Connect with us

Business

Agreements with Uzbekistan Will Rise Kabul-Tashkent Trade Turnover to $1B

Ariana News

Published

 on

(Last Updated On: December 10, 2017)

Afghan officials say the recent signed intergovernmental documents with Uzbekistan will rise the trade turnover index to $1 billion between Kabul and Tashkent.

The documents were signed during an official visit of Afghan delegation headed by President Ashraf Ghani to Uzbekistan about a week ago.

“Our trade turnover with Uzbekistan will rise from $400 million to $1 billion with [implementation of] the signed agreements,” said Musafer Qoqandi, a Spokesman for the Ministry of Commerce and Industries.

The resumption of direct flights from Kabul to Tashkent, construction of a new Herat-Mazar-e-Sharif railway line, the Surkhan-Pul-e-Khumri power transmission project with the capacity of 500 megawatt, construction of  Qaisar-Laman, Kabul ring roads and Salang tunnel are said to be among the important signed agreements with Uzbekistan.

“Implementation of these agreements is effective for the growth of Afghanistan’s economy and region,” said Sohrab Bahman, Spokesman for the Ministry of Economy.

The signed agreements which worth more than $500 million aimed at further strengthening of Kabul-Tashkent cooperation in political, trade-economic, investment, transport-communication, scientific, education and other spheres.

By Shakib Mahmud & Samira Zafari

Business

Three-day expo of Iranian goods and services underway in Kabul

Ariana News

Published

on

(Last Updated On: September 23, 2020)

Iran is hosting a three-day trade exhibition in Kabul in the hope of strengthening bilateral trade ties with Afghanistan. 

Speaking at the event, Iran’s Ambassador to Afghanistan Bahador Aminian said the exhibition aims to promote trade and share technical “know-how” with Afghanistan. 

Iran’s Commercial Consular in Kabul Javanmard Qassab said the exhibition will last for three days in an effort to introduce Iranian products to Afghan customers.

He said the embassy was hoping to sign agreements between Iranian and Afghan businesses. 

Trade value between the two countries has now topped $1.5 billion, with Iran exporting a large amount of goods to its neighbor annually. 

Afghan traders are also showcasing their products to Iranian businesses.

 Representatives of 21 Iranian companies that offer services within the municipal sector are participating along with 54 other Iranian companies. 

These companies are from a cross-sector of the commercial industry including technical and engineering services, along with electricity, energy and telecommunications providers.

Continue Reading

Business

Gov’t approves four wind and solar power projects

Ariana News

Published

on

(Last Updated On: September 22, 2020)

The Afghan High Economic Council has approved four wind and solar power projects in Herat, Kabul and Balkh provinces.

Laima Khurram, director of public-private partnership policy at the Ministry of Finance, said the projects would cost an estimated $160 million.

“One of the wind power projects is in Herat with a capacity of 25 megawatts, another 40-megawatt solar power project is in Mazar, another 25-megawatt solar power plant is in Herat,” she said.

The projects are part of a public-private partnership between the government and the private sector.

This comes after last month’s agreement between the Afghan government and an Emirati company to generate 3,000 megawatts of solar power in Afghanistan. 

Afghanistan currently needs 2,000 megawatts of electricity to light homes and power the economy. However, it relies heavily on imported power from neighboring countries.

Continue Reading

Business

Atmar addresses concerns of Afghans in Tajikistan

Ariana News

Published

on

(Last Updated On: September 19, 2020)

On a two-day official visit to Dushanbe, Tajikistan, acting foreign affairs minister Haneef Atmar met with a number of Afghan refugees, students and business owners at the Afghan Embassy on Friday evening where he discussed challenges they are facing. 

In a statement issued by foreign affairs on Saturday, the ministry said Atmar assured students and business owners that problems they have been dealing with – specifically due to COVID-19 – would be addressed as soon as possible. 

Easy border crossings for bilateral trade was also addressed and the embassy was instructed to assist refugees with problems they are facing, the statement read. 

Addressing Afghan students that attended the meeting, Atmar said it was important for them to return to their home country once they had completed their studies so as to help with the development of Afghanistan.

Continue Reading

Trending