Business
Afghan, Turkmen and Turkish officials meet over key TAP-500 power project
Discussions focused on developing a joint roadmap and action plan for the project
In line with the Islamic Emirate of Afghanistan’s (IEA) aim to implement major projects that have been on the cards for years, the ministry of foreign affairs this week hosted a meeting between Afghan officials, representatives of Da Afghanistan Breshna Sherkat (DABS), Turkmenistan and Turkey’s Çalık Holding Group.
The meeting aimed to initiate the implementation of the TAP-500 electricity transmission project.
Discussions focused on developing a joint roadmap and action plan for the project.
The meeting was attended by an Afghan delegation including officials from the Ministry of Water and Energy and the national electricity company, DABS; officials from Turkmenistan’s Ministry of Energy and representatives from Çalık Holding Group.
The TAP-500 project is designed to transmit high-voltage electricity from Turkmenistan to Afghanistan’s provinces of Herat, Farah, Helmand, and Kandahar.
If all domestic needs are met, then the electricity will be further exported to Pakistan, generating annual transit revenue for Afghanistan.
facilitate the implementation of the project, the Afghan side announced the establishment of a joint secretariat to coordinate efforts among various ministries and expedite the project’s execution.
The Representatives from Turkmenistan’s Ministry of Energy and Turkey’s Çalık Holding Group expressed satisfaction with the security and with the environment of cooperation on the part of Afghan officials.
All sides agreed to form technical committees and hold regular meetings to finalize agreements and implementation plans for the TAP-500 project.
Based on its economic-centric policy, Afghanistan reaffirmed its commitment to regional connectivity by highlighting progress on the CASA-1000 electricity transmission and TAPI gas pipeline projects.
After years of delays, the TAP-500 project is now set to commence, marking a significant step forward for Afghanistan’s energy sector and regional integration.
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
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