Business
Ring Road Connects Faryab-Badghiz-Herat Failed to be asphalted

The High way ring road which connects Faryab, Baghiz to Herat Provinces has already lost $ 200 million directly and indirectly.
Acting Minister of Finance said,” the following loss has been made due to poor management, in Ministry of public works.”
However the former Minister of public works Najeebullah Ozhan believed that the contract for the following project doesn’t meet our standards and the construction company who has been ready to accomplish the ring road construction was a thief.
Still the acting Minister of the public works has refused the following claims made.
The ring road from Qaisair district of Faryab all the way to Laman area of Herat Province lengths 233 kilo meter with the cost of $397 million supported by the Asian Development Bank its contract has been signed with joint US-Turkey construction companies (EMJV) and the project was supposed to be accomplished within 4 years by now.
This ring road is counted as one of the high way roads in Afghanistan which connects three provinces Faryab- Badghiz to Heart.
Former Minister of Public works Najeebullah Ozhan said,” the (EMJV) construction company after about one year has left the construction of the road and escaped from Afghanistan, the following company has received $107 million in advance which cashed out $12 million from its Bank account and left the country.
EMJV Company has had second hand construction companies do the rest 10% of its responsibility with the less amount of money.
Officials in Ministry of finance claimed that we have reminded the officials in Ministry of public works for such huge loss of $200 million coming from the construction phase of the ring road.
Former Minister of Public Works has rejected the claimed said,”the following construction company has come to Afghanistan to loot money related to the case the officials in Asian Development bank are involved in taking bribes.
Among those robbers, the third company named Oil International who had the responsibility of monitoring has received $30 million and deputy protection of public has gained $50million, and the second hand construction companies has spent $25 on the road construction and yet they receive their money.
Head of the road construction company Shawali said,” we have told to the deputy of the Ministry of Public works NoorGul Mangal that the EMJV responsible willing to flee from the country, he didn’t listen to our voice.”
Acting Minister of Public works Mangal though doesn’t provide clear reasons why the company left the country still speaks out about the challenges which the construction company used to tackle with, the main reason to leave the country has not been clear whether they have been frightened to death or.”
There are some documents existed that the EMJV owed several Afghan construction companies for their construction work, even this issue has been taken to the court once in awhile .
Based on the court documents the officials for the construction company (EMJV) were not permitted to leave Afghanistan but due to some mediators from Afghan Government they flee from the country.
Former Minister of Public Work Najeebullah Ozhan has said,” I have asked the EMJV and Asian development Bank Officials for the termination of the contract.
Officials in Ministry of Finance rejected his claim saying the EMJV has asked for termination of the contract because Ministry of public works doesn’t follow the condition of the contract.
This comes after that Afghanistan has been awarded as the fourth corrupted countries in the world.

Business
Pakistan appoints 26 new jirga members for border crisis talks in Afghanistan
Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade

The Pakistani authorities have appointed a new 26-member jirga to hold further talks in Afghanistan over reopening Torkham border after the first round of talks hit a stalemate last week.
Torkham crossing was closed almost a month ago when Pakistan border officials opposed the reconstruction and renovation of a security check post on the Afghan side.
Sources told Pakistan’s Dawn news outlet that the new jirga would consist of 26 members, including experienced and influential tribal elders and local traders who are mostly members of Khyber Chamber of Commerce and Industry.
The source told Dawn talks could resume today, Monday March 17.
Torkham, a key border crossing between Pakistan and Afghanistan in the Khyber District of Khyber Pakhtunkhwa, remained closed for the 24th day on Monday amid rising concerns among traders of both countries who have suffered enormous losses due to the closure.
The crossing was closed on February 21 after escalation of tensions between the border forces on both sides. During subsequent exchanges of fire, three Afghan soldiers died while eight Pakistani paramilitary troops also sustained injuries.
Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade adding that over the first 20 days, approximately $60 million in trade was lost.
Torkham Border Crossing facilitates the daily movement of around 10,000 people to Afghanistan and is a key trade route between the two countries. Over 5,000 trucks, including those carrying perishable goods, are currently stranded, causing heavy financial losses.
Business
Uzbekistan investors show keen interest in mining and construction sectors
The Uzbek Ministry of Investment, Industry and Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.

Uzbek investors met last week with Afghanistan’s Deputy Minister of Commerce and Industry, Ahmadullah Zahid, and showed an interest in the construction and mining sectors in Afghanistan. The Ministry of Commerce and Industry (MoCI) said in a statement after the meeting that the Uzbek delegation had been assured that Afghanistan was secure and that there are vast investment opportunities in the construction and mining sectors.
Zahid reaffirmed the government’s commitment to supporting both domestic and foreign investors, ensuring a favorable business environment. He also said he hoped the investments would help boost Afghanistan’s economy and further strengthen economic relations between the two neighbouring nations. This comes after Uzbekistan opened a trade center in the northern city of Mazar-e-Sharif early this month.
The trade center provides Uzbek entrepreneurs with a platform to market their goods in Afghanistan.
Trade turnover between Uzbekistan and Afghanistan totalled $153.7 million in January 2025. This is 231 percent more against the same period last year ($46.3 million in January 2024).
The Uzbek Ministry of Investment, Industry and Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.
The latest development comes amid concerted efforts by both countries to boost their cross-border trade relations.
Business
Afghanistan records trade volume of $292 million via air corridors in 1403 solar year

Afghanistan’s Ministry of Industry and Commerce says that in the solar year 1403 (April 2024 to March 2025), goods worth $292 million were transported through air corridors.
Abdulsalam Jawad Akhundzada, the ministry’s spokesman, said that the value of exports through air corridors this year totalled $125 million and imports $167 million.
He added that the main export items were dried fruits, saffron, dried and fresh figs, jujubes, pine nuts and handicrafts, and the main import items were medicines and electronic devices.
Akhundzada said that exports happened through Kabul, Kandahar and Mazar-i-Sharif airports to the United States, Germany, China, India, Britain, South Africa, Austria, United Arab Emirates and some other countries.
-
World5 days ago
Trump and Putin expected to speak this week as US pushes for Russia-Ukraine ceasefire
-
Latest News4 days ago
National Journalists Day sparks reaction from Afghanistan’s media workers
-
World3 days ago
Putin agrees to 30-day halt on energy facility strikes in Ukraine
-
Sport3 days ago
IPL 2025 celebrates 18 years of immense success
-
Latest News3 days ago
Bayat Foundation helps needy families in Kabul during Ramadan
-
Latest News5 days ago
IEA urges neighboring countries to stop forced expulsions of Afghan refugees
-
Latest News3 days ago
Torkham crossing to reopen after 25-day shutdown
-
Latest News4 days ago
Afghan-Pakistan talks to reopen Torkham border ‘end on positive note’