Connect with us

Business

IEA minister meets with head of TAPI project

Published

on

The Islamic Emirate of Afghanistan’s (IEA) minister of mines and petroleum met with the executive director of the TAPI project, Mohammad Murad Amanov, in Kabul and said the project was important on a number of levels including that of job creation.

The minister, Sheikh Shahabuddin Delawar, stated in the meeting that the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project was one of the country’s major socio-economic projects.

He said not only will the roll out of the project provide job opportunities but it will also encourage investment.

“Since Afghanistan is in a good security situation, we should utilize this opportunity and start the practical work of the TAPI project as soon as possible with the cooperation of Afghanistan and Turkmenistan,” he added.

Speaking about the plans and progress of the project, Amanov said that Turkmenistan is striving to start work on the TAPI pipeline as soon as possible.

He said that he will soon announce a specific plan on the construction of gas distribution reserves in Herat.

TAPI project will transfer Turkmen gas to India through Afghanistan and Pakistan.

Business

Pakistan’s exports to Afghanistan rise by over 64% in 9 months

Overall exports to Afghanistan were recorded at $623.285 million during July-March (FY2024-25) against exports of $378.922 million during the same period last year. 

Published

on

Pakistan has reported that its export of goods and services to Afghanistan witnessed an increase of 64.48 percent during the first nine months of the fiscal year (2024-25) as compared to the exports of the corresponding period of last year.

According to the State Bank of Pakistan (SBP), the overall exports to Afghanistan were recorded at $623.285 million during July-March (FY2024-25) against exports of $378.922 million during the same period last year. 

On a year-on-year basis, the exports to Afghanistan decreased by 45.54 percent from $55.907 million in March 2024, against the exports of $30.445 million in March 2025. 

On a month-on-month basis, the exports to Afghanistan also dipped by 15.37 percent during March 2025 as compared to the exports of $35.977 million in February 2025, the SBP data revealed. 

On the other hand, the imports from Afghanistan into the country during the months under review were recorded at $20.127 million against $6.438 million last year, showing an increase of 212.62 percent in July-March (2024-25). 

On a year-on-year basis, the imports from Afghanistan witnessed an increase of 99.79 percent, going up from $0.960 million in March 2024 against the imports of $1.918 million in March 2025. 

On a month-on-month basis, the imports from Afghanistan into the country also witnessed a decrease of 36.23 percent during March 2025, as compared to the imports of $3.008m during February 2025, according to the data.

 

Continue Reading

Business

Chinese company keen to invest $50 million in automobile industry in Afghanistan

Published

on

Chinese automobile company Dongfeng has expressed an interest to invest $50 million in Afghanistan.

A representative of the company said in a meeting with Ahmadullah Zahid, Deputy Minister of Industry and Commerce, that the company wants to invest $50 million in the automobile manufacturing sector in Afghanistan in four phases over a period of three and a half years.

He added that with this investment, 2,000 vehicles will be manufactured per year.

Welcoming the company’s interest in investing in the country Ahmadullah Zahid, the Deputy Minister of Industry and Commerce, described Afghanistan as one of the safe and secure places for investment with favorable profits.

He assured the Chinese that all domestic and foreign investors will be treated equally and will be fully supported.

In the meeting, the representative of Dongfeng also emphasized that the company’s investment in Afghanistan will create jobs for 500 to 700 people in the country.

He said that the company’s products will include cars, trucks, ambulances, and buses.

 

Continue Reading

Business

Kyrgyzstan exports 25 million liters of petrol to Afghanistan in 2 months

The gasoline, worth $11.5 million, was exported to Afghanistan during January and February this year

Published

on

Kyrgyzstan has in two months exported 24.9 million liters of gasoline to Afghanistan, the Kyrgyz National Statistics Committee said Monday. 

According to local media, the gasoline, worth $11.5 million, was exported during January and February this year. 

Exports of gasoline to Afghanistan have been steadily rising over the past two years. 

In the first six months of last year, 700 liters went to Afghanistan, against just 19 liters in the same period in 2023. 

Overall trade between the two countries also saw a steady increase after the Kyrgyz government removed the Islamic Emirate of Afghanistan (IEA) from their list of banned organizations in September last year. 

Afghanistan is now the main consumer of Kyrgyz motor gasoline, accounting for about 92 percent of all exports of this fuel.

While Afghanistan has its own oil and gas reserves, particularly in the Amu Darya basin, it relies heavily on imports, especially from Central Asian countries and Iran, to meet its energy needs. 

 

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!