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Central Bank Collects Money to Cover Natural Disaster

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(Last Updated On: October 25, 2022)

Bank picThe Central Bank in Afghanistan Opens Bank Account for the private Banks working in Afghanistan to transfer some of their incomes annually to help and assist the Natural disaster across the country said officials on Sunday.

This objective is meant to be collecting money for the disaster areas across the country.

Head of the Afghanistan central bank Noorullah Dilawari said,”those private banks received permission work will collect money in the account which has just been opened for.”

Officials in central bank have declared that helping those people suffer from Natural disasters is one of our National responsibilities for the Afghan Nation.

Head of the central bank Dilawari stated that there 16 private banks active within the country.

Head of Natural disaster committee Daim Kakar has said,” in the past several years Afghan Nation have paid the prices for such disasters due to flooding, earthquake, drought, heavy storm; if the officials in Central bank fill full the promises made it could decline negative points of the Natural disasters.”

Head of the Ghanzanfar private Bank Ahmad Siar Quraishi has welcomed the following policy of the Central bank and declaring their supports and readiness.

Afghanistan is not the first country which collects money for recovery of the natural disasters in a bank account at central bank, still most of the countries in the world follow the same rule to help and assist their nation and country.

The following objective comes after that winter season is ahead of the Nation,due of heavy snow falls and rains a lot of the areas get damaged and people lose their life.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

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.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

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.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

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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