Business
Afghanistan Speaks of Slowness for TAPI Project’s Implementation
Officials in the Ministry of Mines and Petroleum (MoMP) have expressed concerns over slow work on transmission of gas through TAPI pipeline project, saying few efforts made by the Turkmenistan officials in their territory to transmit the gas.
Project Management Office (PMO) Director at Ministry of Mines and Petroleum Zabiullah Sarwari said, “Gas transmission will start when there is pipeline, pipeline will be extended when there is place paved and ready a special area and mine has been specialized to TAPI project which it needs to be expanded.”
Members at the lower house of the parliament have declared TAPI project important and will improve the economy of Afghanistan.
Lawmaker Mohammad Hashim Farabi said, “TAPI is a National and regional project the following project measurements should practically be launched.”
“This is an important and National project, the officials must lanunch necessary measurements to take the practical steps.” MP Safiullah Muslim said.
TAPI project has about 2000 kilo meter length where the pipeline should lay in 700 kilo meter passing Herat, Farah and Kandahar provinces of Afghanistan.
The Turkmenistan Afghanistan Pakistan India Pipeline (TAPI), also known as Trans-Afghanistan Pipeline, is a natural gas pipeline being developed by the Asian Development Bank.
The pipeline will transport Caspian Sea natural gas from Turkmenistan through Afghanistan into Pakistan and then to India, construction on the project started in Turkmenistan on 13 December 2015.
Reported by: Lida Naizi
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.
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.
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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