Business
Afghanistan, Turkmenistan, Azerbaijan to expand trade ties

Afghanistan, Turkmenistan, and Azerbaijan have agreed to form a joint committee to expand trade and transportation relations.
The leaders of the three countries in an online meeting discussed the formation of a joint committee that could work on regional connectivity, railway development, fiber optics, and transportation.
In a tripartite meeting between Afghan President Ashraf Ghani, Turkmen President Gurbanguly Berdimuhamedow, and Azerbaijani President Ilham Aliyev, the three leaders discussed trade cooperation. They agreed on the proposal of the President of Azerbaijan to form a joint delegation, which includes ministers of transport and other officials from the three countries.
د افغانستان، اذربایجان او ترکمنستان هیوادونو د جمهوررئیسانو ترمنځ درې اړخیزه ناسته د جمهوررئیس محمداشرف غني په نوښت نن له غرمې مخکې د ویډیو کنفرانس له لارې ترسره شوه… pic.twitter.com/53HAJULOPZ
— ارگ (@ARG_AFG) July 2, 2020
Afghan President Mohammad Ashraf Ghani welcomed the proposal of the President of Azerbaijan to form a joint delegation of the three countries
At the meeting, the President of Turkmenistan supported the plan of the port of Aqina and Turgundi to better transmit commercial goods.
“So the first thing is to welcome President Aliyev’s suggestion backed by President Berdimuhamedow that we form a joint task force at the level of heads of transports and other relevant ministries from the three ministries,” said Afghan Pres. Ghani.
During the meeting, Mr. Ghani also announced the development of a railway in Afghanistan, saying that the country needs 4,000 to 6,000 kilometers of railways for economic development and that international partners have expressed readiness to cooperate in this area.
Turkmenistan has expanded the railway network to the ports of Aqina and Torghundi for trade with Afghanistan, which the Afghan government wants to become standard ports.
Ashraf Ghani added: “We are creating dry ports to eight locations in Afghanistan… the finance development cooperation of the United States is now willing and ready to work with us to offer guarantees.”
In the past, Afghans relied heavily on the Pakistani port of Karachi for trade with the world. With the opening of Iran’s Chabahar port and the opening of new transit routes through Central Asian countries, Afghanistan has been able to reduce its reliance on the port of Karachi in recent years
Business
Efforts underway to expand Afghanistan’s trade relations with India
A number of investors also suggest that the Islamic Emirate should actively participate in regional and trade fairs to increase exports, so that Afghan products can be marketed in regional and global markets.

The Ministry of Industry and Commerce says that efforts are underway to expand trade relations with India, the volume of which reaches $650 million annually.
Abdulsalam Jawad Akhundzada, a spokesman for the Ministry of Industry and Commerce, says that India is also interested in expanding trade relations with Afghanistan, and Kabul has also taken steps in this regard by using Chabahar Port, and talks have been held with the Indian side on visas.
The Chamber of Commerce and Investment also says that trade relations between Afghanistan and India are expanding and these relations are strengthening with each passing day. According to officials of the chamber, Afghanistan has exported goods worth $500 million to India in the past year.
A number of investors also suggest that the Islamic Emirate should actively participate in regional and trade fairs to increase exports, so that Afghan products can be marketed in regional and global markets.
According to investors, once the visa issues with India are resolved, a large portion of the country’s fresh and dried fruits will be exported to India because India is a good market for Afghan fruits in the region.
Investors want the Islamic Emirate to pave the way for increased exports to India through Chabahar Port.
Business
36 mining contracts inked over the past year: Mines ministry

The Ministry of Mines and Petroleum says it has signed 36 large and small mining contracts, with a total value of $1.3 billion over the past year.
Officials from the ministry stated that these contracts include 10 large mines, 25 small mines, as well as projects related to cement, salt, marble, and a major gas extraction contract with Uzbekistan, all signed with both domestic and foreign companies.
Meanwhile, economic experts have emphasized the importance of increasing investments in the mining sector for the country’s economic growth. They have stressed that priority in mining contracts should be given to domestic companies.
“It is better to prioritize domestic investors over foreign ones,” said Kamaluddin Kakar, an economic expert.
In the meantime, members of the private sector also stated that if both foreign companies and Afghan investors can partner in the mining sector, this will not only foster investment development in the country but also bring positive changes in capacity building within the mining extraction sector.
Business
Afghanistan ships first consignment to Europe via Khaf-Herat railway

The press office of the Herat governor has announced the export of Afghanistan’s first shipment via the Khaf-Herat railway to Europe.
According to a statement from the office, the shipment includes 200 tons of dried fruits worth $1.2 million, which were exported to Turkey and Europe through the Khaf-Herat railway in the presence of Islam Jar, the governor of this province, and the Iranian Consul General.
The exported dried fruits in this shipment include pistachios, raisins, almonds, and pine nuts.
The statement added that over the past three months, more than 35,000 tons of goods have been transferred via the Khaf-Herat railway.
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