Business
Afghan air corridor for cargo to resume next week
The Afghanistan Chamber of Commerce and Investment (ACCI) deputy head said Thursday that Afghanistan’s international air corridor for cargo will resume next week.
Mohammad Younis Mohmand told Ariana News the first flight will carry pine nuts.
The ACCI however continues to criticize Pakistan over its treatment of Afghan businessmen and called for issues to be resolved at the Torkham and Spin Boldak land ports.
Mohmand also blasted the United States for holding Afghanistan’s foreign reserves “hostage”.
He said this was a matter of grave concern as it directly affected the country’s economy.
Mostly all economic activity in the country came to a grinding halt almost two months ago when the former government collapsed.
Now however, with a vastly improved security situation, the export of Afghan produce via air corridors will resume, he said.
“Flights are ready, InshAllah (God Willing), maybe in four or five days the first cargo flight abroad will take place,” said Mohmand.
On the issue of treatment of Afghan businessmen by Pakistan, Mohmand called for good relations between both sides.
“Relations are not good. We call for mutual respect in all economic sectors with all our friends and neighbors in order to improve the economic situation,” Mohmand added.
Mohmand meanwhile said the freezing of Afghan assets by the US was an extremely serious situation and that the continuation of this will exacerbate the economic crisis in the country.
“We demand the release of Afghan money. Our banking system is in trouble because of this money and all major projects have stopped,” Mohmand added.
He also called for the banking system to be normalized and said the process of trade and investment was dependent on reliable banking activities.
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.
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.
Da Afghanistan Bank (DAB) announced Monday that online exchanges are banned and legal action will be taken against anyone who violates the order.
DAB said in an announcement that it has not issued any license to any person or company to operate an online exchange, because such activities are illegal.
“Da Afghanistan Bank requests our dear compatriots to refrain from online exchange transactions due to the risks, damages and subsequent consequences of these transactions,” it said.
DAB added that the issue has been shared with intelligence and security institutions and legal action will be taken against violators.
Tahawol: Abdul Kabir’s recent remarks discussed
Saar: Expulsion of Afghan refugees from Pakistan discussed
Media Violation Commission bans two TV channels
Hekmatyar slams US for ‘occupying’ Afghanistan’s airspace
Uzbek and Qatari leaders discuss Trans-Afghan Railway project
ATN secures TV and digital rights to broadcast IPL 2024 in Afghanistan
Blinken meets with Saudi Crown Prince to discuss Gaza
Turkey moves against Meta over Threads-Instagram data sharing
Afghanistan and India play out goalless draw in FIFA World Cup Qualifiers
Dead body of Quran-burner found in Norway
Tahawol: Abdul Kabir’s recent remarks discussed
Saar: Expulsion of Afghan refugees from Pakistan discussed
Tahawol: Concerns over military escalation in region
Saar: Deportation of Afghan refugees from Pakistan discussed
Tahawol: IEA’s reaction to Iran’s attack on Israel discussed
-
Regional4 days agoIndian foreign ministry advises against travel to Iran, Israel
-
Latest News5 days agoAfghanistan withdrawal probe sparks anxiety within Biden administration: US’s McCaul
-
Latest News4 days agoTop former US general claims Daesh-Khorasan is ‘on the upswing’
-
Latest News4 days agoLightning strikes in Helmand kill one, injure three
-
Science & Technology4 days agoChina launch of relay satellite Queqiao-2 for lunar probe mission successful
-
World5 days agoVoters in many countries sceptical of democracy, poll shows
-
Business3 days agoAfghanistan reaches self-sufficiency in production of 133 items: MoIC
-
Health3 days agoMajority of Afghans with mental disorders are women: officials