EU inks blockbuster free trade agreement with South American nations
MONITORING (SW) – The European Union reached a blockbuster free trade agreement with Brazil, Argentina and the three other South American nations in the Mercosur
Category: Economy & Business
Donald Trump warns BRICS Countries against replacing Dollar
US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar.
Afghan products showcase at “Istanbul Helal Expo 2024”
Afghan products and local productions will be displayed in eight booths at the Istanbul Helal Expo 2024.
Rich countries pledge $300 billion for developing world to combat climate change
Richer countries have pledged to give a record $300bn (£238bn) to the developing world to help them prepare for and prevent climate change.
WB notes decline in Afghanistan’s exports
The World Bank has reported that Afghanistan’s exports in the first eight months of 2024 have decreased by 14% compared to the same period in 2023, due to various reasons, particularly the increase in taxes on Afghan agricultural products imposed by Pakistan.
Afghanistan trades 2.3 million metric tons of goods via rail in 7 months
Mohammad Ashraf Haqshenas, spokesperson for the Ministry of Public Works, has said that Afghanistan is working to expand trade with neighboring countries via railways.
ILO and UNHCR ink deal to create jobs for Afghan returnees
The International Labour Organization (ILO) and the United Nations High Commissioner for Refugees (UNHCR) have announced the signing of a memorandum of understanding to create job opportunities for returnee migrants from other countries to Afghanistan.
Trump, trade worries cloud COP29 climate summit
The annual UN climate summit has begun with nations preparing for tough talks on finance and trade, after a year of weather disasters that have emboldened developing countries in their demands for climate cash.
Trump’s return to power soars Bitcoin value to new heights
Bitcoin has soared to a new record high as traders bet that Donald Trump’s return to the White House will be good for the cryptocurrency.
IE commerce ministry says it is eyeing all avenues to boost trade
The Ministry of Foreign Affairs of India has announced that its delegation, in meetings with officials of the Islamic Emirate in Kabul, discussed not only providing humanitarian aid to Afghanistan but also how Afghanistan can utilize the Chabahar Port of Iran.
Lack of storage facilities hampers the fruits of hard labour in Maidan Wardak
The shortage or complete absence of standardized cold storage facilities is a major challenge for Afghanistan’s agricultural sector. This issue leads to fruits and other agricultural products spoiling or being sold at very low prices in local and foreign markets.
Afghanistan’s trade with China touches $548 million in 9 months
On the heels of relatively good relations between the Islamic Emirate and China, the two governments have recently been working to further improve their trade and economic ties, officials said.
