Business
Huge Loss to occur if India hands off Hajigag Mine Excavation
Officials in Ministry of commerce and industry of Afghanistan have expressed their deep concerns over India not excavating of Hajigag mine, saying by beginning of the excavation hundreds of Afghanistan will find jobs the economy of the country will boost, if the following indeed has been cancelled by the Indian Governmental officials we will face huge loss on mining section.
Ministry of commerce and industry spokesperson Musafir Qoqandi said,” if this is a true I m so worried about it because the following project has been counted as one of the vital projects of India within the country, excavation of the Hajigag mine would boost the economy as well as create hundreds jobs opportunities for Afghans.”
The cancelation of the Hajigag mine excavation is believed to be carried out due to signing of the Memorandum of Understanding over security and intelligence information in between NDS Kabul and ISI Pakistan.
India has been counted as the biggest supporters of Afghanistan after the United States of America in building Afghanistan; the following country has supported Afghanistan billions of dollars in the past several years.
India media has published reports indicating that India has taken this action after Kabul and Islamabad has signed a MoU on sharing intelligence, though it has not been officially claimed by the Indian Government, but Kabul experts on economy affairs said,” this would a big pound on Afghanistan’s economy, business.”
Former Economy Minister Mohammad Amin Farhang said,” beside of the project it will have some more Complementarities aside of it, the following project would cover biggest investments of India into Afghanistan, there is big concern ahead us is that India to stop all its economic and trading projects in Afghanistan.”
Meanwhile MoI spokesperson Sediq Sediqee said,” we have no security issues within our mining projects across the country,we have special security forces to ensure security for National and International excavators to do mining in Afghanistan,earlier its was said that India trying to stop its project on Hajigag mining due to insecurity a claim which was rejected by the MoI officials.”
Though Afghan officials do not think the Memorandum of Understanding on security issues with Pakistan has not been finalized, there are rumors more interest underway to sign the following MoU with Pakistan ,let’s see how Afghanistan keep its Foreign Police balance towards each neighboring countries.
Reported By Farahnaz Frotan
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.
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.
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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