Business

4rd Joint Afghanistan- Iran Exhibition Held in Kabul

Published

8 years ago

September 6, 2016

(Last Updated On: October 24, 2022)

The 4rd joint Afghanistan-Iran exhibition was held in Kabul where dozens industrial factories from both countries have exhibited their products, Minister of Economy who has inaugurated the ceremony stated that more efforts should be launched for growing mutual ties between Iran and Afghanistan.

Meanwhile Iran Ambassador to Afghanistan has declared that holding of exhibitions will strengthen the business ties between the two countries.

Minister of Economy Abdul Satar Murad said,” We need to think about our future, now Iran has taken the Pakistan’s position in providing products in Afghanistan, the business ties between the two countries reaches up to $1,8 billion dollar annually, therefore we do need the Iran cooperation to grow the mutual business.”

The Iran President Advisor on Economy affairs declared Afghanistan is best platform for investing and launching business, demanding businessmen from both countries to work together.

“ Most of the Afghan workers are busy working in Iran factories, Afghanistan has got enormous water sources, therefore Afghanistan should be a good producer in the region, Afghans should working in industrial and investing sectors rather than doing business Iran President advisor on Economy affairs Akhtar Tarkan said,”

Iran Ambassador to Afghanistan Mohammad Reza Bahrami said,” Exhibitions can grow the business ties among the two countries, Opening of Chabahar and establishing of joint Railway indicates the growing of business between Afghanistan- Iran.”

Meanwhile Afghan businessmen demanding Iran to provide more facilities while doing business.

Deputy of the Chamber of Commerce and Industry Mohammad Unus Mohmand said,” We demanded the Iran President advisor on economy affairs remove some of the sanctions on Afghan products.”

“ I m so keen to see the Afghanistan holding such exhibition for its own products economy expert Azarakhsh Hafizi said,”

The following exhibition will last for three days.

Reported by Aslam Hejaab

Business

Export volume totals over $140 million in last month of 1402

Published

17 hours ago

April 17, 2024

Ariana News

(Last Updated On: April 17, 2024)

The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.

This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.

Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.

Business

Afghanistan-Kazakhstan chamber of commerce opens in Herat

Published

3 days ago

April 15, 2024

Ariana News

(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.

Business

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

Published

5 days ago

April 13, 2024

Ariana News

(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.