Business
Unemployment Increases among Afghan youths Officials Say
Unemployment has been doubled among Afghan youths comparing to last year.
Youth deputy in Ministry of Information and culture Timorshah Isaaqzai has warned that if the current condition continues, it will cause huge crisis among young generation in the country.”
Afghanistan is a country where most of its citizens are young annually 4000 newly workers enter into the Markets as new working forces where most of them are educated but there is no job.
Youth deputy in Ministry of information and culture Timorshah Isaaqzai said,” unemployment has doubled from 2 million into 4 million persons but the National unity Government has so many programs for decreasing unemployment among young generation in the country.”
Meanwhile Institutions for supporting workers have addressed the main bold factors for increasing such phenomenon are no pre-measurements, Presidential Election, and recent insecurity.
Head of National Union Workers in Afghanistan Marouf Qadiri said,” production firms and factories are being shut day by day and the Government has not even begun implementation of programs to decrease unemployment in the country.”
Ministry of Work and social affairs spokesman Ali Iftekhari said,” Young generation spend huge money to leave the country if that amount of money to be invested within the country it will boost the economy as well as create several jobs opportunities.”
Based on the estimation 36 % of Afghans living in poverty and even lower than that Afghans hoped to see enormous positive changes within their life style after the National unity Government establishment, its seems impossible because the NUG officials have not been capable to form a small cabinet yet.
Reported By Ahmad Farshad Saleh
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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