Business
Ghani Inaugurates First Air Corridor Between Afghan-India
President Ashraf Ghani has inaugurated the first Afghanistan-India air corridor, with the first flight carrying 60 tons of medicinal plants worth $11 million.
Ghani called the opening of this corridor beneficial for economic growth of the country and a big achievement for getting rid of crisis.
“Those who create crisis for us must know that we change the crisis to opportunities. Our aim is to change Afghanistan into a exporter country,” said President Ghani.
Indian ambassador to Kabul also expressed optimism over the opening of the air corridor and stressed on more cooperation with Afghanistan.
“We again commit to continue our cooperation and we are proud to work with you,” said Indian ambassador to Kabul.
Currently the trade level between Afghanistan and India reaches to $ 500 million annually.
President’s adviser Sediqullah Mujadedi said Afghan agricultural products will for the first time head to India on cargo planes.
Mujadedi said the first India-bound flight on Monday included 60 tons of natural plants; a second flight will follow, with 40 tons of dry fruits to be sent form Kandahar province.
The Indian Prime Minister, Shri Narendra Modi has also welcomed the first Air Freight Corridor flight from Kabul to India. Prime Minister thanked Afghan President H.E. Ashraf Ghani for the initiative.
“Happy to welcome the first Air Freight Corridor flight from Kabul.
Direct connectivity between India and Afghanistan will usher prosperity. I thank President Ashraf Ghani for the initiative”, the Prime Minister said.
he first Afghanistan-India air corridor is a direct route that bypasses Pakistan.
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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