22 October 2019

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Economic

Tuesday, January 31, 2012
Kabul (BNA) Iran is ready to expand its cooperation with Afghan and Iranian traders and investors. 
Therefore, a memorandum of understanding cooperation was signed on Monday between Afghan ministry of finance and Iranian ministry of economy here in Kabul. 
The agreement was signed by Afghan deputy minister and acting minister of finance and Iranian deputy minister of economy. 
While signing the agreement, acting minister of finance said, “The joint representatives of both countries discussed related to problems of the traders and other issues in the second session of economical cooperation held here in Kabul for two days. 
Both sides decided that private sectors of the two countries should be encouraged to expand the economic growth of Iran and Afghanistan by investment. 
Iranian deputy minister of economy in the signing ceremony said, “I’m sure the expansion route of Afghanistan is very clear in future and we are ready to provide all cultural, learning and technology capacities to Afghanistan.”
It is determined that the third session of the economical cooperation between Afghanistan and Iran would be held in Tehran.

Monday, January 30, 2012
Kabul (BNA) Chairman of Asian Bank and western bank met with Mince minister and promised their further assistances for development of gas pipeline sector and transferring of gas from Turkmenistan to Pakistan and India via Afghanistan. 
Iwan Marnda in his visit from Kabul met with Afghan authorities and talked on different issues like projects of Asian Bank and evaluate it. 
Wahidullah Shahrani Minister of Afghan Mince in a meeting with chairman of Asian Bank, informed him from basic reforms which implemented in that province. 
In this meeting, they discussed regarding transferring of gas pipeline of Turkmenistan, Pakistan and India via Afghanistan. 
The chairman of Asian Bank pledged further assist for development of transferring gas pipeline and rehabilitation of Sheberghan petroleum wells and other petroleum projects inside the country. 
Also, Iwan Marnda called role of Asian Bank as facilities of TAPI project and stressed on economic areas of regional countries and regional cooperation’s in this fields. 
He pledged to complete the assistances within three years. 
Translated by Suraya-Yarzada

Monday, January 30, 2012
Kabul (BNA) Jarullah Mansuri, Minister of Rehabilitation and Rural Development signed an agreement valued at USD 100,000 with the Afghan Construction Company. 
On the basis of this contract work on the first phase of potable water network of Qalae Naw of Badghis and its surrounding will start. 
The total cost of this project has been anticipated at USD14 million and Spain is committed to finance it. 
First phase of the project include digging of wells and their consolidations to be carried by this company. 
In its second phase construction of reservoir, pipeline scheme, installation of parts and direction of the pipes to the residences will be undertaken. 
With this project 60,000 people will be provided with potable water.

Saturday, January 28, 2012
Kabul (BNA) The minister of commerce and industry has enough gas and oil in its reservoirs, so the people shouldn’t concern over lack of the fuel.
Briefing the reporters in a news conference held on Wednesday, Dr Anwarul Haq Ahadi, minister of commerce and industry said, “Currently 10,000 oil and enough quantity of liquid gas are stored in the ministry’s reservoirs, so the people can buy liquid gas by 55 Afs in government stores and 60 Afs in open markets.
Ahadi stressed that those selling the gas in high price to be punished.
He added recently the price of gas had risen in Kabul city.
Therefore, minister of commerce and industry was obliged to take a step and control the price of liquid gas in the Afghan markets.
Minister of commerce asserted that minister of commerce and industry has enough quantity of gas in its reservoirs which could provide gas to Kabul residents for some months, so the people shouldn’t concern over this issue.
He said the minister has nearly 10,000 tons oil in its reservoirs, adding the ministry has bought nearly 1 million tons petroleum from Iran.
Ahadi concluded, there are 15 government fuel stations in Kabul city and ministry of commerce and industry is determined to increase the stations to 30.
It is worth mentioning that there are 150 shops in open markets, while there are 80 government shops for selling liquid gas in Kabul city.