Business
Pakistan hands over 3,600 tons of wheat seed to Afghanistan
Pakistan on Monday handed over the first consignment of 3,600 metric tons of wheat seed to Afghanistan as a gesture of goodwill.
Pakistan’s Ambassador to Afghanistan Mansoor Ahmad Khan handed over the consignment, 28 truckloads, to Afghanistan’s Deputy Minister of Agriculture Maulana Fazl Bari Fazli at the Torkham border crossing.
Speaking to the media, Mansoor Ahmad Khan said that the Pakistani government has been cooperating with the Afghan government and its people on humanitarian grounds.
Pakistan has brotherly relations with Afghanistan and extends full cooperation to provide food, medicine, education and medical aid to the Afghan government, he said.
He said that emergency facilities were being provided to patients from Afghanistan while talks were underway between the two governments to permanently resolve the difficulties being faced by Afghan medical patients at border crossings.
He further said that the government of Pakistan has set up three big hospitals in Afghanistan and measures are being taken to up-grade these hospitals so that Afghans get good medical facilities in their own country.
The Pakistani ambassador said that steps have also been taken to expedite and facilitate trade between the two countries adding that due to certain situations in Afghanistan the trade volume has been affected between the two countries.
To promote trade and to solve the problems of the business community, Islamabad and Kabul want to rehabilitate the existing highway and construct a separate route for trade. He said Pakistan would continue its cooperation with Afghanistan to strengthen bilateral relations.
Business
Acting commerce minister meets Russian deputy PM
Nooruddin Azizi, Acting Minister of Industry and Commerce, met with Russia’s Deputy Prime Minister Alexei Overchuk to discuss trade and investment, it was announced on Friday.
Sergey Pavlov, General Director of Russian Railways, and Dmitry Zverev, Deputy Minister of Transport of Russia, were also present in the meeting, the Ministry of Industry and Commerce said in a statement.
According to the statement, the two sides discussed increasing the volume of trade, preferential tariff for Afghan goods, Russian investment in mines and water dams in Afghanistan, and Afghanistan’s role in the International North–South Transport Corridor.
They also discussed about reducing the cost of transportation through the Russian railway, removing the export tax on basic materials, arranging the trip of the delegation to the ports of Astrakhan and Makhachkala, and holding a trade connectivity conference and an expo of Afghan products in Moscow.
Azizi met with the Russian deputy PM on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.
He also met with representatives of a number of Tatarstan and Russia companies and encouraged them to invest in Afghanistan.
Business
Azizi meets with head of Tatarstan on sidelines of Kazan Forum
The Ministry of Commerce and Industry said Thursday acting minister Nooruddin Azizi met with the leader of Russia’s autonomous republic of Tatarstan, Rustam Nurgaliyevich Minnikhanov, on the sidelines of a meeting in Kazan.
According to the ministry, Azizi met with Minnikhanov on the sidelines of the Kazan Forum – the 15th International Economic Forum of Russia and the Islamic World.
The two officials discussed bilateral trade relations, the establishment of the Russian Trade House in Afghanistan, the visit of Minnikhanov to Kabul, investment in electricity production, water transfer, mining, cultural and economic cooperation and other matters.
This annual meeting is held by Russia and the 14th round of this meeting was also held in the same country last year.
The main goal of the forum is to strengthen trade and economic, scientific and technical, social and cultural ties between Russian regions and the countries of Organisation of Islamic Cooperation (OIC), as well as to promote the development of the Islamic financial system institutions in Russia.
Business
Afghanistan’s imports and exports totaled $10.3 billion last year
The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.
According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.
Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.
Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.
Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.
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