TALIBAN trade minister: We will go towards self-sufficiency within the next three years

“We will go towards self-sufficiency within the next three years. We will improve our trade rate as well. I am not going to promise more than this,” Azizi said.

In a TOLOnews debate, the acting Ministry of Industry and Commerce (MoIC), Nooruddin Azizi, said that Afghanistan has trade relations with 60 of the world’s countries and that most of the trade takes place with India, China, and Pakistan as well as Central Asia.
Economists Sayed Masoud and Azeraksh Hafizi as well as members of the Afghanistan Chamber of Commerce and Investment were part of the panel of TOLOnews’ debate.
“We had exports to approximately more than 60 countries. It is a fact that we have our major export to India, Pakistan and China. We are trying to target Central Asia and Russia from now on,” he said.
He said that Afghanistan is going towards self-sufficiency within the next three-years and that the Afghans will not rely on humanitarian assistance.
“We will go towards self-sufficiency within the next three years. We will improve our trade rate as well. I am not going to promise more than this,” Azizi said.
The acting Minister of Industry and Mines said that the plans are underway to improve the country’s economic and trade sector; all budgets are funded through national revenue.
Despite the challenges in issuance of visas for the traders, Azizi said that exports have increased twice compared to before.
“We need to fund our budget from national revenue. We should not need foreign assistance. So far, the budget we spent is through our national revenue,” he said.
Economist Masoud said that the lower rate of expenses inside the country caused exports to increase.
“Reduction in the level of expenses is causing an increase in exports. It means that when the expenses reduce in the country, [goods] are heading towards export. This is a theory which we are implementing practically in Kabul,” he said.
The acting Minister of Industry and Mines said that all infrastructures were destroyed and that all assets of the Central Bank were transferred to other countries while the US troops were withdrawing from Afghanistan.
- Previous world’s lowest birth rate – South Korea’s military’s new enemy: only about 125,000 men will be available for the 200,000 spots needed
- Next Ankara’s regional standing weakens: Saudies cancels the Turkish Super Cup final between Galatasaray and Fenerbahce over jerseys with Ata Turk image
You may also like...
Recent Posts
- The Kashmir crisis isn’t about territory. It’s about a Hindu victory over Islam. – The Washington Post – U.S.-based think tank: Modi-led India sees surge in anti-Muslim hate speech
- Saudi Arabia unviels a new currency symbol for Riyal
- China’s foreign ministry to the US State Department: ‘halt the smear campaign’
- Kash Patel, after winning Senate conformation vote 51-49, coming after DEI-Liberal Dems, Zelensky crooks and anti-Trump “culural warriors”
- JCS Ch.Brown and 4 others fired: Diversity vadiodates made go by Trump. General Dan ‘Razin’ Caine the new Chief
- Chinese dragon keep swimming circles in the Pasific: this time around Cook Islands
- After South Sudan, now Darfurs’ turn to get separatist: Sudanese RSF wants to carve out yet another part of Sidane into new state: with help of Emirates and Kenya
- “Modestly successful comedian” – Trump tears down Ukranian panicking clown Zelensky
- Really?! China won’t let Trump relocate Palestinians out of Gaza: FM Wang Yi
- Panicking Clown-4% keep playing his stage script: Zelensky, by accusing US, says Trump lives in ‘disinformation space’
Random news
Views
- North Korea’s New Intermediate-Range Ballistic Missile, the Hwasong-12: First Takeaways - 978 views
- Chinese military base in Djibouti necessary to protect key trade routes linking Asia, Africa, the Middle East and Europe - 956 views
- OIC, 57-nation Islamic body calls US travel ban a ‘grave concern’ - 695 views
- Goods from China start to be shipped by train to Europe: Luxembourg-Chengdu freight train route launched - 660 views
- What is wrong with JATECO Company’s business with Central Asian states!? Why Japanese standards of corporate governance and integrity in doing business are earning bad name with JATECO? - 608 views
- Kyrgyzstan actively working on start of construction of China—Kyrgyzstan—Uzbekistan railroad - 557 views
- Iran tested medium-range ballistic missile - 546 views
- Why Indians want to have white skin?! Pakistani authors thoughts. Article: The complexion of a new culture - 522 views
- China: Philippines can’t claim Benham Rise - 521 views
- Gabbard allies rush to her defense after Assad meeting - 506 views
About us
Our Newly established Center for study of Asian Affairs has
branches in Indonesia, Malaysia and Singapore, as well as freelances in some other countries.
For inquires, please contact: newsofasia.info@yahoo.com Mr.Mohd Zarif - Secretary of the Center and administer of the web-site www.newsofasia.net
Polls
