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Category Archives: Economic News

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US exempts Iranian port from sanctions, citing Afghan economy

7th November, 2018 · admin

Press TV November 6, 2018 The United States has approved a sanctions exemption for Iran’s southeastern port city of Chabahar, citing Afghanistan’s economy. Secretary of State Mike Pompeo signed off on the exception Tuesday, a day after the Trump administration imposed sanctions against Tehran. “After extensive consideration, the secretary has provided for an exception from

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations, US-Afghanistan Relations | Tags: Chabahar |
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Afghanistan Opens Air Trade Corridor with China

6th November, 2018 · admin

Ayaz Gul VOA News November 6, 2018 ISLAMABAD — Landlocked Afghanistan has opened its first direct air link with China, dispatching 20 tons of pine nuts on the inaugural cargo flight. Afghan President Ashraf Ghani and senior Chinese diplomats attended the special ceremony Monday in Kabul, hoping the air corridor will lead to increased Afghan exports

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Posted in China-Afghanistan Relations, Economic News |
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Frantic Shopkeepers Move Stock As Fire Rips Through Market

2nd November, 2018 · admin

Tolo News: Desperate shopkeepers were on Thursday night trying to save their goods as a fire raged through an electronics market area in Kabul city.  The fire started at about 6pm local time and was still not under control by 9pm.  The fire first started in Khairkhwah Market Building in Nadir Pashtun Street in Kabul’s PD1

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Posted in Economic News, Other News | Tags: Kabul |
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China, Pakistan Seeking CPEC Extension to Afghanistan

2nd November, 2018 · admin

Ayaz Gul VOA News November 1, 2018 ISLAMABAD — China and Pakistan say they are exploring the extension of their bilateral infrastructure development project to Afghanistan. During the past four years of the China-Pakistan Economic Corridor (CPEC), Beijing has provided Islamabad $19 billion in soft loans and direct foreign investments, upgrading or constructing Pakistani transportation networks,

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Posted in China-Afghanistan Relations, Economic News, Pakistan-Afghanistan Relations |
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Afghans becoming unprecedentedly pessimistic about future of country: Survey

27th October, 2018 · admin

Press TV October 27, 2018 People in Afghanistan are showing unprecedented levels of pessimism about the future of their war-ravaged country, a US survey shows, as militant attacks continue to take toll on the lives of Afghans almost every day 17 years after the US invaded the country. In a survey, whose results were published on Friday, Gallup asked Afghans of

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Posted in Economic News, Elections News, Everyday Life, Security, Taliban, US-Afghanistan Relations |
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India, Afghanistan defy US on Iran’s Chabahar plan

24th October, 2018 · admin

Press TV October 24, 2018 India and Afghanistan are pushing ahead with plans to open a new transportation corridor between the two countries via Iran’s strategic port of Chabahar despite US sanctions. New Delhi sees the port crucial to its connectivity ambitions, including access to CIS countries – a regional organization of 10 post-Soviet republics

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations, US-Afghanistan Relations | Tags: Chabahar |
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Surviving Afghanistan: Beyond War, Many Now Flee Drought

24th October, 2018 · admin

Radio Free Europe/Radio Liberty: After millions have been displaced by conflicts in Afghanistan, hundreds of thousands more now face a life-threatening drought.

Posted in Economic News, Environmental News | Tags: Displaced, drought |
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Steep fall in Pakistan-Afghanistan bilateral trade

10th October, 2018 · admin

Asia Times: Soured diplomatic relations and extensive monitoring along the Pakistan-Afghanistan border has led to a steep fall in trade between the two countries. In the last two years, more than 70% of Afghanistan’s trade has shifted to Iran, China and India. Iran is now Afghanistan’s biggest trade partner, a position held by Pakistan before 2016. Click here

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Posted in Economic News, Iran-Afghanistan Relations, Pakistan-Afghanistan Relations |
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Afghanistan bans import of saffron

7th October, 2018 · admin

1TV: Afghan government has banned import of saffron to encourage to domestic production. The ban was announced by the country’s ministry of agriculture, irrigation and livestock which said that it had requested the ban from President Ashraf Ghani who approved it. Click here to read more (external link).

Posted in Economic News | Tags: saffron |
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British Mining Venture Signs Exploration Deal in Afghanistan

6th October, 2018 · admin

Associated Press: A company founded by a London-based banker signed agreements Friday with the government of Afghanistan to explore for gold and copper in the north of the country. Centar Ltd. said it hopes to begin exploration in two sites next year and would within a year become one of the largest private-sector employers in the

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Posted in Economic News | Tags: copper, Gold, Mining, Natural Resources |
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