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150 Afghan Businessmen Ready to Invest in Chabahar Port

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(Last Updated On: October 24, 2022)

7Officials in Ministry of Commerce and Industry have reported that 150 Afghan businessmen are ready to invest in Chabahar port for boosting their business and economy of the country.

They have stated that now no problem is stance against the Afghan businessmen not to invest in the following port, because they are receiving full supports of the Afghan Government.

Chabahar port is counted as one of the vital source of economy for Afghanistan.

Ministry of Commerce and Industry Spokesman Musafir Qoqandi said,” 150 Afghan businessmen are ready to invest in Chabahar port, necessary measurements and facilities have been provided, this will encourage the traders to invest and will also other businessmen to invest their money because the following port is exempted from paying taxation.”

Earlier one of the major problems which had discouraged the Afghan businessmen was having no proper space for the big and beast ships, to anchor.

Chamber of Commerce and Industry Advisor AbdulSalam Kohi said,” 1 out of 3 working phase of for investing in Chabahar port is done, this will provide more space for those ships to anchor within the port, Iran has promised for Afghan businessmen to provide lands, visas and some other necessary measurements which are needed to boost economy.”

Chabahar port was inaugurated by the three Governments of Afghanistan- Iran- India months ago.

Reported by Nabila Hafizi

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

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.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

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.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

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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