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Afghanistan Opens New Mining Areas To Int’l Investment

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In a keynote address at the Afghanistan Mining Investment Forum convened by INVEST, a global initiative of the US Agency for International Development (USAID) to mobilize private investment in partner countries, Afghan Minister of Mines and Petroleum Nargis Nehan announced 43 new large and small-scale mining projects available for private sector investment and development. The projects span a number of ... Read More »

Minister Vows To Increase Afghanistan’s Exports

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As part of the Afghan government’s accountability assessment, some cabinet ministers at a ceremony in Kabul on Wednesday briefed media about their activities of the last year. Acting Minister of Industry and Commerce, Ajmal Ahmadi, said Afghanistan’s exports will exceed $1.5 billion next year while according to him, it was at least $900 million this year. “We have focused our ... Read More »

Afghanistan, Belarus Sign Bilateral Trade Agreement

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An MoU on bilateral trade and economic cooperation was signed between senior officials from Afghanistan and Belarus. “The Republic of Belarus is ready to cooperate with Afghanistan in areas of export of machinery, agriculture, joint investments and expansion of trade relations,” said Pavel Utiupin, the Minister of Economy of Belarus, at the signing ceremony. Afghan Economy Minister Mustafa Mastoor said ... Read More »

ADB Predicts Afghan Economic Growth 2.5% This Year

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A new report released by the Asian Development Bank (ADB) shows that Afghanistan’s economic growth will be around 2.5 percent during the current year. The ADB report shows that Afghanistan’s economic growth will be three percent in 2020. “Our outlook for 2019 is that economic growth will grow from 2.2 in 2018 to 2.5 percent. We expect the improved economic ... Read More »

Pakistan’s cement exports to Afghanistan decline

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Pakistan ’s cement exports to Afghanistan fell to 24 percent this year from more than 54 percent in 2007, a media report says. The decline was linked to Kabul ’s decision on opening its doors to other countries. Read More »

‘UK tax fraudsters funded Al-Qaeda in Pakistan, Afghanistan’

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A British Asian gang of fraudsters may have been involved in misusing billions of pounds of British tax-payers money to fund terrorist networks in Pakistan and Afghanistan, claims a UK media investigation based on police and intelligence files. The gang, based in London, Buckinghamshire, Birmingham, north-west England and Scotland, is alleged to have sent 1 per cent of its gains ... Read More »

Govt To Seek Major Loans From IMF To Fund Key Projects

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The Afghan government is drafting plans to seek some major loans from the International Monetary Fund to finance some of the country’s important projects, President Ashraf Ghani acknowledged at a ceremony on Saturday evening. Ghani said the international assistance to Afghanistan is only a source, but he clarified that the aid will “never” take the country to lasting prosperity. The ... Read More »

MoU Signed for $631mn Power Transmission Project and Sheewa Dam

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The Afghan government signed a Memorandum of Understanding (MoU) for the implementation of a power transmission project and construction of Sheewa Dam in Badakhshan province in Char chinar Palace. Funded by Aga Khan Fund, the USD 631 million contracts are going to fulfill the electricity needs of the province for the next 30 years. The MoU was signed by the ... Read More »

Afghanistan summons Pak diplomat over Pak PM’s remarks

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The Afghan Foreign Ministry summoned on Saturday a senior official from Pakistan’s embassy here over Pakistan Prime Minister Imran Khan’s statement which has been taken as interference in internal affairs by Kabul. “The Ministry of Foreign Affairs of Afghanistan summoned the counsellor of the Embassy of the Islamic Republic of Pakistan in Kabul over the recent remarks by Pakistan’s Prime ... Read More »

Customs revenue target realization discussed in Kabul

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KABUL (Pajhwok): Acting Finance Minister and Chief Advisor on Infrastructure to the President on Wednesday held a meeting with provincial customs authorities on realizing the revenue target. A statement from the Ministry of Finance said Deputy Minister of Finance for Customs and Revenue was also present at the meeting. They discussed collection of revenue in a transparent way and completion ... Read More »

Narcotics factory, weapons depot destroyed in Helmand

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KABUL: National Directorate of Security (NDS) on Sunday said Afghan Special Forces destroyed a drug factory and a weapons depot belonged to the Taliban in Marja district of southern Helmand province. A statement from the NDS received by Pajhwok Afghan News said that Afghan Special Forces launched an operation in Marja district of Helmand. The source said that a narcotics ... Read More »

Kunduz transport department’s profit jumps 31pc

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KUNDUZ CITY: Transport officials in northern Kunduz province say their department’s revenue recorded a 31 percent increase during the outgoing solar year. However, local residents say they’re not satisfied with transport services. Sayed Jawad Jalali, Kunduz transport director, told Pajhwok Afghan News that the Ministry of Finance had set them 13 million afghanis target, but they collected more than 18 ... Read More »

Nearly 14.6 bn afghanis collected in telecom tax so far

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KABUL: The Ministry of Telecommunications and Information Technology (MCIT) signed Real Time Data Management System (RTDMS) system for collection of mobile phone users’ tax, the Presidential Palace said. The Presidential Palace in a statement said nearly 14.6 billion afghanis had so far been collected in tax on mobile phone users since the tax collection went into effect three years ago. ... Read More »

Narcotics factory, weapons depot destroyed in Helmand

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KABUL (Pajhwok): National Directorate of Security (NDS) on Sunday said Afghan Special Forces destroyed a drug factory and a weapons depot belonged to the Taliban in Marja district of southern Helmand province. A statement from the NDS received by Pajhwok Afghan News said that Afghan Special Forces launched an operation in Marja district of Helmand. The source said that a ... Read More »

Afghanistan launches new export route to India through Iran

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Afghanistan began exports to India through an Iranian port on Sunday, official said, as the landlocked, war-torn nation turns to overseas markets to improve its economy. Officials said 23 trucks carrying 57 tonnes of dried fruits, textiles, carpets and mineral products were dispatched from western Afghan city of Zaranj to Iran’s Chabahar port. The consignment will be shipped to the ... Read More »

Afghan migrants suspected of terrorism links, smuggling

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Six Afghan migrants suspected of links to terrorism and people trafficking have been detained in Bosnia since the beginning of the year, the country’s service for foreign affairs said on Tuesday. The six are among more than 25,000 migrants and refugees, most from Pakistan, Afghanistan, Iraq or Iran, who have entered Bosnia since January 2018 after other states, notably European ... Read More »

10 suspected militants and smugglers captured in Nangarhar, Afghanistan

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Suspected militants and smugglers stand handcuffed after being captured in Jalalabad city, the capital of Nangarhar province, Afghanistan, Security forces have arrested 10 persons on charge of involvement in militancy, smuggling arms and drug trafficking in the eastern Nangarhar province, provincial governor Shah Mahmoud Miakhil said Sunday. Read More »

Traders at Hairatan port complain of high train fare

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MAZAR-I-SHARIF: Traders in northern Balkh province commend facilities at the Hairatan port but complain about high fare of the rail service with Uzbekistan against imports and exports. Haji Khairuddin Mayal, an Afghan businessman, said trade relations between Afghanistan and Uzbekistan improved in recent months. He said they faced no problem importing their goods via the railway link but still some ... Read More »

Taliban to take part in ‘intra-Afghan’ talks in Moscow

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The Taliban say they will participate in what they call “intra-Afghan” talks in Moscow among prominent Afghan figures, including former President Hamid Karzai and tribal elders — but no Kabul government officials. The office of Afghan President Ashraf Ghani has criticized the meeting in the Russian capital, expected on Tuesday, as a gathering of the power-hungry. Zalmay Khalilzad, the US ... Read More »

Gwadar port to be linked thru Afghanistan to Russia

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A strategic port in Pakistan’s southwestern Balochistan province will be connected through Afghanistan and Central Asia to Russia, an official says. “Gwadar is going to be connected through Afghanistan and Central Asia to Russia. We see other regional ports as complementary to Gwadar,” a senior military official said on Thursday. Quetta Corps Commander Lt. Gen. Asim Saleem Bajwa, addressing an ... Read More »