29 June 2017

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Economic

Tuesday, May 16, 2017

Kabul (BNA) Ashraf Ghani President of Islamic Republic of Afghanistan says focusing attention on building the borders of the country; they should change in to the center of free trade and regional investments should be drawn for the purpose.
BNA financial analyst commenting on the issue writes President Ghani in High Economic Council’s meeting insisting on effective management of all the borders of the country said, “ repairmen all borders of the country is a need, and based on our commitments made in Brussels, all borders should manage in specific framework in order to prevent, losing the incomes. He added, ensuring the security is of great importance, the complaints of all businessmen should be settled in that regard.”
President, continued to say that all borders of the country should be set under a specific program, their intractable expansion should prevented and focusing attention of building the borders, we should make our county the commercial center of Asia and attract regional investments.
President Ghani has expressed the statements in a time, the countries of the region have understood about the geographical importance of Afghanistan and the role of this country in development of commerce and economy of the countries of the region. If today, some countries politically cooperated Afghanistan and certain countries creating problems disrupt the situation of the country, closely depends in to geopolitical location of Afghanistan. This indicate that there are countries for achieving their major political and economic objectives have preferred competition and creating tension in Afghanistan rather than cooperation and coordination. But the recent developments in economic relations among the countries of the region demonstrate that although Islamic Republic of Afghanistan is fighting against a proxy war launched by foreign intelligence services but at same time, has put serious attention on launching big economic projects in the country and in the region and practically working in that end. 
Cooperation of Afghanistan with Iran and India in building Chahbahar Iran border, participation in CASA – 1000 project, establishing an aerial corridor between Afghanistan and India, TAPI, beginning transit cooperation among Afghanistan, Georgia and Turkey via Turkmenistan, establishing a railroad that connect Afghanistan, Tajikistan and Turkmenistan are the examples of great economic projects in level of region are constructing with participation of Afghanistan.
Presently regional cooperation is an effective way for settling the problems the countries of the region suffering. The Chinese initiative that has showed readiness to invest 124 b dollars for reconstruction of Silk Road indicates that tendency toward regional cooperation is increasing.
It would be too good, if other countries like China and Afghanistan think about changing the region in to a great commercial center and avoiding all illegal political and economic rivalries, join hands to overcome all challenges that threat the life of people not only in the region but entire world.
Abdul Khalil Minawi
 

Tuesday, May 16, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/15 afgs                           
One Pound Sterling                              87/40 afgs                         
One Euro                                              74/60afgs                        
One Emirate’s Dirham                         18/50 afgs                          
One Thousand Pakistani Rupees          638afgs                        
One Thousand Indian Rupees               1040 afgs             
One Thousand Iranian Rupees              17/90 afgs                       

Tuesday, May 16, 2017

Kabul (BNA) Afghanistan and China on Monday signed an agreement on customs cooperation on the sidelines of the “One Belt, One Road” economic cooperation forum in Beijing.
The Ministry of Finance said Ahmad Reshad Popal, director-general of customs, and China’s Minister of General Administration of Custom Yu Guangzhou the accord, enabling the neighbors to work together on simplifying custom process.
A statement from the ministry said the two nations would also cooperate on mental medicine and chemical raw materials, common fight against drug, information-sharing and an exchange of experiences.
“The government of Afghanistan appreciates this agreement and sees it as a new step in Sino-Afghan relations.  Implementation of this agreement will facilitate trade relations between Afghanistan and China and play a positive role in national revenue increment” hoped Finance Minister Eklil Hakimi.
“This agreement will benefit both countries,” said Popal, called it a major step toward increasing national revenue, access to quality business items, fighting corruption, enhancing the capacity of custom and simplifying processes.
 

Monday, 15, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/15 afgs                           
One Pound Sterling                              87//20 afgs                         
One Euro                                              74/20afgs                        
One Emirate’s Dirham                         18/35 afgs                          
One Thousand Pakistani Rupees          639afgs                        
One Thousand Indian Rupees               1040 afgs             
One Thousand Iranian Rupees              17/95 afgs                       

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