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Expo opens in Kabul in bid to help boost local economy

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Officials from the ministry of commerce and industry said Monday they are trying to find markets for Afghan products both domestically and in neighboring countries, and that they are looking at ways for Afghan traders to participate at expos.

Speaking at an expo that opened in Kabul on Monday, officials said the Islamic Emirate of Afghanistan (IEA) supports the domestic production and manufacturing sector in the hope that the country will in time achieve full economic self-sufficiency.

A number of traders exhibiting at the Kabul expo said that such initiatives can help grow domestic production which in turn will lead to job opportunities.

These traders and economic experts have again called on the IEA to support the production and manufacturing sectors in order to help end Afghanistan’s economic crisis and high unemployment rate.

Khan Jan Alokozay, a member of the Afghanistan Chamber of Commerce and Investment (ACCI) meanwhile said that Afghanistan lacks a permanent expo center and suggested it was time one was established.

“We don’t have an exhibition center in Afghanistan, so I hope that the Commerce and Industry officials in cooperation with the Islamic Emirate should establish a permanent exhibition center in Afghanistan,” he said.

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Iran exports non-oil goods worth over $2 billion to Afghanistan in 11 months

Afghanistan was Iran’s fifth top export destination between March last year and February this year

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Iran exported non-oil commodities worth $2.2 billion to Afghanistan during the 11-month period from March 20, 2024 to February 18, 2025, the head of Iran Customs Administration (IRICA) said.

Foroud Asgari said Afghanistan was Iran’s fifth top export destination in the mentioned 11-month period, Tehran Times reported Sunday.

In the past year, Afghanistan and Iran have forged closer trade ties. In February, the governors of both central banks met on the sidelines of a banking technology summit in Yekaterinburg, Russia, where they discussed strengthening monetary and banking cooperation.

Also, in October, ports and maritime officials of Iran and Afghanistan met to discuss investment opportunities for the Afghan private sector in Iran’s southeastern Chabahar Port.

Tehran Times reported that this meeting was attended by the director general of the Ports and Maritime Department of Sistan-Baluchestan Province, the governor-general of the province, some Iranian MPs, and officials of the Afghanistan Trade and Industry Ministry.

Meanwhile, in a meeting with an Iranian trade delegation in Kabul last August, Afghanistan’s interim Deputy Prime Minister Mullah Abdul Ghani Baradar Akhund said that his country is eager to attract Iranian investors in order to develop the Afghan mining industry, generate solar electricity and expand railway connectivity.

The Iranian delegation also proposed to launch a joint special industrial zone with Afghanistan.

Afghanistan supplies more than 80 percent of its market needs through imports, and imports from Iran constitute 25 percent of this amount.

The establishment of national security and the central government in Afghanistan over the past two years have improved the conditions of trade between the two countries.

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Trump unveils first $5 million ‘gold card’ visa

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Holding a prototype that bore his face and an inscription “The Trump Card”, the Republican president told reporters that the special visa would probably be available “in less than two weeks”.

“I’m the first buyer,” he said. “Pretty exciting, huh?”

Trump previously said that sales of the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.

The billionaire former real estate tycoon, who has made the deportation of millions of undocumented migrants a priority for his second term, said the new card would be a route to highly prized US citizenship.

He said in February that his administration hoped to sell “maybe a million” of the cards and did not rule out that Russian oligarchs may be eligible.

(AFP)

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Trump imposes 10% tariff on imports from Afghanistan

The tariffs, he said, were a response. The base tariff of 10 percent on almost all US imports will be imposed by April 5, the additional reciprocal tariffs on countries will kick in on April 9. 

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President Donald Trump on Wednesday announced a range of tariffs targeting almost all countries that the United States trades with including Afghanistan.

Trump announced the tariffs in an executive order alongside an address in the Rose Garden at the White House on Wednesday.

In the executive order, Trump said while the US trading policy has been built on the principle of reciprocity, taxes and barriers on US products by its trading partners had hurt the US.

The tariffs, he said, were a response. The base tariff of 10 percent on almost all US imports will be imposed by April 5, the additional reciprocal tariffs on countries will kick in on April 9. 

During his address, Trump made the argument that the US is charging its trading partners with smaller tariffs compared with the tariffs and non-tariff barriers that the partners impose on the US.

“For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike,” Trump said.

“If you want your tariff rate to be zero, then you build your product right here in America,” he said.

According to information from officials at the Chamber of Commerce and Investment, currently the total volume of trade between Afghanistan and the United States is between $8 and $10 million annually.

Afghan private sector representatives call on the US to reconsider Afghanistan’s inclusion in the tariffs list.

“It will undoubtedly affect us to some extent. Our trade with the US is small, but important items are exported, such as handicrafts, an industry in which women especially work. Handicrafts such as hats are exported. Antique items that are very important to know our identity are also exported. Dried fruits and sometimes fresh fruits and carpets are also exported,” Khan Jan Alokozai, a member of the Chamber of Commerce and Investment, said.

Abdul Qasim Amarkhel, head of the Dried Fruit Exporters’ Union, says: “The 10% tariff is cruel and illegal. This country is not China or Europe, but Afghanistan. Our dried fruit exports to the US are not that high. It is around $10 million. We ask the US to reconsider this decision. It should also release our frozen funds.”

Afghanistan’s exports to the US are mainly carpets and dried fruits.

 

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