Business
Gov’t needs to begin extraction of mines by 2020: Senates

Scores of senators in the upper house of the parliament Misrano Jirga have stated that the Government of Afghanistan needs to begin extraction of 22000 mines by coming 2020 the funds which will come out of it will help Afghanistan to become self-sufficient.
Second deputy of the senator house have pointed out that International donors will provide aids for Afghan security forces up to 2020, therefore the Government of Afghanistan should begin extraction of mines not to see any financial gaps.
Afghan officials will attend Warsa summit to draw the International donor’s aids for Afghanistan security forces on 7th and 8th of July 2016.
Second Deputy of upper house Hassibullah Kalimzai said,” If the Government of Afghanistan is to extract the 22000 mines it will help Afghanistan to become self sufficient and the following mines will enable the Government to pay the expenditures of the Afghan security forces beyond 2020 when the International donors stop its aids.”
Despite of a lot of security problems Afghan security forces have gained significant achievements combating terrorism in the country.
He said,” Operations which are being launched by the Afghan security forces are appreciable, because they are the one who ensure security for the entire country after the International troops withdraws Afghanistan and passed the security responsibility to ANSF, therefore Afghan Air forces do need to be equipped with plane fighters and advanced weaponries.”
Earlier members in Afghanistan National assembly had declared the main factors of the insecurity in the country were the neighboring countries interfering.
Reported by Rafi Sediqee

Business
36 mining contracts inked over the past year: Mines ministry

The Ministry of Mines and Petroleum says it has signed 36 large and small mining contracts, with a total value of $1.3 billion over the past year.
Officials from the ministry stated that these contracts include 10 large mines, 25 small mines, as well as projects related to cement, salt, marble, and a major gas extraction contract with Uzbekistan, all signed with both domestic and foreign companies.
Meanwhile, economic experts have emphasized the importance of increasing investments in the mining sector for the country’s economic growth. They have stressed that priority in mining contracts should be given to domestic companies.
“It is better to prioritize domestic investors over foreign ones,” said Kamaluddin Kakar, an economic expert.
In the meantime, members of the private sector also stated that if both foreign companies and Afghan investors can partner in the mining sector, this will not only foster investment development in the country but also bring positive changes in capacity building within the mining extraction sector.
Business
Afghanistan ships first consignment to Europe via Khaf-Herat railway

The press office of the Herat governor has announced the export of Afghanistan’s first shipment via the Khaf-Herat railway to Europe.
According to a statement from the office, the shipment includes 200 tons of dried fruits worth $1.2 million, which were exported to Turkey and Europe through the Khaf-Herat railway in the presence of Islam Jar, the governor of this province, and the Iranian Consul General.
The exported dried fruits in this shipment include pistachios, raisins, almonds, and pine nuts.
The statement added that over the past three months, more than 35,000 tons of goods have been transferred via the Khaf-Herat railway.
Business
Russia’s LPG exports to Afghanistan boom as Europe shuns it
The exports to Afghanistan, the main consumer of Russia’s LPG in the region, rose by 52% for the period to 71,000 tons.

Russia’s exports of liquefied petroleum gas (LPG) to Afghanistan and ex-Soviet states in Central Asia have jumped following introduction of European Union sanctions against Moscow at the end of 2024, industry sources said on Wednesday, Reuters reported.
The European Union’s sanctions against Russia’s LPG over the war in Ukraine took effect on December 20. The restrictions were proposed last year by Poland, one of Russia’s largest LPG importers.
LPG, or propane and butane, is mainly used as fuel for cars, heating and to produce other petrochemicals.
According to the industry sources, railway supplies of LPG from Russia’s plants, including the Kazrosgas joint venture with Kazakhstan, jumped to the region by 80% year on year in January – February to 140,000 metric tons, read the report.
The exports to Afghanistan, the main consumer of Russia’s LPG in the region, rose by 52% for the period to 71,000 tons.
Traders expect great scope for more supplies to Afghanistan, where annual demand for LPG is seen at around 700,000 tons per year.
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