Business
Fuel prices rock markets as residents can’t afford
Fuel prices have increased across the country and have provoked the concerns of the residents,the residents have accused the Government for poor management to control the fuel prices in the markets.
According to their statements 10 Afghani increased into one liter of petrol and sold in markets.
Officials in Gas-Fuel Union have said the fuel prices in the country has gone high as US dollars price increased in the world.
One week earlier one liter of petrol was sold in markets in 43 Afghani but now one liter is sold 51 Afghani, annually Afghan residents do complain from hiking of fuel price in Afghanistan, which the Government hasn’t paid attention to it yet.
Kabul resident Sayed Azim said,” we don’t only complain about the fuel price but also Gas dozen basic things which are needed can’t be afforded.”
We are so concerned about the current life condition here in Afghanistan, there is no stable law and rule to control and monitor the situation , poor people can’t afford it the other resident of Kabul Najib said.
Head of the Gas-Fuel Union Azarakhsh Hafizi said,” we don’t have acceptable policy for domestic production of gas and fuel, instabilities of money also cause the prices of fuel or gas to go high.”
A number of Kabul residents have urged that the high pricing of US dollars has caused the fuel- gas prices go high in the markets, and it will also impacted on the basic necessary items which changed the condition for residents to tackle with their life,Afghanistan has also suffered from imported goods due to high taxation inside and outside ports which doubled the challenges and problems in the capital city of Kabul.
Reported by Nabila Hafizi
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.
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.
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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