Business
ACCI launches survey in 5 zones on resolving business barriers
Officials in Afghanistan Chamber of Commerce and industry have launched a survey in 5 zones in order to determined the main business barriers and seek the new solutions for it.
The survey has indicated that business has been growing in some part and the other part of the investigation indicates that business has been overshadowed.
Meanwhile officials in Ministry of Chamber of Commerce and Industry have urged that business barriers will be resolve slowly.
It also explained the business condition in Herat, Nangarhar, and Kandahar has been good but Kabul and Balkh business didn’t do well.
Head of the delegation of the Chamber of Commerce and industry Atiqullah Nusrat said,” Our main object was in the survey to determine the main business barriers, and to seek new solutions and to have the responsible to hear the businessmen voice and problems.”
Business Deputy of Chamber of Commerce and Industry Mohammad Unus Mohmand said,” The major business problem comes from custom departments, Government should find a better solution for traders.”
Minister of Chamber of Commerce and Industry Humayon Rasa said,” According to the conclusion of the survey, our problems should be resolved much, but we need to still have patient that we are experience the real economy.”
Officials in Chamber of Commerce and Industry believed that insecurity, bureaucracy, corruption, none flexible laws, lack of infrastructure are the main factors of the problems torture Afghan businessmen and Women.
Business
Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
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.
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