Business & Economics

The prices of cooking oil, flour, and fuel declined, while gold surged in the outgoing week in Kabul, market sources said on Saturday.

Afghan traders, led by the Deputy Minister of Commerce and Industry, have agreed to sign direct contracts with major pharmaceutical manufacturers in Bangladesh and to import medicines from the country to Afghanistan.

A Chinese consortium, Afghan Yuchang (AYCC) Investment Company, plans to invest in generating nearly 400 megawatts of electricity from coal in Kabul and northern Takhar province.

The Ministry of Finance (MoF) on Wednesday announced that medicines imported from neighbouring Pakistan will no longer be processed in Afghanistan after February 9, urging traders to complete all related commercial transactions before the deadline.

The Afghan Deputy Minister of Industry and Commerce and his Bangladeshi counterpart have agreed to organise joint exhibitions, appoint commercial attachés in both countries and establish a joint committee to address barriers to trade.

A three-day exhibition showcasing domestic products has commenced in the northwestern Nimroz province, aimed at supporting local producers and promoting Afghan goods.

After the publication of a Pajhwok report on Zeb-ul-Nisa, the founder of a tailoring workshop in northern Jawzjan, the province’s Women’s Chamber of Commerce has extended support to her and provided training and advisory opportunities.

Deputy Minister of Commerce and Industry Mawlawi Ahmadullah Zahid travelled to Bangladesh on Sunday as head of a delegation aimed at expanding trade and economic ties.

Local officials in western Herat province have begun distributing international vehicle number plates to taxis, buses and cargo trucks operating between Afghanistan and Iran.

The prices of cooking oil, sugar, diesel and liquefied gas surged, while petrol and Arabic gold declined in outgoing week in Kabul, market sources said on Saturday.

The Ministry of Transport of Uzbekistan has announced that the country has resolved key organizational issues related to the Afghan–Trans Railway project and work is now underway to prepare a feasibility study for the initiative.

To ensure urban order, the Nangarhar Police have designated specific routes and areas for rickshaw traffic in Jalalabad city of eastern Nangarhar province and warned that legal action will be taken against violators.