Connect with us

Business

Afghan-China Transit Trade embarks through Gwadar Seaport

Ariana News

Published

 on

(Last Updated On: January 16, 2020)

Transit trade between China and Afghanistan has begun with the inauguration of Gwadar Seaport on the southern coasts of Karachi, Pakistan, and with the arrival of the first transit trade ship from China.

The Embassy Pakistan in Kabul says that the commercial goods will be transited from the Gwadar Seaport to Chaman port in Kandahar, with a distance of 1,000 km.

Based on the Pakistani embassy’s statement, this would be the shortest distance in the region for the Afghan Transit goods from any seaport to the Afghan Cities including Kabul and Kandahar.

The Pakistani Embassy said that the functioning of Gwadar Seaport would cut down the costs of import to Afghanistan.

On the other hand, the Chinese Embassy in Kabul said in a tweet that the Transit Trade between China and Afghanistan has started with the arrival of a trade ship from China to Gwadar Seaport.

Gwadar Seaport has been built on the southern coasts of Karachi, Pakistan, situated close to the southern provinces of Afghanistan.

Business

Gov’t approves four wind and solar power projects

Ariana News

Published

on

(Last Updated On: September 22, 2020)

The Afghan High Economic Council has approved four wind and solar power projects in Herat, Kabul and Balkh provinces.

Laima Khurram, director of public-private partnership policy at the Ministry of Finance, said the projects would cost an estimated $160 million.

“One of the wind power projects is in Herat with a capacity of 25 megawatts, another 40-megawatt solar power project is in Mazar, another 25-megawatt solar power plant is in Herat,” she said.

The projects are part of a public-private partnership between the government and the private sector.

This comes after last month’s agreement between the Afghan government and an Emirati company to generate 3,000 megawatts of solar power in Afghanistan. 

Afghanistan currently needs 2,000 megawatts of electricity to light homes and power the economy. However, it relies heavily on imported power from neighboring countries.

Continue Reading

Business

Atmar addresses concerns of Afghans in Tajikistan

Ariana News

Published

on

(Last Updated On: September 19, 2020)

On a two-day official visit to Dushanbe, Tajikistan, acting foreign affairs minister Haneef Atmar met with a number of Afghan refugees, students and business owners at the Afghan Embassy on Friday evening where he discussed challenges they are facing. 

In a statement issued by foreign affairs on Saturday, the ministry said Atmar assured students and business owners that problems they have been dealing with – specifically due to COVID-19 – would be addressed as soon as possible. 

Easy border crossings for bilateral trade was also addressed and the embassy was instructed to assist refugees with problems they are facing, the statement read. 

Addressing Afghan students that attended the meeting, Atmar said it was important for them to return to their home country once they had completed their studies so as to help with the development of Afghanistan.

Continue Reading

Business

Pakistan to set up markets along Afghanistan-Pakistan border

Ariana News

Published

on

(Last Updated On: September 18, 2020)

Pakistan has decided to establish 18 markets along the Pakistan-Iran and Pakistan-Afghanistan borders, Pakistan government said.

Pakistan’s government would establish the markets aimed at boosting trade with the two countries and preventing the menace of smuggling.

The decision was made during a high-level meeting chaired by Pakistani Prime Minister Imran Khan on Thursday, Khan’s office said in a statement.

“The meeting was told that twelve border markets will be established on the Pak-Afghan border while six border markets will be established on the Pak-Iran border,” the statement read.

“The Prime Minister has approved the establishment of two border market in Balochistan Province and one border market in Khyber Pakhtunkhwa as a pilot project which will be completed and activated by February.”

Imran Khan’s Office noted that the decision to take more effective measures regarding the prevention of smuggling through borders

Talking about the establishment of border markets, the Prime Minister said that the establishment of markets where the population on border areas, especially youth, will get better business and trade opportunities, will come after fencing on the borders, the statement added.

Continue Reading

Trending