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1-Day Workshop Held for Youths to Access Financial Resources

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(Last Updated On: October 24, 2022)

1One day training of Micro-finance workshop was held in Kabul to enable Afghan youths to access financial sources for boosting economy in Afghanistan, officials at Afghanistan Micro-finance Association claimed that 90 billion Afghani has been given as loans to youths in 19 provinces of the country.

Chairman of the Afghanistan Micro-finance Association Najeebullah Samim said, “Our object is to prevent young Afghan people from going to abroad and also to grow variety of businesses, the loans will be given to those who have economy plans for helping themselves and others in Afghanistan.”

Meanwhile Acting Minister of culture and information Kamal Sadaat ensured that Government will support Afghan youths for growing the economy.

He said, “We have spoken with the internal- International institutions about economy supports of young Afghans and their plans for growing economy in the country.”

One of the participants at the workshop Hameed Salangi said, “Young Afghans due to no financial supports are facing severe problems, if financial supports are provided we will launch our efforts to grow economy inside the country.”

“We are facing financial issues, there several economy plans to boost economy in the country,” the other participant in the workshop Nargis Mosavi said.

Increasing of unemployment in Afghanistan for the past two years has been one of the major problems of young Afghans where thousands of the Afghans have left the country to abroad to access financial support and jobs opportunities.

Reported by: Aslam Hejaab

 

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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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