Business
Chinese mining company MCC to open office in Kabul
China’s mining company Metallurgical Corp of China (MCC) will open an office in Kabul by the end of this month, Afghan officials said on Saturday.
Esmatullah Burhan, a spokesman for the Ministry of Mines and Petroleum, said that the leadership of the Islamic Emirate of Afghanistan (IEA) has assessed the agreement on Mes Aynak copper project and has found no problems.
He said that mining at Mes Aynak in Logar province will begin soon.
Mes Aynak site holds 11.08 million tonnes of copper, according to MCC estimates.
A consortium of MCC and Jiangxi Copper took on a 30-year lease for Mes Aynak in 2008. However, due to the unstable situation in Afghanistan, the copper mine has not yet undergone substantial construction.
Afghan authorities say China is interested in Afghanistan’s mining sector more than any other country.
Experts say copper prices have increased on global markets and mining at Mes Aynak would significantly contribute to the economic growth of the country.
“Attracting foreign investment in the country’s mining sector is very important, because it creates jobs and increases revenues,” said Baz Mohammad Ghairat, a member of the private sector.
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
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