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TAPI Project to be implemented after 2 years

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(Last Updated On: October 25, 2022)

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 Officials in Ministry of Mine and petroleum said,” Gas pipe line which begins from Turkmenistan – Afghanistan- Pakistan ends to India its construct work will begin after two years, they have urged that if the companies sign the contract in its determined date and time the construction work will be accomplished after 3 years in the future.”

According to their statements Afghanistan will be benefited %25 its shares from the following project.

Minister of Mines and Petroleum Daudshah Sabah said,” the following project is vital to Afghanistna , the technical process is done, only wait to see the beginning of practical work phase Afghanistan annually will be benefited 270 up to 370 $million it will have direct impact on the Gas price in Afghanistan.”

The contract indicates that Afghanistan will not only receives fees from other countries, and will have hundreds jobs opportunities for the Afghans to earn money after the project begins.

The following Gas pipe line which is 4000 kilo meters where 800 kilo meters will pass from Afghanistan,this golden opportunity for Afghans will impact their economy but also the Afghan Government will make big money out of it.

Reported By Nimatullah Ahmadi

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Export volume totals over $140 million in last month of 1402

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(Last Updated On: April 17, 2024)

The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.

This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.

Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.

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Afghanistan-Kazakhstan chamber of commerce opens in Herat

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(Last Updated On: April 15, 2024)

The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.

According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.

The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.

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Afghanistan reaches self-sufficiency in production of 133 items: MoIC

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(Last Updated On: April 13, 2024)

The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.

The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.

The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.

“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.

Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.

The chamber officials stressed expanding the culture of using domestic products in government projects.

“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.

Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.

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