Pajhwok findings show that compared to the beginning of the current solar year 1404, fuel prices in the global market have decreased by five percent, but in Afghanistan they have jumped 22 percent despite the afghani rising by 4.6 percent against the US dollar. Some analysts say that fuel prices have increased in Afghanistan because More
The Ministry of Finance says that over the past three months, the Directorate of Petroleum Quality and Inspection has returned 424 tankers of substandard petroleum products from various customs points. According to the ministry’s statement, 397 of the rejected tankers contained diesel and 23 contained petrol, all returned from Nimroz port. An additional four petrol More
Local officials in southern Kandahar say that obstacles set up by Pakistan at the Spin Boldak–Chaman crossing have left thousands of commercial and other vehicles stranded, causing significant losses and difficulties for traders and travelers. Hafiz Haqmal, Information Officer of Spin Boldak district, said the Pakistani side frequently creates obstacles and excuses that hinder the More
The Trump administration has announced it will revoke the sanctions waiver previously granted to Iran’s Chabahar Port, media reports aid on Friday. The new sanctions on the strategically located port will take effect from September 29, around ten days from now, The Indian Express reported. Although the move is primarily aimed at increasing pressure on More
The Kremlin announced that the leaders of the BRICS member countries held an extraordinary online meeting to discuss the trade policies of US President Donald Trump and the current global economic situation. Sputnik Russia, quoting a Kremlin statement, reported that the meeting was held on Monday at the initiative of Brazil’s President Luiz Inácio Lula More
About 15 tonnes of unusable lemons imported from Pakistan were denied entry at Torkham crossing in eastern Nangarhar province, a press statement said on Sunday. In a statement, the Agriculture, Irrigation and Livestock Department wrote the lemons were infected with pests and were returned to Pakistan by the quarantine management. Head of Agriculture Maulvi Mohammad More
The Ministry of Commerce and Industry (MoCI) says exports of four Afghan agricultural products to Pakistan under a new preferential tariff agreement officially begin today, following recent bilateral negotiations and agreements. According to the Afghan Embassy in Pakistan, a preferential trade agreement was signed last week between the commerce ministries of the two nations. Under More
US President Donald Trump has signed an executive order reimposing tariffs ranging from 10 to 41 percent on imports from dozens of countries. Separately, Trump also signed an executive order late Thursday increasing tariffs on certain Canadian goods. The White House accused Ottawa of failing to “cooperate in curbing the ongoing flood of fentanyl and More
The United States and the European Union have reached new trade agreement just days before the US was scheduled to implement higher tariffs on European imports, easing rising tensions between the two economic powers The deal was finalized following a meeting on Sunday between US President Donald Trump and European Commission President Ursula von der More
Amid a summit of BRICS leaders in Brazil, President Donald Trump has announced the United States will impose a 10% tariff on countries aligning with what he called “Anti-American policies.” In opening remarks at the BRICS summit in Rio de Janeiro, Brazil’s President Luiz Inácio Lula da Silva likened the group to the Cold War-era More
