Business & Economics

The Islamic Emirate of Afghanistan (IEA) says that over the past three years, the National Procurement Commission (NPC) has approved 562 projects worth approximately 130.6 billion Afghanis, achieving savings of around five billion Afghanis in project contracts.

After nearly two months, Pakistan has reopened the Torkham and Chaman routes for the passage of United Nations humanitarian aid to Afghanistan, media reports said on Thursday.

Demand for domestic fish products has risen in western Herat province following the suspension of fish imports, particularly from Pakistan.

Tycoon businessman and Azizi Group chairman Mirwais Azizi says his company has prepared technical equipment and technology worth five billion US dollars within five months to generate around 5,000 megawatts (MW) of electricity in Afghanistan.

The Ministry of Finance (MoF) says 16 tankers carrying low-quality fuel were denied entry at multiple customs checkpoints across the country last month.

Dried fruits from western Herat province were exported to more than 20 countries during the last seven months, showing a threefold increase compared to the same period last year.

Deputy Prime Minister for Economic Affairs Mawlawi Abdul Salam Hanafi says the Islamic Emirate of Afghanistan (IEA) has provided opportunities for investment in various sectors, including exports, factories and mineral extraction for both domestic and foreign investors.

The Ministry of Transport and Civil Aviation (MoTCA) has signed agreements with six firms for the installation of Global Positioning System (GPS) tracking devices in passenger and cargo vehicles across the country.

Following the Islamic Emirate’s decision to halt the import of medicines from Pakistan, the Chamber of Industries and Mines says more than 10 pharmaceutical factories in western Herat province now produce over 1,000 types of medicines, helping meet part of the country’s needs.

The prices of Kazakh flour and Indian sugar decreased while the rates of rice and gold increased during the outgoing week in Kabul, market sources said on Saturday.

Afghanistan’s Minister of Commerce and Industry, Nooruddin Azizi, said at the Economic Cooperation Organization (ECO) ministers’ meeting that Afghanistan is ready to host the next summit in Kabul.

The governor of Iran’s Razavi Khorasan province, leading a trade delegation, says Tehran’s plan to expand imports from Afghanistan and strengthen commercial ties with Herat to meet regional market demands.