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Afghanistan and Turkmenistan to sign marble export agreement

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(Last Updated On: June 6, 2021)

Minister of Foreign Affairs Mohammad Haneef Atmar and Foreign Minister of Turkmenistan Rashid Meredov, have discussed Afghanistan exporting marble to Turkmenistan.

In a statement issued by the Afghan foreign ministry, MoFA said the Afghan delegation provided comprehensive information to their Turkmen counterparts on the various natural resources and rare stones available in Afghanistan.

The Afghan delegation said the export of the resources would be significant in strengthening and expanding trade between Kabul and Ashgabat.

Highlighting development taking place and the construction around building new cities in Turkmenistan, the Turkmen delegation discussed their requirement for marble and expressed Turkmenistan’s full readiness to procure marble from Afghanistan.

The two sides agreed to sign an agreement on Afghanistan’s marble export to Turkmenistan.

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Parliament ratifies Iran, Afghanistan rail cooperation agreement

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(Last Updated On: May 31, 2021)

Iran’s Parliament on Monday passed Iran-Afghanistan Rail Cooperation Agreement that allows rail connection between the neighboring countries.

Iran and Afghanistan agreed to make direct connection through railroad to transfer passengers and goods.

According to the agreement, the two sides have agreed to provide rail vehicles and services and implement sanitary supervision in accordance with international rules, while domestic rules are valid where an issue occurs outside of international conventions.

The agreement also states that the two sides must treat passengers and goods from the other side the way they treat their own. This applies to free access to destination points, providing space for cargos in terminals, unloading and uploading of cargos, onboarding and offboarding passengers, and using international railroad services.

Islamic Republic of Iran Railways and Afghanistan Railway Authority have been chosen in the agreement as qualified authorities to supervise implementing the agreement and to solve disagreements.

Iran and Afghanistan linked their railway through Iran’s Khaf and Afghanistan’s Herat.

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Chinese consortium meets with Ghani over $400 million power project

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(Last Updated On: May 30, 2021)

A group of Chinese investors met with President Ashraf Ghani on Saturday to discuss the possibility of establishing a coal-fired power plant in the country.

The Presidential Palace (ARG) said in a statement the group plans to invest $400 million in the energy-generating project.

The plan is for the coal power plant to generate 300 megawatts of electricity.

“In the meeting, President Ghani articulated potentials of natural resources as well as investment opportunities in the energy sector in Afghanistan,” the statement read.

The statement noted that Ghani has instructed the Afghanistan Investment Facilitation Unit to assess the plan “in coordination with Da Afghanistan Breshna Sherkat to facilitate investment opportunities for the group and to share the outcome with the Office of the President.”

Energy in Afghanistan is provided by hydropower followed by fossil fuel and solar power.

According to Da Afghanistan Breshna Sherkat (DABS), approximately 35% of Afghanistan’s population has access to electricity.

Currently, Afghanistan generates about 600 megawatts (MW) of electricity from several hydroelectric plants as well as using fossil fuel and solar panels.

However, more than 670 MW more is imported from neighboring Iran, Uzbekistan, Tajikistan and Turkmenistan.

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Uzbekistan, Afghanistan to sign trade agreement this year

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(Last Updated On: May 27, 2021)

Uzbekistan and Afghanistan will sign an agreement on preferential trade by the end of the year to substantially increase trade turnover in the coming years, the Uzbek Ministry of Investments and Foreign Trade said Wednesday, Xinhua News reported.

This agreement is expected to help Afghanistan and Uzbekistan increase trade turnover between the two countries from the current $800 million to $2 billion annually, ministry officials said.

According to Xinhua, this was agreed to during talks between Uzbek Deputy Prime Minister Sardor Umurzakov and head of the Afghan Presidential Administration Mohammad Shakir Kargar in Termez city in Uzbekistan.

Xinhua reported that Uzbekistan also said it welcomes Afghan entrepreneurs to do business in the free trade zone known as “Termez International Trade Center” which is located on the border with Afghanistan.

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