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MoIC working to reduce fuel price for coming winter

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The officials at Ministry of Industry and Commerce (MoIC) say that they are trying to give a share to the private sector in the transfer and purchase of fuel contracted with Russia so that these goods reach the country’s markets on time and to prevent the increase in the price of fuel products in the upcoming winter.

“We want to include the private sector in the government’s contract so that fuel prices do not rise in the coming winter,” said Nooruddin Azizi, Minister of Industry and Commerce.

The members of the private sector meanwhile have called on the MoIC to provide the required fuel to the country’s markets before the winter season arrives in order to prevent the increase in prices.

“If the leadership of the Ministry of Industry and Commerce works on these projects earlier, I think that we will not face any problem and it is good to pursue and implement the previous contracts,” said Abdul Jabbar Safi, Afghanistan Industrialists’ Association Chief.

“The unemployment rate is high and the only solution that can solve this problem is for the government to undertake a series of measures,” said Abdul Nasir Reshtia, a member of private sector.
These statements are made while every year with the arrival of winter, the price of fuel, especially oil and gas, increases in the country and causes many problems for the citizens.

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Trump administration to end protection program for Afghans

Over 8,000 Afghans were approved for TPS as of last year, according to federal statistics.

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The Trump administration is ending the Temporary Protection Program that offered deportation protection to thousands of people from Afghanistan.

The Department of Homeland Security said Monday it will end the program on July 12.

The TPS program allows migrants to get work permits and temporary reprieve from deportation if the U.S. government determines it is unsafe for them to return to their home countries due to war, natural disaster or other issues.

Over 8,000 Afghans were approved for TPS as of last year, according to federal statistics.

TPS was last extended for Afghanistan in 2023, and it was set to expire in May unless the Trump administration chose to grant another extension.

“This decision is unconscionable and will have long-lasting ripple effects,” #AfghanEvac, a group that helps relocate Afghans, said in a post on X.

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Domestic investors eye $650 million investment in Hajigak iron mine

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A number of domestic investors have announced plans to invest $650 million in three phases for the exploration and extraction of one of the blocks in the Hajigak iron mine.

The announcement was made during a meeting on Monday with Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, who welcomed the initiative and reaffirmed the Islamic Emirate’s full support for such investments.

According to the investors, the project will be implemented in partnership with a foreign company and carried out using professional and modern mining standards. In addition to extraction, the plan includes the establishment of a sponge iron processing plant within Afghanistan, equipped with advanced technology and compliant with international standards.

The facility is expected to process up to 9,000 tons of sponge iron daily, converting it into steel billets to meet Afghanistan’s domestic demand for iron products. The project is also projected to create 6,000 direct jobs, contributing significantly to the local economy.

Mullah Baradar instructed the Ministry of Mines and Petroleum to collaborate closely with the investors and to regularly report on the project’s progress. He reiterated the government’s commitment to supporting initiatives that foster economic growth and self-reliance in the mining sector.

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Afghan energy minister leaves for international energy conference in Uzbekistan

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Acting Minister of Energy and Water Abdul Latif Mansoor has left Kabul for Tashkent to participate in the fifth Uzbekistan International Energy Conference.

The event is part of Energy Week of Uzbekistan 2025 that is focused on regional partnership for sustainable energy. It will be held from May 13 to 15.

The aim of the summit is to strengthen regional cooperation, attract investment in joint energy projects, exchange experiences and promote green technology, the Ministry of Energy and Water said in a statement.

During the conference, Mansoor is expected to emphasize expanding cooperation with regional countries, attracting foreign investment and using successful international experiences in the field of energy resource management, the statement said.

Representatives of regional countries, including Uzbekistan, Kazakhstan, Turkmenistan, Russia, as well as organizations s such as the International Atomic Energy Agency and the World Bank, are expected to attend the conference.

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