Business
Afghanistan Welcomes U.S.’s Move to Review Iran Sanctions on Chabahar Port
The U.S. will take into consideration the impact of American sanctions against Tehran on Chabahar port in Iran that provides a surface link between India and Afghanistan.
“When it comes to Chabahar, we are in the process of reviewing the imposition of sanctions,” Alice Wells, the Principal Deputy Assistant Secretary for South and Central Asia, told IANS in an interview as cited by NDTV.
“So that process (of review) is underway and we take India’s concerns and interest in being able to expand exports to Afghanistan and to increase Afghanistan exports to India, very seriously.
“As we look at the reinforcement of the Joint Comprehensive Plan of Action (JCPOA) or the sanctions, we will, I think carefully, evaluate the impact that it could have, for instance on Afghanistan,” Wells added.
The Ministry of Transport said that investment drive is progressing fast on the port from Iran, Afghanistan, and India.
The implementation plan of Chabahar port agreement has been completed and we are ready to provide the necessary facilities to Afghan traders at the port,” Spokesman of the Transport and Aviation Ministry Hekmatullah Qawanj told Ariana News.
According to the estimation of Afghanistan’s Chamber of Commerce and Industries, currently, more than $150 million have been invested in transport and forming factories in Chabahar port by 60 Afghan traders.
“Some of the investments which have been made on the port are very important for all of the three countries,” said Tawfiq Dawari, deputy head of ACCI. “When the port excluded [from Iran sanctions], Afghanistan will have trade relations with these countries and it will have an impact on the exports as well as paving ground for more investment,”
Chabahar port is providing Afghanistan with vital direct sea access, which the country hopes will improve its trade prospects. Crucially, exporting goods to countries such as India will allow Afghanistan to reduce its dependence on Pakistan.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
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.
Business
Afghanistan starts exporting via railway to Turkey
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.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
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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