22 September 2018

RSS Facebook

Ads

Economic

Tuesday August 7, 2018

Kabul (BNA) The authorities of Ministry of Civil Aviation say that benefiting from logistic capacities of Iran ports-Herat-Khawaf railway that would be utilized can be a good opportunity for merchants of Afghanistan. In a joint meeting held in the connection by authorities of governments of Afghanistan and Iran, minister of civil aviation, Mohammad Hameed Tahmasi told media in the connection that it was agreed that good ground be prepared for export-import between the two countries and the way should be paved for export of Afghanistan goods such as dried and fresh fruits and marble to third countries with cooperation of Islamic Republic of Iran via Chabahar Port. Tahmasi said that the second issue that we reached to understanding was transport and transit expenditures and decision was made the unofficial expenditures to be recognized and be omitted and in regard with official expenditures, both sides decided unanimously that the expenditures should be reduced.
Hinting to agreement on custom-duty between the two countries, Tahmasi asserted that we are ready to make alike all custom regulations so that the smuggling and corruption be prevented in both custom-houses and also it was decided that the small markets be closed in borders of the two countries.
Minister of transport also hinted to opening of Shamtigh port and added that we hope this port be opened as soon as possible. Minister of road and urban development of Iran, Abbas Akhundi said that annually about 180000 trucks are commuting between Iran and Afghanistan and this shows that vast exchanging of commodities are continuing between the two countries. Hinting to the agreements reached for easing of transport and transit between the two nations, Akhundi added that we detailed on expansion of transit and also reached on agreement to reduce custom-duties and reached to a good result. He continued that now, custom-duties are taken that some of them are official and some others unofficial. It was decided that all unofficial expenditures should be recognized and reduced or be omitted. There is no reason for receiving unofficial expenditure.
About official expenditures, he said that based on mutual measure, the figures are received in Iran that some of them are official and some other unofficial. If our friends in Afghanistan have tendency to reduce official expenditures, we also reduce this expenditure.
It was decided a joint commission be formed to recognize these expenditures and take step for reduction of them. Hinting to tri-partite transit agreement among Iran, India and Afghanistan for expansion of transit relations, minister of road and urban development of Iran said that the agreement of Chabahar port practiced well and now, established new corridor. For example: the consignments of wheat that sent by India to Afghanistan have been evacuated in Chabahar port and transferred. Within recent few days, the grain consignment was transferred from India to Afghanistan via Chabahar port. He continued transit among India, Afghanistan and Iran is continuing in its full-swing. We are ready to allot logistical possibilities either in Chabahar port or Caspian Sea or other sea and land ports. Minister of road and urban development of Iran hinting to road transportation, said that except discussing on railway, we are interesting the road transportation be expanded to Farah province as well. There are good pivots in Afghanistan that be definited and we can mention to highway of Kabul-Doqharon, Meshad-Farah, Iran port and second bridge of Milak. We demand from Afghanistan government to proclaim its agreement as soon as possible about construction of second bridge of Milak so that we adopt measure in connection with easing of transportation. This is in a time that fortunately, today Afghanistan did to have good commercial ties with a number of regional countries and prepare good opportunities for the growth and expansion of economy of the country.
Shukria Kohistani
 

Tuesday August 7, 2018

Kabul (BNA) Ministry of Energy and Water signed the contracts of 7 welfare projects at the cost of 226 million Afghanis the other day.
According to BNA report, Eng. Mohammad Gul Khulmi deputy and acting minister of ministry of energy and water, while signing the contracts said, 3 projects at the cost of 157 million Afghanis funded by World Bank will be implemented in Balkh, Kandahar and Paktia provinces and 4 other projects at the sum of 69 million Afghanis funded by government of Afghanistan.
By implementation of the projects 100,000 acres of lands will be irrigated and work opportunities to be provided for hundreds families, Khulmi added.
M.A.Ansari
 

Monday August 6, 2018

Kabul (BNA) Memorandum of Understanding (MoU) has been signed to ease trade between Afghanistan and Kazakhstan.
Officials for ministry of commerce and industries have reported that an agreement was signed the other day for creating transit facilities between Afghanistan and Kazakhstan. Currently, trade between the two countries reaches to nearly $600 million. Kazakh officials say investors from Kazakhstan have visited Afghanistan and are eager to invest in the country. Ministry of commerce and industries says the respective pre-condition document will be for expansion of trade and transit relations between Afghanistan and Pakistan. Meanwhile, a number of traders and owners of industries are stressing on further expansion of trade relations and investment with Kazakhstan. Yasin, who is owner of food and logistics companies in Kabul, told that most of imported stuffs were from Kazakhstan and Afghans were also good purchasers of these stuffs. He asked Afghanistan government in particular ministry of commerce and industries to further expand its trade relations with Kazakhstan and ease trade for Afghan traders so that they could expand their trade relations with other countries of Central Asia. It is said that World Trade Organization (WTO) with close cooperation of EU will ease trade and transit between Afghanistan and Kazakhstan. It is determined that a joint meeting of traders and representatives of Afghanistan and Kazakhstan will be soon held in Astana, capital city of Kazakhstan.
Over 30 representatives of government and the private sector attended the meeting in Kazakhstan on Saturday. At this meeting, officials from the Ministry for Investment and Development of Kazakhstan said Kazakh investors are keen to invest in Afghanistan. Zakia, representative of Afghanistan Women Chambers of Commerce and Industries, hopes that the meeting will resolve most of problems of Afghan traders. Head of Afghanistan Chambers of Commerce and Industries Rahimullah Samandar says Kazakhstan is a country which we have lots of trade with it and we are trying to provide some trade facilities between the two countries.
Addressing of visa problems between the two countries, solving problem in customhouses bordering the two countries and preparing the ground for using Trade International Road (TIR), expansion of railway and other relevant issues will be discussed between officials of the two countries in the joint meeting to be soon held in Kazakhstan. It is worth mentioning that Kazakhstan is one of the region’s largest exporters of wheat and wheat flour and holds grain reserves that are of major strategic importance for the continent. While Afghanistan has trade relation with Kazakhstan in the past, this is the first time the high-level discussions are taking place between Afghan and Kazakh officials regarding providing trade facilities between the two countries.
Shukria Kohistani
 

Sunday, August 05, 2018

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              72/25       Afs
One Pound Sterling                                            93/30       Afs
One Euro                                                            83/35      Afs
One Emirate’s Dirham                                       19/70       Afs
One Thousand Pakistani Rupees                           591       Afs
One Thousand Indian Rupees                              1060       Afs
One Thousand Iranian Rupees                            07/20       Afs
 

Page 5 of 362