Business
Afghan growers seek larger market for profitable pine nuts
The pine nut growers in Afghanistan are hoping to further expand overseas market and earn a fair income in a bumper harvest, trying to shake off the negative impacts brought by COVID-19 and domestic turmoil.
Afghanistan is having a bumper harvest of pine nuts, with its output reaching 17,000 tons this year.
Harvesting and processing pine nuts has been a family business in every harvest season as a very important source of income. From pine cones to the ready-for-sale products, the fat-rich nuts need to go through multiple procedures.
The best pine nuts in the country gathered in the pine nut wholesale market in Kabul. The merchants and workers are busy cleaning, sorting and packaging them.
Pine nut trees grow in eight eastern provinces of Afghanistan, including Khost, Paktia, Paktika, Kapisa, Kunar, Nangarhar, Nuristan and Laghman.
The country's northeastern mountains, where the average altitude is higher than 1,000 meters with lots of snow and sunlight, provide sound environment for pine trees with pine nuts of outstanding quality.
"Paktia people’s life depends on pine nuts because they don' have land. The Urgun region in Paktia and the Khost Province are basically mountains, and locals harvest pine nuts from there," said Abdul Wali, a pine nut trader.
"Pine nut is good for human body. That's why we like to have it," said Ahmad Jaweed, a customer.
Despite the good harvest, the pine nuts can hardly reach its essential overseas market due to the impact of COVID-19 and complicated domestic situation.
"The price is better than before. In the past, one kilo of pine nuts was 2,800 afghani to 3,000 afghani (about 30-32 U.S. dollars). But now it's 1,700 A to 1,800 afghani (18.5-19.6 U.S dollars) because exporting them to other countries became difficult," Jaweed said.
People in China helped out as a close neighbor earlier this month. During a live-streaming promotion event of the China International Import Expo (CIIE) on Nov 6, the influencers from China Media Group (CMG) and e-commerce companies sold 120,000 cans of pine nuts in minutes.
The Afghanistan Pine Nuts Production Union wrote a thanks letter to CMG. The pine nuts traders said that this business can not only bring in foreign exchanges to Afghanistan, but also provide large amounts of job opportunities.
"If we do pine nut business with China, I can tell you that around 50,000 people will have jobs in this field," Wali said.
"From the economic point of view, it’s very beneficial for us," Jaweed said.
Business
Iran’s non-oil exports to Afghanistan rise by 31% this solar year
Iran’s imports from Afghanistan also rose sharply, totalling over $33 million, a 192% increase in this period
Iran's non-oil exports to Afghanistan surged by 31% in the first half of this solar year (April to September 2024), totalling over $1.77 billion.
According to Iran’s trade association in Afghanistan, both the value and volume of non-oil exports to Afghanistan saw substantial growth.
Statistics provided by the association indicate that nearly 560,000 tons of Iranian goods, including iron, steel, cement, eggs, and potatoes, were exported to Afghanistan during this period.
Iran’s imports from Afghanistan also rose sharply, totalling over $33 million, a 192% increase in this period.
The primary exports to Iran included barley, corn, peanuts, and chilies.
Business
Private sectors of Afghanistan, Kazakhstan sign contracts worth $100 million
Private sectors of Afghanistan and Kazakhstan have signed contracts worth $100 million during the visit of an Afghan delegation to Almaty recently, the Islamic Emirate of Afghanistan (IEA) announced on Thursday.
The agreements include the export of more than 2,000 tons of dried fruit, the export of fresh fruit, including pomegranates, and the export of cotton, Zabihullah Mujahid, a spokesman for the Islamic Emirate, said on X.
Mujahid said that the Islamic Emirate delegation during its recent visit to Kazakhstan signed a "road map of cooperation between Afghanistan and Kazakhstan in the fields of trade, industry, mining, energy, logistics, agriculture, telecommunications, health, higher education and humanitarian aid.”
He said Kazakhstan also assured that it would provide more facilities for the transit of Afghan goods to China and other countries through Kazakhstan.
The allocation of an area "as a logistics center for Afghan goods" in the port of Khargos was also part of the agreement between the two sides to facilitate the unloading and loading of Afghan traders' goods.
The spokesman of the Islamic Emirate also said that Kazakhstan will participate in the construction of the Torghundi-Herat, Kandahar-Spin Boldak and Mazar-e-Sharif-Kharlachi railway projects.
Mujahid added that Kazakhstan will also participate in the establishment of a trade and transit center in Herat province, which will be used to store and finance trade and transit goods. Meanwhile, Kazakhstan has agreed to establish permanent expo centers for the sale of Afghan goods in various cities of Kazakhstan.
It is worth mentioning that the delegation of the Islamic Emirate led by Nooruddin Azizi, Acting Minister of Industry and Commerce, participated in the three-day exhibition of Afghanistan's domestic products, which was launched on October 21 in Almaty.
The Ministry of Industry and Commerce recently announced that 23 tons of pomegranates from Kandahar province were exported to Almaty through the port of Torghundi.
Business
China resumes direct rail trade with Afghanistan
China resumed its direct freight rail services to Afghanistan on Thursday when a train loaded with goods left Nantong city in Jiangsu province.
The train, carrying commercial goods in 55 wagons, is heading for the northern Hairatan border in Balkh province, Yue Xiaoyong, China’s Ministry of Foreign Affairs' Special Representative for Afghanistan, said in a post on X.
Nantong is a central hub of the Belt and Road Initiative and is located north of Shanghai.
The resumption of the rail line was marked at a formal ceremony on Thursday with Yue and Bilal Karimi, the Afghan Ambassador to China, in attendance.
This comes after China recently announced plans to lift customs tariffs on Afghan exports to China by the end of this year, further strengthening trade ties between the two nations.
-
Business5 days ago
Private sectors of Afghanistan, Kazakhstan sign contracts worth $100 million
-
Sport5 days ago
Rashid Khan retained by Gujrat Titans ahead of IPL 2025 auction
-
Latest News4 days ago
DAB plans to set up electronic payments in Afghanistan
-
Regional5 days ago
Iran preparing strike on Israel from Iraqi territory within days, Axios reports
-
Regional5 days ago
Seven killed, dozens injured in blast in Pakistan’s Balochistan province
-
Sport3 days ago
Afghanistan to tour Zimbabwe for all-format series
-
Latest News4 days ago
Uzbekistan, EU envoys meet to discuss Afghanistan
-
Latest News4 days ago
UN expert calls for comprehensive, rights-focused action plan for Afghanistan