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Kabul residents complain of rising food and oil prices

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Residents and motorists of Kabul city have called on the Islamic Emirate of Afghanistan (IEA) to control the rising cost of food and fuel.

Kabul residents said the sharp increase in prices has created enormous problems for city residents.

“We don’t have the ability to buy necessary materials. We urge IEA to solve the problem soon,” said Ezatullah, a Kabul resident.

“We can’t cope with such prices during [times of] unemployment. Our situation is bad. We have no jobs, and prices have increased,” said Mohamad Shakar, another Kabul resident.

Meanwhile, businessmen said that the volume of fuel being imported into Afghanistan has dropped significantly in recent months and that the high price of oil on the foreign market has resulted in an increase in local prices.

One liter of petrol currently sells for 79 Afghanis (AFN), one liter of diesel for 82 AFN and one kilo of gas goes for 90 AFN in Kabul bazars. (1 US dollar = 87 AFN)

“We buy oil at high prices and we are forced to sell it high. It is not only affecting Afghanistan, the whole world [is affected],” said Hasibullah, fuel importer.

Afghanistan Chamber of Commerce and Investment (ACCI) said that the Ukraine crisis is the main reason for the escalating price of fuel.

“We import oil from Turkmenistan, their prices are not stable, however, the Russian prices are stable. Some people misuse opportunities,” said Khan Jan Alokozay, deputy head of ACCI.

Economic analysts agree that the Ukraine crisis is affecting the price of oil but still called on the IEA to control prices.

“The management of the crisis is possible. Islamic Emirate should take care of it, in order to prevent the problem from getting worse,” said Kamaludin Kakar, an economic analyst.

Ariana News reporter tried to reach the Ministry of Commerce and Industry but was not able to get comment despite repeated attempts.

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Afghanistan-India trade volume totals $650 million so far this year

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Trade between Afghanistan and India totals $650 million in the first 10 months of this year, the Islamic Emirate’s Ministry of Industry and Commerce announced this weekend.

In a post on X on Saturday, the ministry’s spokesman Abdulsalam Jawad Akhundzada said $477 million in exports and $203 million in imports were recorded this year.

He said Afghanistan’s main exports to India included dried figs, raisins, saffron, green cumin, and almonds.

According to Akhundzada, the main items imported from India over the past 10 months were sugar, raw materials for industrial factories, new clothing, and roasted chickpeas.

Just last week, JP Singh, Indian foreign ministry’s joint secretary for the Pakistan-Afghanistan-Iran division, visited Kabul and met with Acting Foreign Minister Amir Khan Muttaqi.

The two sides discussed political and economic relations between Afghanistan and India, and people's movements, the Afghan foreign ministry said in a statement.

Muttaqi expressed hope that relations between India and Afghanistan would expand in various fields. He stressed that to develop trade relations, Indian visa facilities should be increased for Afghan citizens, especially businesspersons.

According to the statement, JP Singh said that relations with Afghanistan are important for India and have an ancient history.

The Indian diplomat said that along with humanitarian aid to Afghans, India has also started development assistance to Afghanistan and is engaged in technical discussions with relevant Afghan institutions.

JP Singh stressed that in the near future, negotiations will be held between technical delegations of regional countries including Afghanistan and India on the Chabahar port.

He also promised to increase Indian visa facilities for Afghans.

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Iran’s non-oil exports to Afghanistan rise by 31% this solar year

Iran’s imports from Afghanistan also rose sharply, totalling over $33 million, a 192% increase in this period

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Iran's non-oil exports to Afghanistan surged by 31% in the first half of this solar year (April to September 2024), totalling over $1.77 billion.

According to Iran’s trade association in Afghanistan, both the value and volume of non-oil exports to Afghanistan saw substantial growth. 

Statistics provided by the association indicate that nearly 560,000 tons of Iranian goods, including iron, steel, cement, eggs, and potatoes, were exported to Afghanistan during this period.

Iran’s imports from Afghanistan also rose sharply, totalling over $33 million, a 192% increase in this period. 

The primary exports to Iran included barley, corn, peanuts, and chilies.

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Private sectors of Afghanistan, Kazakhstan sign contracts worth $100 million

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Private sectors of Afghanistan and Kazakhstan have signed contracts worth $100 million during the visit of an Afghan delegation to Almaty recently, the Islamic Emirate of Afghanistan (IEA) announced on Thursday.

The agreements include the export of more than 2,000 tons of dried fruit, the export of fresh fruit, including pomegranates, and the export of cotton, Zabihullah Mujahid, a spokesman for the Islamic Emirate, said on X.

Mujahid said that the Islamic Emirate delegation during its recent visit to Kazakhstan signed a "road map of cooperation between Afghanistan and Kazakhstan in the fields of trade, industry, mining, energy, logistics, agriculture, telecommunications, health, higher education and humanitarian aid.”

He said Kazakhstan also assured that it would provide more facilities for the transit of Afghan goods to China and other countries through Kazakhstan.

The allocation of an area "as a logistics center for Afghan goods" in the port of Khargos was also part of the agreement between the two sides to facilitate the unloading and loading of Afghan traders' goods.

The spokesman of the Islamic Emirate also said that Kazakhstan will participate in the construction of the Torghundi-Herat, Kandahar-Spin Boldak and Mazar-e-Sharif-Kharlachi railway projects.

Mujahid added that Kazakhstan will also participate in the establishment of a trade and transit center in Herat province, which will be used to store and finance trade and transit goods. Meanwhile, Kazakhstan has agreed to establish permanent expo centers for the sale of Afghan goods in various cities of Kazakhstan.

It is worth mentioning that the delegation of the Islamic Emirate led by Nooruddin Azizi, Acting Minister of Industry and Commerce, participated in the three-day exhibition of Afghanistan's domestic products, which was launched on October 21 in Almaty.

The Ministry of Industry and Commerce recently announced that 23 tons of pomegranates from Kandahar province were exported to Almaty through the port of Torghundi.

 

 

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