Trade
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Pakistani Politician Warns of Expanding Afghanistan-Iran Trade
DID Press: Pakistani politician and analyst Afrasiab Khattak has warned that the expansion of trade between Afghanistan and Iran could lead to changes in Afghanistan’s trade routes and reduce Pakistan’s role in the country’s commercial exchanges. Khattak was responding to…
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Carney: Canada to Rapidly Reduce Economic Dependence on US
DID Press: Canadian Prime Minister Mark Carney has announced that his country will move quickly to reduce its economic dependence on the United States, as retaliatory tariffs on about $20 billion worth of U.S. goods take effect. Carney said four…
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Delta Energy Deal Raises Questions Over Persian Gulf and Western Influence in Afghanistan
DID Press: The signing in Kabul of a major oil and gas exploration and production agreement between the Taliban’s Ministry of Mines and Petroleum and Saudi company Delta Energy has once again drawn political observers’ attention to the hidden layers…
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Iran, Afghanistan Set $10 Billion Trade Target
DID Press: Iran’s ambassador to Afghanistan said Tehran and Kabul aim to increase bilateral trade from around $4 billion to $10 billion.Alireza Bikdeli said expanding border crossings, roads and railway networks would be key to achieving the target, with much…
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Ansarullah Launches Heavy Attacks on Saudi Aramco and Military Targets
DID Press: Yemen’s Houthi movement said it had targeted several sites in Saudi Arabia in the latest wave of its attacks, including oil facilities belonging to Saudi Aramco. According to local media reports, the Jizan refinery and a bulk plant…
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Saudi Company Signs Oil and Gas Deal with Taliban; Khalilzad Attends Ceremony
DID Press: Taliban administration has signed a contract with Saudi company Delta International for the exploration and extraction of oil and gas in the Kashk–Tirpul basin in western Afghanistan. The agreement also covers the use of natural gas in Herat…
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Hormuz Shipping Traffic Falls to Lowest Level Since May
DID Press: Commercial shipping through the Strait of Hormuz has fallen to its lowest level since May, with an average of just 10 commodity vessels a day passing through the strategic waterway over the past 10 days, according to shipping…
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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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