The Kabul times, Afghanistan Trustable News Agency.
EconomicNational

Efforts to market Afghan products abroad underway

With the Islamic Emirate takeover, efforts to market Afghanistan’s domestic products in various countries have increased. In the past two and half years, various joint exhibitions of Afghan products have been held in various countries. Following the recent visit of the Islamic Emirate of Afghanistan delegation led by the country’s Acting Minister of Foreign Affairs Mawlavi Amir Khan Muttaqi to Turkmenistan, during which various issues particularly increasing trade between the two countries have been discussed, an AfghanTurkmen Business Forum and an exhibition of products from Afghan manufacturers are being held at the Chamber of Commerce and Industry in Ashgabat city, the capital city of Turkmenistan. The exhibition of Afghan products in Turkmenistan will last for three days and its purpose is to market Afghan products in Turkmenistan.15 booths in the exhibition are dedicated to Afghan women who have displayed their handicrafts and products. The companies of Afghanistan participating in the exhibition especially demonstrate their industrial and export potential. At the same time, at the TurkmenAfghan Business Forum, held within the framework of the exhibition, businessmen from the two countries are holding talks that promote mutual economic cooperation. Afghanistan’s acting Minister of Industry and Commerce Nooruddin Azizi, who is leading the Afghan businessmen to Turkmenistan has said that currently, there are real and practical opportunities for investment in the mining, industry, agriculture, trade, energy, and services sectors in Afghanistan; and again, the Islamic Emirate is asking the investors of the friendly country of Turkmenistan to invest in Afghanistan in their desired sectors. Officials of the two countries and some other officials in the Afghan-Turkmen trade business connection meeting emphasized the business and trade cooperation between the two countries. The acting minister of industry and commerce of the Islamic Emirate hoped that Afghanistan could become an industrial country and emphasized the development of Afghanistan-Turkmenistan economic and trade cooperation. Meanwhile, according to the Chamber of Commerce and Industry of Turkmenistan, this exhibition will be of great importance in expanding bilateral trade and economic cooperation between Afghanistan and Turkmenistan, increasing trade turnover, and developing business cooperation with Afghan companies. The volume of trade between Turkmenistan and Afghanistan in 2023 was $457 million and reached $46 million only in January this year. The important export items of Turkmenistan to Afghanistan are oil, gas, and textiles. Afghanistan’s imports from this country have increased significantly. Turkmenistan has about 800 kilometers of common border with Afghanistan. The landlocked nature of both countries and the necessity of diversifying trade and export routes, especially the importance of gas export and the establishment of routes to transport it to consumption markets in South Asia for Turkmenistan, and the establishment of new exchange routes to the north and west for Afghanistan is the other side of the relations between the two neighbors. Mukhtar Safi

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The Kabul times, Afghanistan Trustable News Agency.