Connect with us

Business

Afghanistan’s mines in critical condition:IWA

Published

on

(Last Updated On: October 25, 2022)

vlcsnap-2016-01-16-20h18m46s242

Officials in integrity watch Afghanistan IWA have expressed their concerns over the critical condition of mines in Afghanistan comparing to past one decade.

They have also urged that USA has invested about half million dollar which paved the way for some of the parliament members, high profile Governmental figures and Taliban to use the opportunity and being benefited.

The following institution demanded US Government to invest on building capacity of the Ministry of mines and petroleum.

Eerlier SIGAR in a report has confirmed that huge amount of corruption existed in Ministry of mines and petroleum on building capacity section,due to poor management on the aspect has caused Afghanistan to lose huge amount of its wealth and to go to Taliban’s pockets, officials in IWA has also declared that undetermined investments of USA on Afghanistan’s mine has caused that 488 $ to be wasted.

Head of IWA sayed Akram Afzali said,”it was necessary to focus on stabilization of mines sectors, but officials have paid more attention on incomes of the mines, this ends up that a number of projects money goes to some people’s pockets.”

Money has been wasted on Afghanistan’s mines, and planning wasn’t on the right stage and USA has failed to launch a good planning period.”

Meanwhile Ministry of mines and petroleum spokesman Mahudding Noori has confirmed that there are some challenges existed on excavation of mines, and review process has began to see what SIGAR report really indicates.

Time is needed to review SIGAR report indicating problems in Afghanistan’s mines Mr. Noori said.

Afghanistan owns huge sources of mines which its values reaches to trillion $,Afghan Government has repeated insisted that legal and right excavation of mines will cause Afghanistan to be self sufficient.

Reported by Fawad Nasiri

Advertisement

Business

Azizi calls on Malaysian investors to invest in Afghanistan

Published

on

(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.

Continue Reading

Business

Afghanistan starts exporting via railway to Turkey

Published

on

(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.

Continue Reading

Business

Afghanistan, Kazakhstan to hold joint expo in Kabul

Published

on

(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.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!