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Afghanistan gains World Trade Organization membership

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(Last Updated On: October 24, 2022)

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Officials in Ministry of Chamber of Commerce and Industry have announced that Afghanistan has gained the WTO membership, it will impact significantly over the exports and imports of goods into Afghanistan and will boost the economy as well as it resolves Pakistan- Afghanistan transit issues.

Officials in Chamber of Commerce and economy experts have expressed optimistic insisting over good management to benefit Afghanistan the most.

Ministry of Chamber of Commerce and industry spokesman Musafir Qoqandi said,” Afghanistan business became worldwide by gaining the following membership it will pave better ways for Afghanistan economy, it will resolve mutual transit issues of Afghanistan- Pakistan, WTO membership will push Afghanistan to find best markets for its products.”

Meanwhile Chamber of commerce and industry spokesman Saim Persarlay said,” If we don’t have good progress in our internal products, and don’t receive subsidy against dumping law, the following memberships will give no benefit to our economy.”

Economy experts have declared the following victory a golden chance but insisting on good management.

Professor Sayed Masoud said,” having the WTO membership is good thing, but its needed to be well managed for the benefits of Afghanistan, warned the Governmental officials if the following thing doesn’t get managed it will damage the whole country economy.”

World Trade Organization was established on 1995 to manage the trades in the world and Afghanistan after years of efforts could gain its membership on 2016 and find its place on the 164 position.

Reported by Parisa Ibrahimi

 

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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