Business & Economics

The prices of rice, sugar, cooking oil and gold increased during the outgoing week in Kabul, market sources said on Saturday.

KABUL (Pajhwok): Air cargo services between India and Afghanistan will be launched soon, an Indian foreign ministry official said on Friday.

KABUL (Pajhwok): The Balkh Chamber of Commerce and Investment has signed a cooperation agreement with Uzbekistan Exporters’ Union to expand and facilitate the export of agricultural products from Afghanistan to Uzbekistan.

KABUL (Pajhwok): The Afghanistan National Standards and Quality Authority says a 24-ton shipment of low-quality isogam imported from Iran has been returned via the Nimroz border crossing.

The Director of Women’s Chamber of Commerce and Industries in Nimroz says the municipality of Zaranj, capital of the northwestern province, has issued an official permit to set up a women-only market, calling it a major achievement for businesswomen.

Minister of Commerce and Industry Nooruddin Azizi says more than 80,000 acres of land has been allocated for industrial parks across the country, with over 6,000 factories currently operating in various sectors.

Afghanistan exported fresh and dried fruits worth $580 million during the first six months of the current 1404 solar year, the Deputy Prime Minister for Economic Affairs Office said on Monday.

The municipality of Zaranj, the capital of northwestern Nimroz province says it has collected around 80 million afghanis in revenue so far this year, showing a 55 percent increase over last year’s returns.

The Ministry of Finance (MoF) has announced that, based on the directive of the Office of the Deputy Prime Minister for Economic Affairs, medicines imported from Pakistan will no longer be processed through customs after the next three months — effectively halting their import.

Afghans on social media have expressed strong support for the recent announcement halting trade between Afghanistan and Pakistan. Many praised the decision, describing it as “a true stance, not just words… a courageous act… the beginning of our economic strength and national pride… an excellent and historic step.”

KABUL (Pajhwok): The closure of the Torkham crossing has caused trade losses exceeding 45 million US dollars to Afghanistan and Pakistan, while losses in exports and imports are estimated at 16.5 billion Pakistani rupees, a media report said on Tuesday.

More than 135 metric tonnes of goods were transported through railways from four Afghan ports last week, the Ministry of Public Works (MoPW) said on Tuesday.