Connect with us

Business

Mutual MoU of transit of Kabul , Islamabad expired: Alkozai

Ariana News

Published

 on

(Last Updated On: January 11, 2016)

vlcsnap-2016-01-11-17h38m48s140

Officials in chamber of commerce and industry have stated that mutual memorandum of understanding on transit in between Afghanistan Pakistan has expired, but Pakistan still benefits from the following transit based on the memorandum of understanding signed by both countries.

They have also criticized that if Afghanistan doesn’t utilize the APTA memorandum of understanding, Pakistan shouldn’t be benefited.

Deputy of chamber of commerce and industry Khan Jan Alkozai said,” APTA memorandum of understanding expired, but Pakistan is still using that rout and its goods are reaching to middle Asia.”

Its said that APTA has been signed on 2010 in between Afghanistan, Pakistan based on the MoU Pakistan could use Afghanistan’s soil for transiting its goods to middle Asia, but in most cases Pakistan created problems for Afghans traders goods to reach to Wagga port.

US Government had welcomed the announcement made by the Presidents Karzai and Zardari of the full implementation on June 12 of the Afghanistan-Pakistan Transit Trade Agreement (APTA).

This step is a concrete demonstration of the common shared vision of development, prosperity and peace the two Presidents share, and it will make a significant contribution to regional stability.

The APTA was concluded after years of effort and replaces an outdated agreement dating from 1965. It is a major breakthrough, demonstrating strong economic and political cooperation between the two countries. To complete implementation, both countries demonstrated their continuing commitment to work together to overcome technical and political obstacles.

Ministry of commerce and industry spokesman Musafir Qoqandi said,” we have informed Pakistan about the issue two months ago,if Pakistan doesn’t resolve the Afghan businessmen problems the following memorandum of understanding doesn’t mean anything.”

Pakistan has been using that rout and transit it goods to middle Asia in that past years, but couldn’t be a good partner to provide more facilities for Afghan traders to see their goods reached to Wagga port.

Continue Reading
Advertisement

Business

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

Ariana News

Published

on

(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.

Continue Reading

Business

Gov’t approves four wind and solar power projects

Ariana News

Published

on

(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.

Continue Reading

Business

Atmar addresses concerns of Afghans in Tajikistan

Ariana News

Published

on

(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.

Continue Reading

Trending