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Afghan, Iran local officials sign trade agreement

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Iranian media reported that two provinces of Afghanistan and Iran on Thursday signed an agreement covering the energy, transportation, customs, production, and investment sectors.

The agreement signed during the fourth meeting of the Joint Economic Committee of Khorasan Razavi Province and Herat Province of Afghanistan said IRNA.

Iranian officials said that four working groups on customs and trade, transportation and transit, energy and fuel, and a production and investment working group held meetings to review issues of priority for the parties which led to the signing of an agreement.

Ali Rasoulian, deputy governor of Khorasan Razavi Province added that both sides agreed to facilitate the exchange of goods in the Dogarun border and ease investment and improve interactions so that healthier and better exchanges could be carried out at a lower cost in the Dogarun border.

Based on the agreements, the working hours of the border crossing will be increased, and a committee will meet on a monthly basis at the Dogarun border to review the existing obstacles and problems, he added.

The two sides also agreed to have financial exchanges with better and easier planning, he said, noting that power transmission lines from Khorasan Razavi to Afghanistan will also increase from 132 KV to 500 KV, which will benefit both parties.

Mouneseh Hassanzadeh, Herat deputy governor-general for social affairs, said that the agreement covering four fields.

Negotiations at the 4th meeting of the Joint Economic Summit of Khorasan Razavi and Herat were aimed at improving bilateral relations, growing economic relations, and creating investment opportunities, she said.

Notable that 4th meeting of the Joint Economic Summit of Khorasan Razavi and Herat was held from January 7-8 in Mashhad.

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Shoemaking industry in Takhar province facing stagnation

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A number of shoemakers in northern Takhar province say that while their handmade shoes are of better quality than imported shoes, but still sales are down.

According to them, there were more than 20 shoe-making shops in the past, but now some have been closed due to the decline in sales.

The shoemakers make most of their shoes from leather. A number of industrialists say that this industry is now facing stagnation.

Abdul Raqib, a shoemaking factor owner, said: “The government should support us. Currently, we import soles. It can be made with good quality in Afghanistan, and we could even compete against Turkish shoes.”

Meraj, another shoemaking factory owner, said: “Shoe sales were higher in the republic era. There were military shoes. Sales have declined now, but we still thank Allah.”

Shoemakers make these shoes with basic tools and by hand, with 5 to 8 people working in each shop.

Javed, a shoemaker, said: “Our sales are not so good. We can make any type of shoe or slipper. We want the government to support us.”

A number of Takhar residents say that domestically produced shoes are of high quality and with lower price compared to imported shoes, so people prefer domestic products to foreign products.

Mir Ata, a resident of Takhar, said: “We are very happy about domestic shoes. People should buy it. They are of good quality.”

However, the officials of Takhar Industry and Commerce Department say that they are committed to support the industrialists.

Abdul Rahman Ghaznawi, provincial director of industry and commerce, said: “People prefer domestic shoes and slippers. Takhar’s products are sold in Kunduz, Baghlan and Badakhshan as well.”

Meanwhile, industrialists say that if the government supports them, they will be able to make the best products and can be more competitive.

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Daily truck clearances at Torkham drop from 400-500 to 5-10

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Pakistan’s Sarhad Chamber of Commerce and Industry (SCCI) has said that daily truck clearances at Torkham crossing have declined from 400-500 to 5-10.

SCCI President Fazal Muqeem Khan said this at the signing ceremony of a memorandum of understanding (MoU) with the Pakistan-Afghanistan Joint Chamber of Commerce and Industry to promote bilateral trade and cooperation.

He said the volume of trade between Pakistan and Afghanistan had fallen from $3 billion to $1 billion annually.

Fazal Muqeem also highlighted the adverse impact of the 2% Infrastructure Development Cess (IDC) imposed by the Khyber-Pakhtunkhwa government on trade and transit.

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Turkish scholars, charity officials assess investment prospects in Afghanistan

Officials pledged to encourage Turkish investors to explore and capitalize on investment opportunities in Afghanistan

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Afghanistan’s Acting Minister of Energy and Water, Mullah Abdul Latif Mansoor, met with a delegation of Turkish scholars and officials from the Adif Charity Foundation on Tuesday to discuss various political, religious, and social issues.

According to the Ministry of Energy and Water, Mullah Mansoor praised Adif’s humanitarian efforts in Afghanistan and highlighted the country’s ample resources for energy production.

He emphasized that Afghanistan currently offers a favorable environment for investment in all sectors, assuring the Turkish delegation of the Islamic Emirate’s commitment to ensuring the safety and security of investors and their assets.

In response, Adif officials pledged to encourage Turkish investors to explore and capitalize on investment opportunities in Afghanistan, signaling a potential boost in economic and developmental cooperation between the two nations.

 

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