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Economy Grew Up in 1395 Comparing to Last Years: Annual Report

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(Last Updated On: October 24, 2022)

3Officials in Ministry of Commerce and Industry claimed economy of Afghanistan grew up in 1395 comparing to last years, saying about $ 1,5 billion collected from the investments perspective in the country.

Ministry of Commerce and Industry Spokesman Musafir Qoqandi said, “We could sign $ 1,5 billion dollar agreement on investment in Afghanistan, we also gained more achievements on simplifying of the business laws and regulations, more efforts to create business opportunities will be made in the future.”

Amid Officials in Chamber of Commerce and Industry also declared the year of 1395 full of achievements on economy aspect.

Deputy of the Chamber of Commerce and Industry Khanjan Alkozai said, “Our country is in state of stagnation, We in general witness low business deals but false economy is moving towards the real economy.”

Amid officials in Ministry of Rural Rehabilitations and Development claimed that 11380 economy projects launched in the year of 1395.

Minister of Rural Rehabilitations and Development Nasir Ahmad Durani said, “Despite of political and security skirmishes, we launched the above mentioned number of economy projects within the country.”

 Meanwhile Chief of  the Craftsmen Union  Sakhi Ahmad Paiman criticized the government for not paying attention to resolve the existed barriers in the year of 1395.

He said, “Years passed, no problem was resolved, having no electricity, lands, poor supporting of the domestic products, none practicing of National Unity Government commitments.”

Economy expert Taj Mohammad Talash said, “We have good capacity and sources on Agriculture, Mines, and Energy, therefore more attentions should be drawn to boost the economy.”

Insecurity, and poor attention of the governmental responsible caused dozens production firms to be closed and thousands workers to be unemployed.

Reported by: Aslam Hejaab

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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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