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Category Archives: Economic News

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Pakistani exports to Afghanistan fall by 27pc

25th June, 2016 · admin

The News International: The current financial year proved to be sluggish for Pakistan’s trade with Afghanistan as its exports to the neighbouring country in terms of value fell by 27 percent while its imports increased considerably. Collector Model Customs Collectorate (MCC) Peshawar, Qurban Ali Khan confirmed here Friday that the fall in bilateral trade, decline in Pakistani

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Posted in Economic News, Pakistan-Afghanistan Relations |
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Afghanistan To Increase Fruits, Vegetables Exports To Russia

24th June, 2016 · admin

Tolo News: Afghanistan Chamber of Commerce and Industries (ACCI) said Thursday that the country will export nearly 300,000 tons of fresh fruits and vegetables to Russia as Moscow has applied customs duty exemption on Afghan products. The ACCI said Afghan businessmen are trying to use the opportunity and rise their exports to Russia. Click here to read

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Posted in Economic News, Russia-Afghanistan Relations |
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Growing poppies a detested yet profitable business for farmers in southern Afghanistan

21st June, 2016 · admin

Xinhua: “I hate poppies and the drug trade but poverty and my dire need for money have forced me into this lucrative business and I can earn a relatively good income and support my family from farming the plant,” a farmer in the southern Kandahar province, Sadiq Agha, 55, told Xinhua recently. Click here to read

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Posted in Drugs, Economic News |
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Pakistan Reopens Main Border Crossing With Afghanistan After Fighting Subsided

18th June, 2016 · admin

VOA News / June 18, 2016 Ayaz Gul ISLAMABAD – Pakistan reopened the busy Torkham border crossing with Afghanistan for traffic Saturday, a week after deadly clashes between the two countries prompted the closure, stranding thousands of travelers and trade convoys on both sides. Pakistani officials say Afghans with valid travel documents are being allowed to

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Posted in Economic News, Pakistan-Afghanistan Relations | Tags: Durand Line, Hekmat Karzai, Torkham |
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The Changing Face Of Kabul: After Years Of Foreign-Fueled Growth, An Uncertain Future

15th June, 2016 · admin

Radio Free Europe/Radio Liberty: On the eastern edge of Kabul is a modern housing development that once embodied everything the city hoped to become as international aid and investment poured into the Afghan economy. The neat rows of trim bungalows and towering villas, dotted with a high-rise complex and a new mosque, went up quickly, with

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Posted in Economic News, Reconstruction and Development |
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65 trucks of illegally extracted Lapis Lazuli seized by Afghan forces

9th June, 2016 · admin

Khaama Press: Afghan security forces have seized at least 65 trucks of Lapis Lazuli illegally extracted from a mine in northeastern Badakhshan province of Afghanistan. A spokesman for the Ministry of Interior Sediq Sediqi told reporters Wednesday that the police forces are doing their best to prevent the illegal extraction of Lapis Lazuli. Click here to read

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Posted in Economic News | Tags: lapis |
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Afghanistan, Turkey Sign Kajaki Dam MoU

7th June, 2016 · admin

Tolo News: The Afghan Minister of Energy and Water and a Turkish company on Tuesday signed a Memorandum of Understanding (MoU) for the extension of the Kajaki Dam in Helmand. The hydropower dam currently produces 33 megawatts of electricity but once extended it will provide up to 150 megawatts. Click here to read more (external link). Related

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Posted in Economic News, Reconstruction and Development | Tags: Electricity, Helmand, Kajaki Dam, Turkey-Afghanistan Relations |
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Study Finds Afghan Lapis Driving Conflict

6th June, 2016 · admin

Tolo News: A new investigation has revealed how Afghanistan’s multi-billion dollar lapis mines are driving corruption, conflict and extremism in the country. According to Global Witness the Taliban and other armed groups are earning up to $20 million USD dollars a year from Afghanistan’s lapis mines. In a statement issued by Global Witness it said: “As a result,

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Posted in Corruption, Economic News, Security, Taliban | Tags: lapis |
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‘Soft power’ not enough to serve India’s foreign policy goal in Afghanistan

5th June, 2016 · admin

First Post: India’s Afghan policy, which is marked by its soft power projections in that country, has remained unchanged since the Vajpayee-era. The policy got a huge boost during the Manmohan Singh regime. Modi is continuing this legacy. The basic premise behind this policy has been that as the Western countries led by the United States

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Posted in Economic News, India-Afghanistan Relations |
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Indian PM Inaugurates ‘Friendship Dam’ in Afghanistan

4th June, 2016 · admin

VOA News Ayesha Tanzeem June 4, 2016 ISLAMABAD—Indian Prime Minister Narendra Modi inaugurated a dam in Afghanistan’s western Herat province Saturday that had been 40 years in the making due to war and upheaval in the country. The Salma Dam, referred to as the Afghanistan India Friendship Dam by both countries, is built with $300

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Posted in Economic News, India-Afghanistan Relations, Reconstruction and Development | Tags: Herat, Salma Dam |
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