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Category Archives: Economic News

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Turkmenistan building railway to Afghanistan

17th August, 2016 · admin · 2 Comments

Trend: The Turkmenistan-Afghanistan-Tajikistan (TAT) railway, which is under construction, is intended to stimulate trade ties between countries of the region, the Turkmen government said in a message. The first phase of the project envisages construction of two railway sections: a 85-kilometer Atamyrat-Imamnazar line in Turkmenistan and a 38-kilometer line from Imamnazar to the Andkhoy village in Afghanistan.

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Posted in Central Asia, Economic News | Tags: Trade, Turkmenistan-Afghanistan Relations |
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Afghanistan’s first co-working space ‘Daftar’ fuels startup dreams

17th August, 2016 · admin · 1 Comment

The Economic Times: Currently Daftar houses four startups and Fatimie says the co-working space is in negotiation with another three to join. ACE also has a small start up fund/micro venture fund to help the startups. Big marquee VCs and investors are missing, which means no Sequoia, Accel or Tiger, and it is mainly donor fundings

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Posted in Economic News, Reconstruction and Development, Science and Technology |
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WTO’s membership opportunity for Afghanistan to revive economy

13th August, 2016 · admin · 10 Comments

KABUL, Aug. 13 (Xinhua) — After years of negotiations, Afghanistan which applied for the membership of World Trade Organization (WTO) in 2004 finally entered the world trade body and become the 164th member of the entity in late July. Welcoming the step as a good omen and a unique opportunity towards economic reviving of the

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Posted in Economic News |
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Iran, Afghanistan Economic Conference Underway In Tehran

10th August, 2016 · admin · 1 Comment

Tolo News: The fifth meeting of the Afghanistan and Iran Economic Commission kicked off on Tuesday in Tehran where discussions centered around bilateral cooperation on customs issues, energy, transport and educational scholarships. In the meantime a number of economic analysts say that Afghanistan will find its way to global markets through Iran and that Afghan officials need

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Posted in Economic News, Iran-Afghanistan Relations |
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Iran, Afghanistan reach new customs deal

9th August, 2016 · admin · 1 Comment

Mehr News Agency August 9, 2016 TEHRAN, Aug. 09 (MNA) – Heads of Iranian and Afghan customs offices have entered into a preliminary agreement for creation of a transit-oriented green customs path.The agreement was reached during a meeting in Tehran between Deputy Economy Minister and the Head of Islamic Republic of Iran’s Customs Administration (IRICA)

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Posted in Economic News, Iran-Afghanistan Relations | Tags: Chabahar |
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No ban on Pakistani currency in Afghanistan

8th August, 2016 · admin

Business Recorder: The Afghanistan Government has imposed no ban on holding of Pakistani currency in Afghanistan, the Finance Ministry said here on Monday. Click here to read more (external link).

Posted in Economic News, Pakistan-Afghanistan Relations |
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Afghanistan’s security, Iran’s core policy: Zarif

6th August, 2016 · admin · 2 Comments

Press TV August 6, 2016 Iranian Foreign Minister Mohammad Javad Zarif says progress and security of Afghanistan are among the Islamic Republic’s core policies. In a meeting with Afghanistan’s National Security Advisor Mohammad Hanif Atmar in Tehran on Saturday, Zarif added that the Iranian and Afghan people enjoy cordial relations. “Afghanistan is a friend neighbor

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Posted in Economic News, Iran-Afghanistan Relations, Security | Tags: Chabahar, Mohammad Hanif Atmar |
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Fire devours business center in Kabul

4th August, 2016 · admin

KABUL, Aug. 4 (Xinhua) — A business center in the western edge of Afghan capital Kabul city caught fire on Thursday, inflicting millions of U.S. dollars to those having shops there, eyewitnesses and shop owners said. “I have lost what I had in my shop,” a shopkeeper Abdul Hamid told Xinhua. According to eyewitnesses, the

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Posted in Economic News |
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Gen. Raziq’s ban on Pak Rupees and reduction in Dollar rates in Kabul

4th August, 2016 · admin · 2 Comments

Khaama Press: The provincial police chief of the southern Kandahar province General Abdul Raziq has reportedly put a ban on Pakistani Rupees in southern Kandahar province of Afghanistan. In the meantime the Dollar rates against the Afghani currency witnessed an unprecedented reduction in the main exchange market of Kabul city, Sarai Shahzada – Shahzada Market, today. Click

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Posted in Economic News, Pakistan-Afghanistan Relations | Tags: Abdul Raziq, General Abdul Raziq |
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Afghanistan Still Hasn’t Recovered from the Soviet Invasion

1st August, 2016 · admin

The National Interest: After the Soviet Union’s withdrawal in 1989 and the ending of financial assistance in 1992, Afghanistan descended into financial oblivion. The very foundation of Afghanistan’s economic system and livelihood prior to the Soviet Union’s intervention was primarily dependent on muscle labor and rural subsistence farming. The subsequent invasion wrecked a system of living

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Posted in Economic News, History, Russia-Afghanistan Relations |
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