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Category Archives: Economic News

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Afghanistan, India launch second air corridor to boost trade

27th December, 2017 · admin

Press TV / December 27, 2017 Afghan and Indian authorities have attended a ceremony to inaugurate an air route between the two cities of Kabul and Mumbai amid efforts widen to boost trade between the two neighboring countries. The Kabul-Mumbai corridor was officially launched Wednesday at the Hamid Karzai international airport in Kabul. The project

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Posted in Economic News, India-Afghanistan Relations |
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Afghanistan Opens First Ever Embassy In Greece

19th December, 2017 · admin

Tolo News: Acting Foreign Minister Salahuddin Rabbani inaugurated Afghanistan’s first ever embassy in Greece on Monday and held talks with Greek officials during his trip to Athens.  This was the first visit of a senior Afghan delegation to Greece.  Rabbani said his meetings with Greek officials were aimed at strengthening political, economic and trade ties between

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Posted in Economic News, EU-Afghanistan Relations, History | Tags: Greece-Afghanistan Relations, Salahuddin Rabbani |
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The race to mine Afghanistan

12th December, 2017 · admin

Mining Technology: The US administration is reportedly keen to develop Afghanistan’s extractive sector, having invested nearly $500m already. However, with rampant looting and occupation of mines by the Taliban and other insurgency groups, as well as corruption and stability concerns, some question the country’s readiness for foreign investment, as well the US administrations intentions. Click here

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Posted in Economic News, US-Afghanistan Relations | Tags: Natural Resources, rare minerals |
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Erik Prince’s plan for Afghanistan’s rare metals revealed

9th December, 2017 · admin · 3 Comments

Asia Times: Leaked pitch to Trump administration warns of China’s goal to control key tech resource – In a presentation given to the Trump administration, published in full by Buzzfeed on Thursday, Prince outlined a plan to privatize US military operations in Afghanistan and mine rare-earth elements in the country. In addition, Prince’s Hong Kong-listed company, Frontier

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Posted in China-Afghanistan Relations, Economic News, Security, US-Afghanistan Relations | Tags: Natural Resources, rare minerals |
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Afghanistan: Few Jobs for Educated Women

6th December, 2017 · admin · 6 Comments

IWPR: Although 25-year-old Nazia has a university degree and is desperate to find work, she spends her days at home raising chickens and tending cattle. The mother-of-three, who lives in the village of Taqi Shah in Logar’s Pul-e Alam district, said that after completing her high school education in Afghanistan she went on to graduate in

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Posted in Afghan Women, Economic News, Education | Tags: unemployment |
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Uzbek, Afghan Leaders Discuss Bilateral Ties, Regional Security

5th December, 2017 · admin

Radio Free Europe/Radio Liberty December 5, 2017 Uzbek President Shavkat Mirziyoev and Afghan President Ashraf Ghani have discussed bilateral ties and regional security at a meeting in Tashkent. Joint efforts against terrorism, extremism, and drug trafficking were also on the agenda at the December 5 talks. Officials said several documents were signed after the talks,

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Posted in Central Asia, Economic News, Security | Tags: Uzbekistan-Afghanistan Relations |
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Afghan Plane Lands In Tashkent To Start Regular Direct Flights

30th November, 2017 · admin

November 29, 2017 RFE/RL’s Uzbek Service TASHKENT — An Afghan Kam Air passenger jet landed at Tashkent International Airport on November 29 after making the first-ever direct commercial flight from Kabul to Uzbekistan’s capital. The Uzbek government said earlier that talks on starting direct flights between the two capitals were under way and that a

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Posted in Central Asia, Economic News, Travel | Tags: Kam Air, Kam Airlines, Uzbekistan-Afghanistan Relations |
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Afghan Solar Plant Wins Development Bank Backing

27th November, 2017 · admin

Bloomberg: Afghanistan will build its first 20-megawatt solar power plant in a bid to meet rising energy demand in a country that imports most of its electricity. The project in the capital will be funded by the Asian Development Bank, which is providing $45 million, according to a statement emailed on Sunday. It will be built in

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Posted in Economic News | Tags: Electricity, Solar energy |
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How to survive as a bank in Afghanistan

25th November, 2017 · admin

The Economist: Economists think of the opportunity cost of money as one reason to hold a bank deposit: rather than skulk under a mattress, cash could earn interest. In volatile, war-torn Afghanistan, neither option appeals. Money has to be kept secure somehow, but a bad bank might make off with its depositors’ money. Click here to

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Posted in Economic News | Tags: Banking |
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With Chabahar, Afghanistan is no longer dependent on Pakistan: Abdullah

15th November, 2017 · admin

PTI: Afghanistan used to rely only on one transit road, which was through Karachi. That is not the case anymore,” says Afghan Chief Executive Abdullah Abdullah. Afghanistan would no longer depend on Pakistan for transit trade with the opening of the strategic Chabahar Port, a top Afghan leader has said. Chabahar Port, located in the Sistan-Balochistan province on

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations, Pakistan-Afghanistan Relations | Tags: Chabahar, Trade |
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