Trade
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Afghanistan Among Countries With Highest Transport-Corridor Investment Relative to GDP
DID Press: Afghanistan is among the countries where planned and ongoing investment in transport-corridor development represents the largest share of national economic output, according to the Eurasian Development Bank (EDB). The EDB’s Eurasian Transport Network assessment says Afghanistan, Kyrgyzstan and…
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Torkham Closure Costs Pakistan Economy $2.5 Billion, Chamber Says
DID Press: The prolonged closure of the Torkham border crossing with Afghanistan has caused an estimated $2.5 billion in losses to Pakistan’s economy, according to Yusuf Afridi, president of the Khyber Chamber of Commerce and Industry. Afridi said the losses…
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Brent Crude Climbs Above $95 as US-Iran Tensions Escalate
DID Press: Brent crude oil prices surged on Wednesday as renewed military tensions between the United States and Iran heightened concerns over potential supply disruptions in the Middle East and shipping through the Strait of Hormuz. Reuters reported that Brent…
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US Threatens More Tariffs Against Canada as Trade Tensions Escalate
DID Press: U.S. Trade Representative Jamieson Greer has signaled that Washington could impose additional tariffs on Canadian imports as trade tensions between the United States and Canada continue to escalate. Greer said President Donald Trump has multiple options available to…
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Mike Adams Challenges Trump’s Claims Over US Control of Strait of Hormuz
DID Press: Mike Adams, a controversial U.S. writer and media personality, has challenged President Donald Trump’s claims that the Strait of Hormuz has been cleared of mines and that commercial shipping through the strategic waterway is returning to normal. Adams…
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Herat Exports Surge 68% to $90.9 Million
DID Press: Exports from Afghanistan’s western Herat province reached $90.88 million in the first five months of the current year, marking a 68% increase from the same period last year, according to the Herat Chamber of Commerce and Investment. More…
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Taliban: Kabul Ready for Economic Cooperation With Washington
DID Press: Taliban Foreign Minister Amir Khan Muttaqi has said Kabul would welcome U.S. investment in Afghanistan’s mining, infrastructure, agriculture and trade sectors, signalling that the Taliban authorities are seeking to expand economic engagement with United States. In an interview…
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Afghanistan, Uzbekistan Sign 20 Trade Agreements Worth $3.8 Million
DID Press: Afghanistan and Uzbekistan have signed 20 trade agreements between private-sector businesses worth a combined 267 million Afghanis, the Taliban-run Ministry of Industry and Commerce said. The agreements cover a range of sectors, including food products, clothing, construction, livestock,…
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Pakistan Approves $3.5 Billion Chinese-Funded Oil Refinery
DID Press: Pakistan’s Ministry of Planning and Development has approved the construction of a major oil refinery in the Dhabeji area near Karachi, backed by $3.5 billion in Chinese investment. The project will be developed under the China-Pakistan Economic Corridor…
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Mirziyoyev: Uzbekistan Will Continue Its ‘Constructive’ Policy Toward Afghanistan
DID Press: Uzbek President Shavkat Mirziyoyev has described Afghanistan as a “close neighbor” and reaffirmed Tashkent’s commitment to continuing what he called a “constructive and resolute” policy toward Kabul. Speaking at celebrations marking the 35th anniversary of Uzbekistan’s independence, Mirziyoyev…
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