24 September 2019

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Economic

Thursday, September 12, 2019
Kabul (BNA)  Iranian Ambassador to India Ali Chegeni said that India’s development work had been “very slow”, and that trade to Afghanistan was “much lower “ than it should be, India’s The Hindu reported.
He also said that in view of the delay over India’s plans to build a railway line connecting Chabahar port to the Afghan border at Zahedan, the Iranian government had decided to complete the railroad through its own resources by 2021.  In addition, Iran is now discussing an LNG pipeline to China along the China-Pakistan Economic Corridor (CPEC), as India is not expected to retain its prior interest in LNG imports from Iran.” If Inia wants energy security, it should prefer Iran as a dependable supplier,” Chegeni said.  “We love the Indian people.  But we cannot force somebody to love us.  The Government of India has to decide according to its national interest.  Just as the Chinese have,” he added.  Iran India and Afghanistan had signed a trilateral agreement, to develop Chabahar, in May 2016 during Prime Minister Narendra Modi and Afghan President Mohammad Ashraf Ghani’s visits to Tehran.

Wednesday, September 11, 2019
Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                        78/60        Afs
One Pound Sterling                                           96       Afs
One Euro                                                            86/60       Afs
One Emirate’s Dirham                                       21/30       Afs
One Thousand Pakistani Rupees                       502       Afs
One Thousand Indian Rupees                           1100       Afs
One Thousand Iranian Rupees                          06/50       Afs
Yarzada

Sunday September 8, 2019
Kabul (BNA) Iranian Minister of Energy Reza Ardakanian said yesterday that cooperation between Afghanistan and Islamic Republic of Iran in the field of electricity will be accelerated, IRNA reported.
The minister pointed to the recent agreements made between Afghanistan and Iran in the field of generating and transmitting electricity and added, “Establishment of joint cooperation committee, implementation of the agreements inked between the two countries will result in acceleration.”
He made the remarks in an exclusive interview with IRNA and added, “setting up joint working group was agreed by Afghanistan president and now, we are waiting for the establishment of the committee as soon as possible.”
In this committee, date for organizing summit of joint economic cooperation commission will be consulted, he said, adding, “Then, necessary measures will be taken for holding the summit.”
Elsewhere in his remarks, Ardakanian pointed to the agreement inked between Iran and Afghanistan for repairing Afghan’s electricity transformers and turbines and added, “Necessary measures have been taken in this respect.”
For this purpose, Deputy Minister of Energy Homyoon Haeri along with Managing Director of Iran’s Power Generation and Transmission Company (TAVANIR) Mohammad Hassan Motavalizadeh visited Afghanistan in August 17 for holding talks with senior officials of Afghanistan Ministry of Water and Energy which led to signing and sealing a Memorandum of Understanding (MoU) between energy officials of the two countries.
Renewing contract for Iran’s electricity exports to Afghanistan, cooperating to reduce electricity network losses in Afghanistan, developing Afghanistan power grind, constructing Zaranj electricity transmission line in Afghanistan, renovating Afghanistan electricity grid as well as reconstructing a number of power turbines and transformers of Afghanistan were discussed in this bilateral meeting.
Ansari

Saturday, September 07, 2019
Kabul (BNA) Asian Development Bank’s (ADB) Director General for Central and West Aisa Werner Liepach on Thursday concluded a two-day visit to Kabul after meeting President Mohammad Ashraf Ghani and Chief Executive Dr. Abdullah Abdullah.
During his visit, Liepach also met with Acting Minister of Finance and Chief Adviser on Infrastructure and Technology to the President Mohammad Humayon Qayoumi, Minister of Agriculture, Irrigation, and Livestock Nasir Ahmad Durrani, Minister of Transport Yama Yar, Chief Executive Officer of Da Afghanistan Breshna Sherkat Amanullah Ghalib and other senior government officials.
During his meetings with President Ghani and Dr. Abdullah, the bank official discussed ADB’s partnership with Afghanistan, overall country operations, and current development priorities.
He reaffirmed ADB;s continued support to the people of Afghanistan.
“I am honored to visit Afghanistan and discuss with the government how ADB can be more effective and efficient in helping to improve the lives of the people of Afghanistan.” Liepach said.
“I commend the government for implementing key reforms in the current difficult situation.  We are committed to strengthening our partnership with the government to bring prosperity to all Afghans.”

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