Customs clearing agents have suggested the creation of a joint Pak-Afghan trade office at Torkham. The proposed office will facilitate uninterrupted trade between between the neighbours, as well as with Central Asian republics, they argue. Aimal Shinwari, president of the Torkham Customs Clearing Agents Association, floated the suggestion at a news conference at the Landikotal More
Iran’s Economic Adviser to Afghanistan underlines that 25 percent of Afghanistan’s imports originate from Iran, with trade volumes showing significant improvement. Over $724 million worth of exports were sent to Afghanistan in the first four months of this year, marking a 28 percent increase compared to the same period last year, according to Iranian media. More
The Mines and Petroleum Department in central Panjsher province has sold 2,034 carats of emerald for $131,300, an official said on Tuesday. Mohammad Qasim Amir, director of the department, said more than 80 traders from Panjsher, Kabul, Kapisa, Balkh, Parwan, Logar, Kandahar and Nangarhar took part in the auction. He said the emeralds sold had More
Fresh fruit and vegetable exports from Afghanistan to Pakistan have been suspended for two weeks. The Afghanistan-Pakistan Joint Chamber of Commerce linked the suspension to a huge increase in customs tariffs by Islamabad. In the wake of increased customs duty on fresh fruits and vegetables, many Afghans complain, the tariff hike had made the export More
Belarus becomes the tenth full-fledged member of the Shanghai Cooperation Organisation (SCO), a media report said on Thursday. Ankasam reported the signing ceremony was held at the Independence Palace in Astana, where meetings of the Council of Heads of State of the SCO member states are held. China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan More
A delegation, headed Da Afghanistan Bank (DAB) president, has attended the 22nd annual meeting of the Islamic Financial Services Board (IFSB) Djibouti. IFSB is an international institution that adopts and disseminates the standards to improve the soundness and stability of the Islamic financial services industry. Da Afghanistan Bank, central banks of Islamic countries, Islamic banks, More
A tribal peace jirga has voiced its deep aversion to the government’s planned military operation against terrorists in Khyber Pakhtunkhwa province. Sponsored by the Imran Khan-led Pakistan Tehreek-i-Insaf-(PTI), the jirga branded the so-called Operation Azm-i-Istehkam as an attempt at seizing mineral wealth in the Pakhtun-inhabited belt. The tribal forum opposed the looming offensive at an More
Over 980 agreements worth 6.4 trillion rubles ($71.87 bln) have been reached at the St. Petersburg International Economic Forum (SPIEF). The advisor to the forum’s organising committee said: “982 agreements were signed for a total of 6.43 trillion rubles. This includes only what is not considered a commercial secret.” Anton Kobyakov told a briefing at More
Afghanistan saffron has been ranked number one in the world for the ninth time by the International Taste and Quality Institute (iTQi) in Brussels. On its Facebook page, the Ministry of Agriculture, Irrigation and Livestock (MoAIL) wrote saffron from Herat was tested in the laboratory of the institute. The ministry said every year samples were More
In a first, Afghan cargo trucks have entered Pakistan on the basis of the Temporary Admission Document (TAD). In a move to accelerate bilateral trade, Pakistan on Sunday allowed Afghan transporters with TAD entry via the Kharlachi crossing. The Pakistani embassy in Kabul had issued the document to Afghan drivers and cleaners, Dawn quoted Pakistan-Afghanistan More
