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MoCI held joint session with SAARC

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(Last Updated On: April 13, 2016)

 

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Officials in Ministry of commerce and industry have held a joint session with south Asian Association for Regional Cooperation SAARC in order to resolve the investments problems in Afghanistan.

Official members in SAARC have mentioned that Afghanistan is best platform for investment in the region.

Head of the SAARC Suraj vadia said,” Afghanistan is one of the remarkable members, I understand that Afghanistan is facing problems but can overcome, there are some capacity on infrastructure, Agriculture , Tourism which will boost the economy of Afghanistan.”

Head of the chamber of commerce and industry  Atiqullah Nasrat said,” we have 85 percent business ties with Pakistan and 15 percent with India, it indicates 7 percent of business with SAARC countries members.”

“The joint session is important, we will push through to improve our economy ties with countries Deputy of Ministry of Commerce and industry Muzamil Shiwari said,”

The Secretary–General of the South Asian Association for Regional Cooperation, is the head of the SAARC Secretariat, which is headquartered in Kathmandu, Nepal. The SAARC is an economic and geopolitical union between the eight South Asian member nations, Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.

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Three-day expo of Iranian goods and services underway in Kabul

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(Last Updated On: September 23, 2020)

Iran is hosting a three-day trade exhibition in Kabul in the hope of strengthening bilateral trade ties with Afghanistan. 

Speaking at the event, Iran’s Ambassador to Afghanistan Bahador Aminian said the exhibition aims to promote trade and share technical “know-how” with Afghanistan. 

Iran’s Commercial Consular in Kabul Javanmard Qassab said the exhibition will last for three days in an effort to introduce Iranian products to Afghan customers.

He said the embassy was hoping to sign agreements between Iranian and Afghan businesses. 

Trade value between the two countries has now topped $1.5 billion, with Iran exporting a large amount of goods to its neighbor annually. 

Afghan traders are also showcasing their products to Iranian businesses.

 Representatives of 21 Iranian companies that offer services within the municipal sector are participating along with 54 other Iranian companies. 

These companies are from a cross-sector of the commercial industry including technical and engineering services, along with electricity, energy and telecommunications providers.

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Gov’t approves four wind and solar power projects

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(Last Updated On: September 22, 2020)

The Afghan High Economic Council has approved four wind and solar power projects in Herat, Kabul and Balkh provinces.

Laima Khurram, director of public-private partnership policy at the Ministry of Finance, said the projects would cost an estimated $160 million.

“One of the wind power projects is in Herat with a capacity of 25 megawatts, another 40-megawatt solar power project is in Mazar, another 25-megawatt solar power plant is in Herat,” she said.

The projects are part of a public-private partnership between the government and the private sector.

This comes after last month’s agreement between the Afghan government and an Emirati company to generate 3,000 megawatts of solar power in Afghanistan. 

Afghanistan currently needs 2,000 megawatts of electricity to light homes and power the economy. However, it relies heavily on imported power from neighboring countries.

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Atmar addresses concerns of Afghans in Tajikistan

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(Last Updated On: September 19, 2020)

On a two-day official visit to Dushanbe, Tajikistan, acting foreign affairs minister Haneef Atmar met with a number of Afghan refugees, students and business owners at the Afghan Embassy on Friday evening where he discussed challenges they are facing. 

In a statement issued by foreign affairs on Saturday, the ministry said Atmar assured students and business owners that problems they have been dealing with – specifically due to COVID-19 – would be addressed as soon as possible. 

Easy border crossings for bilateral trade was also addressed and the embassy was instructed to assist refugees with problems they are facing, the statement read. 

Addressing Afghan students that attended the meeting, Atmar said it was important for them to return to their home country once they had completed their studies so as to help with the development of Afghanistan.

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