Trade Cooperation to Level up Between Afghanistan, Turkey
Afghanistan finance minister Eklil Hakimi and Turkish ambassador to Afghanistan agreed on Saturday to form a joint economic and trade commission.
Afghanistan finance minister Eklil Hakimi and Turkish ambassador to Afghanistan agreed on Saturday to form a joint economic and trade commission.
This comes after a Turkish company vowed to invest $114 million in developing projects in the country.
Afghan Finance Minister Eklil Hakimi and Turkish ambassador to Afghanistan Oguzhan Ertugrul discussed boosting bilateral ties, the joint economic and trade commission between Afghanistan and Turkey, projects funded by Turkey, and investment opportunities for Turkish firms in Afghanistan.
According to Anadolu, a joint economic and trade commission between the two countries will be established following the parties’ agreement in the near future.
This week the ministry inked a deal with a Turkish company to extend the second phase of the Kajaki Dam in the Helmand province, due to be completed within the next two-and-a-half years.
Under the deal, the Afghan state-owned power utility Da Afghanistan Breshna Sherkat (DABS) will purchase each kilowatt of electricity for 7.5 cents from the 77 Construction for 20 years after the project’s completion.
“The Turkish company will generate electricity for 20 years and then it will hand over the dam to Breshna (DABS) and the Afghanistan government,” a spokesman for the Breshna said.
It should be noted that Turkey’s largest investment in Afghanistan was related to education.
