kandahar.

For Pakistanis, the document is distributed at the office of the Afghanistan transport attaché in Peshawar and Quetta.

The Ministry of Transportation and Aviation asked owners and drivers of trucks to submit the required documents to their respective transportation companies by June 1.

The ministry warned that after June 1, trucks cannot travel between the two countries without having the temporary admission document.

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