Business
EU Funds €2.5M Project to Improve Afghan Agriculture System
The Afghan Ministry of Agriculture, Irrigation and Livestock (MAIL) on Tuesday convened the signing ceremony of the European Union (EU) funded project developed by Food and Agriculture Organization of the United Nations (FAO).
According to a press release by the office of the EU special representative in Afghanistan the object of the project is to strengthen Afghanistan institution’s capacity for the assessment of agriculture production and scenario development.
The project has designed for three years with total budget of €2.5 million to improve monitoring and analysis of agriculture production systems to support agricultural policies and food security in the country, the office of EU delegation to Afghanistan said in a statement on Tuesday.
Assadullah Zamir, minister for MAIL who was speaking at signing event said,” this project aims to develop the monitoring and analyzing system of land resources and also to study the proportionate specifications of land against environmental risks at the local and national levels. This [project] also intends to strengthen Afghanistan’s Institution’s capacity for assessing agriculture production and development”.
“Afghanistan remains one of the most vulnerable countries to climate change and environmental degradation which will have a negative effect on overall agriculture sector. Therefore, it is important to pay attention to these vital linkages between agriculture development, water management, renewable energy and food security,” said Maurizio CIAN Head of Cooperation, the EU delegation to Afghanistan.
“The country has the potential to increase its output of cereals, fruits, nuts and vegetables and to develop supply chains for higher value-added products. However, the development of these supply chains will require investments to develop and imporve practices and extension services and to build downstream agro-processing capacities. In the face of such complexity, the monitoring and analysis of agriculture production systems has become one of the priorities of the Government of the Islamic Republic of Afghanistan,” said Tomio Shichiri, the FAO representative in Afghanistan.
According to the statement, farmers and government officials are the primary beneficiaries of the project.
The project will be jointly implemented by MAIL and FAO with the cooperation and support of all the other stakeholders. EU, MAIL and FAO are the main stakeholders in the project.
Business
Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
Business
Export volume totals over $140 million in last month of 1402
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
Business
Afghanistan-Kazakhstan chamber of commerce opens in Herat
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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