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Afghanistan, Tajikistan sign import power extension agreement 

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Da Afghanistan Breshna Sherkat (DABS) says that Tajikistan’s electricity import agreement for Afghanistan has been extended until the end of 2022. 

DABS said on Monday that the agreement was signed after two-days of negotiations between Hafiz Mohammad Amin, CEO of DABS, and Ismailzada, CEO of Tajikistan Electric Power Company.  

According to DABS, the talks also focused on a wide range of regional and development projects in the energy sector, such as CASA-1,000 and the construction of a new 2 kW Electric Power line. 

The power company added that the discussions will lead to more developments in the near future. 

DABS said that the delegation of the Islamic Emirate assured the Tajik side of joint cooperation and expressed readiness to provide security and other facilities for the resumption of stalled projects. 

Afghanistan currently imports 70 percent of its electricity from Uzbekistan, Turkmenistan, Tajikistan, and Iran, and generates only 3 percent of its electricity from domestic sources.  DABs receives 460 megawatts of electricity from Uzbekistan, of which 300 megawatts is earmarked for Kabul alone. 

Due to problems with imported electricity, only domestic sources are currently used, with a total of 94 MW from Naghlu dam, 22 MW from Surobi dam, 40 MW from Mahipar dam and 50 MW from Tarakhel thermal Power Station.

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Efforts underway to expand Afghanistan’s trade relations with India

A number of investors also suggest that the Islamic Emirate should actively participate in regional and trade fairs to increase exports, so that Afghan products can be marketed in regional and global markets.

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The Ministry of Industry and Commerce says that efforts are underway to expand trade relations with India, the volume of which reaches $650 million annually.

Abdulsalam Jawad Akhundzada, a spokesman for the Ministry of Industry and Commerce, says that India is also interested in expanding trade relations with Afghanistan, and Kabul has also taken steps in this regard by using Chabahar Port, and talks have been held with the Indian side on visas.

The Chamber of Commerce and Investment also says that trade relations between Afghanistan and India are expanding and these relations are strengthening with each passing day. According to officials of the chamber, Afghanistan has exported goods worth $500 million to India in the past year.

A number of investors also suggest that the Islamic Emirate should actively participate in regional and trade fairs to increase exports, so that Afghan products can be marketed in regional and global markets.

According to investors, once the visa issues with India are resolved, a large portion of the country’s fresh and dried fruits will be exported to India because India is a good market for Afghan fruits in the region.

Investors want the Islamic Emirate to pave the way for increased exports to India through Chabahar Port.

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36 mining contracts inked over the past year: Mines ministry

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The Ministry of Mines and Petroleum says it has signed 36 large and small mining contracts, with a total value of $1.3 billion over the past year.

Officials from the ministry stated that these contracts include 10 large mines, 25 small mines, as well as projects related to cement, salt, marble, and a major gas extraction contract with Uzbekistan, all signed with both domestic and foreign companies.

Meanwhile, economic experts have emphasized the importance of increasing investments in the mining sector for the country’s economic growth. They have stressed that priority in mining contracts should be given to domestic companies.

“It is better to prioritize domestic investors over foreign ones,” said Kamaluddin Kakar, an economic expert.

In the meantime, members of the private sector also stated that if both foreign companies and Afghan investors can partner in the mining sector, this will not only foster investment development in the country but also bring positive changes in capacity building within the mining extraction sector.

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Afghanistan ships first consignment to Europe via Khaf-Herat railway

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The press office of the Herat governor has announced the export of Afghanistan’s first shipment via the Khaf-Herat railway to Europe.

According to a statement from the office, the shipment includes 200 tons of dried fruits worth $1.2 million, which were exported to Turkey and Europe through the Khaf-Herat railway in the presence of Islam Jar, the governor of this province, and the Iranian Consul General.

The exported dried fruits in this shipment include pistachios, raisins, almonds, and pine nuts.

The statement added that over the past three months, more than 35,000 tons of goods have been transferred via the Khaf-Herat railway.

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