Business
Torkham Border Crossing to Remain Operational Round-the-Clock
The Torkham border crossing between Afghanistan and Pakistan will remain operational round-the-clock on a trial basis from Monday, Pakistani officials announced on Sunday.
Torkham is one of the busiest ports of entry between Kabul and Islamabad and serves as a major transportation and shipping site.
According to Pakistani officials, the border crossing will be operational 24/7 for two to three weeks before Pakistan Prime Minister Imran Khan formally inaugurate it.
Afghan officials welcomed the move by Pakistan, saying Afghanistan want to have close business relations with all of its neighboring countries.
“Pakistan is an important business partner for Afghanistan. We want to have better relations in order to pave facilities for our traders,” Sameer Rasa, Spokesman for the Afghan Ministry of Commerce and Industries told Ariana News.
“We hope the Afghan government pressure Pakistan to facilitate the exporting of Afghan goods to Pakistan or to other countries through Pakistan,” said Sakhi Ahmad Payman, Deputy of Afghanistan Chamber of Industries and Mines.
“I welcome the move by Pakistan because the 24/7 operation will be in the benefit of Afghanistan and Pakistan and it will increase the level of import and export between the two countries,” said Jan Aqa Nawid, a Spokesman for Afghanistan Chamber of Commerce and Investment.
This comes after bilateral trade volume between Afghanistan and Pakistan reached its lowest level due to trade barriers at Torkham border crossing.
Meanwhile, Afghanistan launched its National Air Corridor Program to several countries including India, Turkey, Saudi Arabia, European Union, Kazakhstan, China, and UAE in order to grow its economy, create employment opportunities, and decrease its independence to its neighboring countries.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.
The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.
According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.
According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.
Business
Afghanistan starts exporting via railway to Turkey
The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.
In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”
The ministry added that one train will run daily for a month and then two trains will run daily.
According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.
Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.
As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.
This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.
Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.
“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”
According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.
Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.
During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.
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