Business
Afghan carpet industry struggling amid ongoing trade crisis
Afghan carpet sellers said on Saturday that their sales have declined and that it has become difficult to export to international markets.
They said that with international relations, including trade, at a standstill and uncertainties in transport, business, and sales have been hit hard as their primary market is foreign buyers.
Shafiqullah Mohammadi, a carpet shop employee stated: “Our international trade relations are suspended and we have suffered a lot because of this.”
“We used to send our carpets to Asian and European countries, but now we cannot,” he added.
“We still have products, but our sales are very low. We used to sell three or four carpets a day, but now we sell that number a week. Yes, we accept that we are safe and away from suicide attacks, but our request to the Islamic Emirate is not to underestimate carpets, because carpets are Afghanistan’s industry and identity,” said carpet shop employee Mohibullah Kohi.
Billions of dollars in international aid have also dried up since the Islamic Emirate of Afghanistan (IEA) took Kabul on August 15. Billions more in foreign currency reserves are locked up in vaults in the West.
Business
Afghanistan, Iran sign 23-point MoU to expand border trade
Business
Afghanistan and Shanghai Chambers sign trade and investment cooperation agreement
The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.
The Afghanistan Chamber of Commerce and Investment (ACCI) has announced that a high-level delegation led by Sayed Karim Hashimi held talks with the Shanghai Chamber of Commerce and Industry and Chinese investors in Shanghai.
During the meeting, Hashimi described Shanghai as one of the world’s leading economic and investment hubs, emphasizing Afghanistan’s strategic location in the heart of Asia as a key bridge between Central and East Asia.
He highlighted China’s Belt and Road Initiative as a major opportunity for regional economic cooperation and reaffirmed Afghanistan’s readiness to actively participate in the framework.
Hashimi also said Afghanistan’s private sector is prepared to expand cooperation with Chinese investors in mining, agriculture, industry, transit, logistics, technology, manufacturing, carpets, precious stones, medical products, and banking sectors.
The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.
At the end of the meeting, a cooperation agreement on trade and investment was officially signed between the two chambers.
The delegation also included senior members of provincial chambers and leading Afghan business figures.
Business
CASA-1000 power project on track to launch in 2027
Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.
The long-delayed CASA-1000 energy project is expected to begin commercial operations in summer 2027, with construction in Afghanistan due for completion earlier that year, officials said.
Progress on the power project was reviewed during meetings in Dushanbe between April 18 and 20, involving Tajik authorities, Afghanistan’s state power utility Da Afghanistan Breshna Sherkat, the World Bank, and engineering firm KAMANI Engineering Corporation.
Tajik Energy Minister Daler Juma said the project is key to boosting regional cooperation and enabling the export of surplus hydropower from Central Asia to energy-deficient markets in South Asia.
Construction has already been completed in Kyrgyzstan, Tajikistan and Pakistan, while work continues in Afghanistan. According to officials, the Afghan segment is on track to be finalized by spring 2027, paving the way for full project operations later that summer.
Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.
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