US President Donald Trump’s decision to pull out of the Iran nuclear accord and re-impose sanctions on Tehran threatens to derail a project to help build Afghanistan’s economy, endangering a key goal of the US strategy to end America’s longest war.
New air corridors between Afghanistan and Saudi Arabia as well as Turkey will be inaugurated next amid ongoing efforts to boost the exports of the country.
Pakistan and Afghanistan have agreed to put efforts for sustainable economic relations and to take steps to formalize economic activities between the two countries.
Historically, and given the tensions in bilateral relations, dependence on the Pakistani market and trade routes has been a point of vulnerability for Afghanistan, a landlocked country. To overcome this vulnerability, Kabul has begun looking for other alternative trade and transit routes, and the trilateral agreement between Afghanistan, Iran and India on the Chabahar Port is at the heart of this pursuit.
China and India’s plan to launch a joint economic project was the major takeaway of the two-day informal Wuhan summit in China.
Afghanistan’s Badakhshan province and China’s Xinjiang province have signed a sisterhood agreement to boost economic and trade relations.
According to presidential palace statement, the National Procurement Commission (NPC) held session the other day presided over by President Mohammad Ashraf Ghani.
Da Afghanistan Breshna Sherkat (DABS) signed contracts for three power projects for Bamyan province with three separate companies on Sunday
The UAE delegation who arrived in Kabul to attend the inauguration ceremony of Shiekh Khalifa township said that their private sector is ready to invest in Afghanistan, said a president office statement.
Afghanistan’s central bank has granted a license to the Islamic Bank of Afghanistan (IBA), the first lender in the country to apply the interest-free principles of Islamic finance in all its operations.