Connect with us

Business

Russia to Exchange Oil Instead of Fruits from Afghanistan

Published

on

(Last Updated On: October 25, 2022)

Pic 2

Russia Government has decided to exchange its Oil and Gas instead of Fruits coming from Afghanistan, Afghan officials in chamber of commerce and industry have said,”a Russia delegate who is visiting Afghanistan has demanded this exchange from Afghan Governmental officials.”

Officials in chamber of commerce and industry said by the implementation of such plan from one hand will decrease the price of Oil and Gas and from the other hand it will improving the exporting of the fruits from Afghanistan to Russia and other countries.

Deputy of chamber of commerce and industry Khan Jaan Alkozai has stated that Afghanistan fruits markets closely related to the neighboring countries markets,beside that it will decrease the price of Oil and Gas in the country,he also urged that there will be fresh fruits get rotten, farmers will no more suffer from their fruits stuck in Afghanistan.

Afghanistan Chamber of Commerce and industry Minister’s spokesman Musafer Qoqandi said,” we are optimistic and we deeply welcome such exchanging of goods in between Afghanistan-Russia, we announce to all other countries in the world if any of the countries willing to do exchanging of goods specially on Oil and Gas we will sign the contract.”

Speaking on the issue Afghan economy experts have expressed their optimisms and said,”the exchanging of goods in between Afghanistan-Russia Will decrease Oil Gas Prices and also will make Afghan farmers to be more interested what they do and it will also make grown Afghanistan Agriculture.”

Afghan economy expert Kakojan Naizi has said,” currently we export 5 % but import 95% if this agreement to be signed it will make Russia Investors to come to Afghanistan and invest.”

Officials in Ministry of Commerce and Industry have said Russia is the closest markets for Afghanistan, after the processing of the goods Russia will deliver Oil and Gas to Afghanistan markets through Turkmenistan and Tajikistan countries by Railways.

Reported By: Nimatullah Ahmadi.

 

Advertisement

Business

Afghanistan-Kazakhstan chamber of commerce opens in Herat

Published

on

(Last Updated On: April 15, 2024)

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.

Continue Reading

Business

Afghanistan reaches self-sufficiency in production of 133 items: MoIC

Published

on

(Last Updated On: April 13, 2024)

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.

Continue Reading

Business

DAB declares online currency exchanges illegal

Published

on

(Last Updated On: April 9, 2024)

Da Afghanistan Bank (DAB) announced Monday that online exchanges are banned and legal action will be taken against anyone who violates the order.

DAB said in an announcement that it has not issued any license to any person or company to operate an online exchange, because such activities are illegal.

“Da Afghanistan Bank requests our dear compatriots to refrain from online exchange transactions due to the risks, damages and subsequent consequences of these transactions,” it said.

DAB added that the issue has been shared with intelligence and security institutions and legal action will be taken against violators.

Continue Reading
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2022 Ariana News. All rights reserved!