Business
Afghan traders still unable to make foreign payments despite new license
Members of the Afghan private sector said on Monday that investors and traders are still not able to transfer money to other countries, despite the US having issued a new license for commercial transactions last week.
The US Treasury issued a new general license last week allowing international aid organizations and private firms to conduct commercial and financial transactions with Afghan government institutions.
The new license represents a shift in US policy that had impeded ordinary commerce with Afghan government agencies headed by US sanctioned Islamic Emirate of Afghanistan (IEA) and Haqqani Network leaders since they came into power in August, Reuters reported.
The Afghan traders said that they are not able to synchronize Afghanistan’s commercial ties with the markets in the world.
“We still have problems. I bought material worth US$60,000 in the US, but I can’t transfer the money. The US should stop being cruel to Afghans,” said Sherbaz Kaminzada, head of Afghanistan Chamber of Industries and Mines (ACIM).
Afghanistan Chamber of Commerce & Investment (ACCI) officials meanwhile said that Afghan traders are facing enormous problems and that the central bank, Da Afghanistan Bank, needs to find a way to resolve these issues.
“Our expectation from the central banks is to solve the private sector’s problems, in order to prevent a crisis in the market,” said Khan Jan Alokozay, a member of the ACCI.
Da Afghanistan Bank officials said that they have accelerated efforts to solve the problems.
“Efforts underway to solve the problem and provide banking services for the private sector,” said Mohammad Sabir Mohmand, spokesman for Da Afghanistan Bank.
Economic analysts also called on Da Afghanistan Bank to solve the private sectors’ problems.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
Business
Mahirood Customs leads Iran’s exports to Afghanistan
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.
South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.
He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.
Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.
He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.
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