Business
World Bank agrees to restart Afghanistan CASA-1000 power project

The World Bank has announced that it has agreed to restart the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000) in Afghanistan amid concerns among the other participating countries -Kyrgyzstan, Tajikistan and Pakistan – that they risk $1billion of stranded assets.
However, the WB said the resumption would only take place within a ring-fenced structure that would ensure all construction payments and future revenue are managed outside of Afghanistan and do not involve the Islamic Emirate government.
The structure would also mean a strengthened commitment to the use of international consultants to supervise progress and third-party monitoring to verify progress and certify contractor invoices, it said.
The $1.2bn CASA-1000 regional power project is designed to interconnect the power grids of the four participating countries, allowing for hydro power-generated electricity to be exported from the two Central Asian states to Afghanistan and to Pakistan via Afghanistan.
The project was approved by the World Bank board in March 2014 with financing from the International Development Association (IDA), but in Afghanistan it was paused, with all implementation activities stopped, in the wake of the return to power of the Islamic Emirate.
Before the project was paused, about 18% of the towers for the Afghanistan portion of the CASA transmission line had been erected and about 95% of the materials and equipment needed to complete the project in the country had been supplied, according to the World Bank.
Despite the Afghanistan pause, the Kyrgyz Republic, Tajikistan and Pakistan continued with the implementation of CASA-1000 and construction activities are nearly complete in all three countries, it added.
The ring-fenced resumption, said the World Bank, would be in two phases: construction, expected to take three years, and operations after that.
Its statement concluded: “During the project construction phase, the World Bank will make payments directly to the offshore accounts of international contractors and consultants, based on verification of invoices by the independent monitoring agency.
“For the operations phase, Offshore Account Bank (Abu Dhabi) arrangements are in place to ensure that payments and revenue are ring-fenced offshore as per commercial contractual agreements with requirements for no objection for use for specified purposes, including purchase of electricity from Tajikistan and Kyrgyz Republic under the CASA-1000 and other existing power purchase agreements.”
The IEA has repeatedly called for the resumption of stalled development projects in the country by international organizations and countries.
The Islamic Emirate of Afghanistan (IEA) says that, any project that is implemented in Afghanistan should be done once the Islamic Emirate of Afghanistan has been informed.
The IEA also said Afghanistan’s conditions should be taken into consideration.
“We are ready to cooperate. There is security in Afghanistan and there are facilities to implement the project and the system cooperates in the necessary sectors and will not be an obstacle,” said Zabiullah Mujahid, IEA’s spokesman.
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.
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