Business
Uzbekistan, Afghanistan to sign trade agreement this year
Uzbekistan and Afghanistan will sign an agreement on preferential trade by the end of the year to substantially increase trade turnover in the coming years, the Uzbek Ministry of Investments and Foreign Trade said Wednesday, Xinhua News reported.
This agreement is expected to help Afghanistan and Uzbekistan increase trade turnover between the two countries from the current $800 million to $2 billion annually, ministry officials said.
According to Xinhua, this was agreed to during talks between Uzbek Deputy Prime Minister Sardor Umurzakov and head of the Afghan Presidential Administration Mohammad Shakir Kargar in Termez city in Uzbekistan.
Xinhua reported that Uzbekistan also said it welcomes Afghan entrepreneurs to do business in the free trade zone known as “Termez International Trade Center” which is located on the border with Afghanistan.
Business
CASA-1000 power project on track to launch in 2027
Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.
The long-delayed CASA-1000 energy project is expected to begin commercial operations in summer 2027, with construction in Afghanistan due for completion earlier that year, officials said.
Progress on the power project was reviewed during meetings in Dushanbe between April 18 and 20, involving Tajik authorities, Afghanistan’s state power utility Da Afghanistan Breshna Sherkat, the World Bank, and engineering firm KAMANI Engineering Corporation.
Tajik Energy Minister Daler Juma said the project is key to boosting regional cooperation and enabling the export of surplus hydropower from Central Asia to energy-deficient markets in South Asia.
Construction has already been completed in Kyrgyzstan, Tajikistan and Pakistan, while work continues in Afghanistan. According to officials, the Afghan segment is on track to be finalized by spring 2027, paving the way for full project operations later that summer.
Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.
Business
Afghanistan, Uzbekistan and Kyrgyzstan agree on framework to boost trade and transit
Officials said the talks focused on easing the movement of goods, particularly Afghan export products destined for Uzbekistan and Kyrgyzstan.
Afghanistan, Uzbekistan and Kyrgyzstan have agreed to strengthen regional trade and transit cooperation following a high-level trilateral meeting held in Tashkent on the sidelines of the INNOPROM Central Asia expo.
Afghanistan’s Minister of Industry and Commerce Nuruddin Azizi met with Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, and Sanzhar Iskenderovich Asylkulov, Deputy Minister of Economy and Commerce of Kyrgyzstan, to discuss measures aimed at facilitating transit procedures, increasing trade volumes and expanding Afghan exports to Central Asian markets.
Officials said the talks focused on easing the movement of goods, particularly Afghan export products destined for Uzbekistan and Kyrgyzstan.
At the conclusion of the meeting, the three sides agreed to establish a joint working group to oversee implementation of the proposed initiatives. They also reached agreement on Afghanistan’s membership in the exhibition platform.
The event brings together participants from across Central Asia, as well as Russia and Belarus, providing a platform for industrial cooperation and investment.
Officials say Afghanistan’s participation is expected to open new opportunities for local industries to showcase products and strengthen their presence in regional markets, while the agreement marks a step toward deeper economic integration and improved regional connectivity.
Business
Afghanistan showcases industry at key Central Asia expo
The exhibition brings together government officials, investors and manufacturers from across Central Asia and beyond, including participants from Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan.
Afghanistan is making a notable showing at the INNOPROM Central Asia, one of the region’s largest industrial platforms, as Minister of Industry and Commerce Nuruddin Azizi travels to Uzbekistan to attend the event.
The exhibition brings together government officials, investors and manufacturers from across Central Asia and beyond, including participants from Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan.
It is aimed at promoting industrial development, showcasing advanced technologies and expanding regional investment cooperation.
According to Afghanistan’s Ministry of Industry and Commerce, more than 60 Afghan companies are taking part, representing sectors such as cotton, coal, pharmaceuticals and agricultural products.
Officials say the participation highlights efforts to strengthen trade ties and position Afghanistan as a growing economic partner in the region.
INNOPROM Central Asia is widely regarded as a key platform for fostering industrial collaboration and unlocking new investment opportunities across Central Asia.
-
Business5 days agoAfghanistan, Uzbekistan and Kyrgyzstan agree on framework to boost trade and transit
-
Latest News4 days agoPakistan ramps up deportations of Afghan refugees, rights group warns
-
Sport3 days agoKabul hosts international wrestling tournament, highlighting regional ties and unity
-
International Sports5 days agoIPL 2026: Mumbai Indians crush Gujarat Titans by 99 runs
-
Regional4 days agoPakistan PM welcomes US-Iran ceasefire extension
-
Latest News4 days agoAfghanistan still facing humanitarian crisis regarding returnees: IOM chief
-
Sport3 days agoIPL 2026: Sunrisers dominate Delhi Capital with record-breaking batsmen show
-
Latest News4 days agoAfghan goes on trial in US for Kabul airport bombing in 2021
