Connect with us

Business

Trade-Transit Summit to be Held Soon in Ashgabad: Gurbanguly

Avatar

Published

 on

(Last Updated On: September 24, 2016)

3

President Gurbanguly Berdimuhamedow of Turkmenistan stated that the Trade and Transit Summit will soon be held in Ashgabat, the capital city of Turkmenistan. In a related matter, the President stated that the opening of the Ashgabat International Airport will pave the way for increased business and transit between nations within the region.

PresidentBerdimuhamedow stated that development of the railway connecting the region’s countries will improve their economies, especially Afghanistan’s.

President Berdimuhamedowalso stated thatTurkmenistan has taken necessary measures for launching large-scale development projects within the region. Ashgabat is hosting a series of economic summits and meetings, attended by the representatives of several countries. The Turkmenistan Government has opened an $2,000,000,000 International Airport which will facilitate the transit of approximately 25 million tons of commodities.

President Berdimuhamedow said, “[The establishment] of the International airport in Ashgabat will grow the mutual business between the countries. Our object is to turn Ashgabat into a world trade center. We have not only take a step forward on building the International airport but also has launched necessary measurements on creating railway, connecting to water and even to European countries. Establishing of rail from Turkmenistan, Kazakhstan, Iran, Tajikistan and Afghanistan is one of the significant elements of our goals.”

President Berdimuhamedow stated that his government was committed to growing business and trade among nations.

Officials in Turkmenistan have claimed that efforts are underway to hold a Trade and Transit Summit in November with the participation of the NATO Secretary General and representatives of the Alliance.

Reported by: Rafi Sediqee

Continue Reading
Advertisement

Business

Fruit production sees 30 percent increase in Balkh – officials

Avatar

Published

on

(Last Updated On: June 4, 2020)

Officials at the Balkh Department of Agriculture and Livestock say that fruit harvests in the province are up 30 percent compared to that of last year.

Salem Sayi, head of the Balkh Department of Agriculture and Livestock, said that despite strong winds and torrential rains that have damaged trees, fruit yields have increased by 30 percent in comparison to last year.

On the other hand, a number of gardeners in Balkh say that the lack of markets and refrigeration storages have caused them to sell their products at low prices.

The head of the Balkh Department of Agriculture and Livestock said that the Coronavirus crisis had also damaged the horticultural industry and that they could not export fruit to other countries.

Presently, Balkh has 23,000 hectares of agricultural land where a variety of fruit trees are grown.

Officials at the Balkh Agriculture Department say that new orchards are being built on an area of 23,000 acres a year.

They say that 20 refrigeration storages have been built for apple and pomegranate storage, and the construction of new cold storage houses is to be assumed this year.

Continue Reading

Business

Covid-19 impacts; Afghanistan’s exports on hold

Avatar

Published

on

(Last Updated On: June 3, 2020)

Afghanistan’s exports to other countries have been stalled due to the outbreak of the Coronavirus and no alternatives have been considered yet.

The Afghanistan Chamber of Commerce and Investment (ACCI) blames the government for failing to remove hurdles in Afghanistan’s exports, saying that the private sector will lose millions of dollars if trade with neighboring countries does not resume.

Officials in ACCI say that trade routes with neighboring countries have been blocked since the outbreak of the coronavirus, and the government has failed to find alternatives.

On the other hand, experts attribute the lack of work capacity in the Ministry of Commerce and Industry of Afghanistan to the decline in exports to other countries.

“Officials at the Ministry of Commerce and Industry of Afghanistan have failed to come up with a basic plan for exports and investment in the country,” experts say.

With the outbreak of the Coronavirus in the country, a number of countries, including Iran and Pakistan, have closed their borders with Afghanistan.

In addition to the cessation of Afghanistan’s exports, this act sparked prices to rise domestically.

Meanwhile, experts and traders believe that the government should look for alternative ways to keep the drift of export and import alive.

Continue Reading

Business

Unprecedented growth in watermelon harvest – Farah

Avatar

Published

on

(Last Updated On: June 2, 2020)

This year, more than 789,000 tons of watermelon will be harvested in Farah province.

The Ministry of Agriculture and Livestock said that the figure is up 6 percent compared to that of last year.

Officials at the Ministry of Agriculture and Livestock say that this year’s watermelon harvest in Farah province will be 789,400 metric tons. According to the officials, about 19,000 hectares of land have been cultivated  for watermelon in Farah province this year.

Meanwhile, a number of farmers in Farah province are worried about the lack of markets for the watermelon products.

They say that if there is no market, their products will be wasted.

This comes as a number of farmers in the province say that if the government doesn’t support the marketing of watermelon products in this province, their products will be destroyed this year.

Officials in the Chamber of Commerce and Investment have criticized the government, saying that the Ministry of Commerce should have previously marketed domestic products.

According to them, the government’s negligence will discourage farmers from producing crops.

They say South Asian countries are the best market for watermelon, but claim that Pakistan has blocked the export of the product to a number of countries.

Continue Reading

Trending