Business
India’s First Wheat Cargo Arrives in Kabul
The first 2,400 tons of Indian wheat shipment via Chabahar port arrived today in Kabul.
The Minister of Agriculture and Irrigation, Nasir Ahmad Durrani said, “Of the 110,000 tons of wheat India is supposed to help Afghanistan, 60,000 tons of it has already arrived in Chabahar.”
Afghan officials noted that more than 17 thousand tons of wheat have been transferred to Ghazni, Nangarhar, Herat, Laghman, Kandahar and Helmand provinces.
“About 23,575 metric tons, including 1,800 containers, have reached the port of Nimroz and have been stored in strategic storage facilities,” Minister Durani added.
According to Durani, the auxiliary wheat crops, which are stored in the strategic reserves of the Afghan provinces, will be used to address the victims of war, natural disasters and balance the grain crop rates in the country.
He emphasized that the Ministry of Agriculture, Irrigation and Livestock plans to develop the country for self-sustaining grain production in the next seven years.
The Chabahar transit route is intended to improve landlocked Afghanistan’s trade connectivity with India and other countries in South and Southeast Asia. It will also help India to access the markets of Central Asia and Europe through Afghanistan, bypassing Pakistan.
As per the trilateral transport and transit deal, Indian exporters will be allowed to utilize Chabahar Port and access markets in Afghanistan through Zahedan.
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.
Business
Afghanistan reaches self-sufficiency in production of 133 items: MoIC
The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.
The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.
The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.
“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.
Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.
The chamber officials stressed expanding the culture of using domestic products in government projects.
“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.
Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.
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