Afghanistan’s exports surge 32pc

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AT-KABUL: The ongoing fiscal year saw exports rise by 32pc compared to same stint in the preceding year, said Minister of Commerce and Industries on Tuesday, thanks to cutting-edge trade and financial initiatives of considerable scale.

Addressing a press conference, Acting Minister of Commerce and Industries Ajmal Hamid Abdul Rahimzaisaid that implementation of the National Exports Strategy, establishing air corridors, holding trade shows for the purpose of marketing Afghanistan products abroad, building transit routes with China, Kazakhstan, India and Uzbekistan, and identifying six items of country’s important products for exportwere the main reasons for the increasing ofexports in the last eight months.

“Afghanistan’s economic growth and development are the main goals of NUG and international community for the transformation decade. The country’s economic growth through strengthening of the private sector, is one of government priorities, which includes the support of local investors in order to improve the capacity of domestic products to increase exports and substitution of imports,” he added.

Approval of industrial parks policy and scheme for determination of 50 AFs per square meter of land in all industrial parks, retrieving 128 acres of parks’ lands from usurpers in Khost province and 114 acres in Kabul, and distributing 60 acres of land for investors in BarikAab industrial park, are part of MoIC achievements. Also 1.3 billion AFs will be invested in BarikAab industrial park, which will provide jobs for 9,000 people as well as boost up export and business across the country.