Business
Ariana Afghan Airlines ‘loses $1m’ after Boeing impounded in Russia
Ariana Afghan Airlines officials claim they have lost about $1 million in 24 days after one of its aircraft was seized by Russian officials for reportedly violating international aviation regulations.
According to airline officials the Boeing 737 was impounded by Russian customs officials after allegedly taking off from an airport before clearance was given.
They said the matter has now been handed over to a Russian court.
The officials stated that they have requested help from various government departments to secure the return of their aircraft but nothing has yet been done.
They said they have called on the Foreign Ministry for help and the Finance Ministry and the Civil Aviation Authority.
The Civil Aviation Authority meanwhile said it has raised the issue with Russian officials three times. They claim the Boeing will only be released once a court has reviewed the case.
Ariana Airlines says however that this has put enormous strain on the company as it is now down to only one operational aircraft.
The officials said they recently sold off one plane to Bakhtar Airlines and another has been grounded due to technical problems.
Business
Export volume totals over $140 million in last month of 1402
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
Business
Afghanistan-Kazakhstan chamber of commerce opens in Herat
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
Business
Afghanistan reaches self-sufficiency in production of 133 items: MoIC
The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.
The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.
The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.
“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.
Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.
The chamber officials stressed expanding the culture of using domestic products in government projects.
“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.
Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.
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