Business & Economics

China and Turkmenistan have pledged to work for the development of the economic situation in Afghanistan, a statement said on Friday.

The Ministry of Commerce and Industry has signed six cooperation agreements worth nearly four million US dollars with an international organization and five domestic institutions.

A pen-making factory has begun operations in Maidan Shahr, the capital of Maidan Wardak province, at a cost of one million US dollars.

While expecting support from the government, a number of female handicraft producers in central Daikundi province say they plan to switch to other alternative professions such as embroidery and tailoring due to lack of buyers.

The National Statistics and Information Authority (NSIA) says the volume of commercial goods’ exports and imports increased last month compared to the previous month.

Over 700 administrative processes of government ministries simplified since the takeover of the Islamic Emirate of Afghanistan (IEA), an official said on Tuesday.

Some carpet weavers in northern Baghlan say that their interest in the traditional handicraft industry of carpet weaving has waned due to the lack of attention from the government and institutions.

As saffron harvesting season is approaching in western Herat province, officials say the precious herb’s yield will increase this season.

The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) says Kuwait has contributed $500,000 to the Afghanistan Humanitarian Fund (AHF).

A 970 million afghanis blanket-manufacturing factory has been inaugurated in the Pul-i-Charkhi neighbourhood on the eastern outskirts of Kabul.

A woman entrepreneur in northern Samangan province has created a small dairy factory with 40,000 afs initial investment and generated jobs for tens of other vulnerable women.

A number of Russian investors have shown a keen interest in exploring investment opportunities in Afghanistan, focusing on sectors such as industry, transport, railways, health, and agriculture.