Business
Dozens of factories close in Balkh due to lack of electricity
Dozens of factories remain shut in Afghanistan’s northern province of Balkh due to a severe shortage of electricity, officials said.
Industrial parks in Balkh house about 400 factories, however at least 150 have been forced to close, most of them because of power shortages.
Sher Mohammad Sepahizada, an adviser of the provincial directorate of industry and commerce, said that some of the factories were closed as they were seasonal.
“They will resume production after they get raw materials,” he said.
Factory owners meanwhile have called for support for domestic products instead of low quality imports.
“Duties on imports should be high. Even if there are no imports, we can increase our production capacity,” said Mirwais Qarizada, a factory owner in Balkh.
Balkh province is considered to play an important role in commerce and trade due to its proximity to Uzbekistan.
Business
Afghanistan, Uzbekistan and Kyrgyzstan agree on framework to boost trade and transit
Officials said the talks focused on easing the movement of goods, particularly Afghan export products destined for Uzbekistan and Kyrgyzstan.
Afghanistan, Uzbekistan and Kyrgyzstan have agreed to strengthen regional trade and transit cooperation following a high-level trilateral meeting held in Tashkent on the sidelines of the INNOPROM Central Asia expo.
Afghanistan’s Minister of Industry and Commerce Nuruddin Azizi met with Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, and Sanzhar Iskenderovich Asylkulov, Deputy Minister of Economy and Commerce of Kyrgyzstan, to discuss measures aimed at facilitating transit procedures, increasing trade volumes and expanding Afghan exports to Central Asian markets.
Officials said the talks focused on easing the movement of goods, particularly Afghan export products destined for Uzbekistan and Kyrgyzstan.
At the conclusion of the meeting, the three sides agreed to establish a joint working group to oversee implementation of the proposed initiatives. They also reached agreement on Afghanistan’s membership in the exhibition platform.
The event brings together participants from across Central Asia, as well as Russia and Belarus, providing a platform for industrial cooperation and investment.
Officials say Afghanistan’s participation is expected to open new opportunities for local industries to showcase products and strengthen their presence in regional markets, while the agreement marks a step toward deeper economic integration and improved regional connectivity.
Business
Afghanistan showcases industry at key Central Asia expo
The exhibition brings together government officials, investors and manufacturers from across Central Asia and beyond, including participants from Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan.
Afghanistan is making a notable showing at the INNOPROM Central Asia, one of the region’s largest industrial platforms, as Minister of Industry and Commerce Nuruddin Azizi travels to Uzbekistan to attend the event.
The exhibition brings together government officials, investors and manufacturers from across Central Asia and beyond, including participants from Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan.
It is aimed at promoting industrial development, showcasing advanced technologies and expanding regional investment cooperation.
According to Afghanistan’s Ministry of Industry and Commerce, more than 60 Afghan companies are taking part, representing sectors such as cotton, coal, pharmaceuticals and agricultural products.
Officials say the participation highlights efforts to strengthen trade ties and position Afghanistan as a growing economic partner in the region.
INNOPROM Central Asia is widely regarded as a key platform for fostering industrial collaboration and unlocking new investment opportunities across Central Asia.
Business
Afghan commerce minister highlights trade trust and market stability at Antalya Forum
“The message from the Islamic Emirate of Afghanistan is centered around peace and peaceful coexistence,” Azizi stated.
Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, underscored the importance of trust in trade and regional stability during a high-level panel discussion titled “Trust in Trade: The Future of Economic Integration and Stability in South Asia” at the 5th Antalya Diplomacy Forum in Türkiye.
In his remarks, Azizi emphasized the critical need for peace, stability, and stronger human connections between nations. He noted that the Afghan people have faced nearly five decades of hardship, and continue to endure challenges, including the ongoing issue of frozen assets, which limit the country’s economic potential.
“The message from the Islamic Emirate of Afghanistan is centered around peace and peaceful coexistence,” Azizi stated, highlighting the alignment of these values with both religious teachings and the aspirations of the Afghan people.
When asked about the impact of recent regional developments on fuel and liquefied gas prices, Azizi reassured attendees that Afghanistan had already taken proactive steps to mitigate potential disruptions. He shared that while global fuel prices had surged, Afghanistan’s fuel price increase remained modest—only 3 to 5 percent.
“This demonstrates effective planning and market management in securing the country’s fuel and gas supplies,” he added.
Azizi also expressed his gratitude for the Antalya Diplomacy Forum, praising Türkiye for its efforts in tackling global and regional challenges, including its stance on the situation in Gaza.
The Antalya Diplomacy Forum, which continues to serve as an essential platform for fostering regional dialogue, remains focused on economic cooperation, political stability, and addressing pressing global issues.
-
Business5 days agoAfghanistan moves toward self-sufficiency in car battery production
-
Latest News3 days agoAfghanistan launches media platform to improve access to information
-
Business5 days agoUzbekistan launches exchange-based trade system with Afghanistan to boost bilateral commerce
-
Latest News4 days agoAfghanistan to airlift 30,000 pilgrims to Saudi Arabia in 96 flights for Hajj 2026
-
Regional4 days agoShips crossing Hormuz need OK from IRGC, unfreezing funds part of deal, Iran official says
-
Business4 days agoAfghan commerce minister highlights trade trust and market stability at Antalya Forum
-
Latest News2 days agoAfghanistan, Belarus hold talks on fuel imports
-
Latest News4 days agoAfghanistan and Russia discuss expansion of banking cooperation in Moscow meeting
