Business
Power Shortages Serious Challenge for Economy Growth: Murad
Minister of Economy Abdul Satar Murad has stated that in order to overcome the power shortages there are some approaches underway to fill the following gap.
Officials in Power department mentioned that the problem will stay the same if there is no effort to be enforced to use the internal sources for producing of power in the country.
Beside other sustainable challenges electricity has been one of the main challenges for Afghanistan economy.
Minister of Economy Abdul Satar Murad said,” there is serious challenges which doesn’t let our internal production to increased is the shortage of electricity in Afghanistan which we have prioritized it as one of our activities to resolve this issue.”
Deputy Minister of Water and Power Ghulam Farooq Qazizada said,” based on the economy perspectives all the activities closely related to electricity, efforts are underway to provide sufficient power for the internal producers to boost the economy of the country.”
Head of the power AbdulRazaq Samadi said,” we currently provide electricity for the factories, and in order to increase the productions we need to have new water dams established to provide sufficient electricity.”
Afghanistan is full of underground water, having no clear policies to restrain water and use it in the way to change Afghanistan into a green zone.
The following efforts come after that Iran, Tajikistan, Uzbekistan, Turkmenistan, Pakistan are using Afghanistan’s waters free of charge.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
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.
Business
Afghanistan starts exporting via railway to Turkey
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.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
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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