Oil prices hit four year high: Latest news on the Middle East conflict on 9 March
Global oil prices reached a four year high on Monday (9 March), surpassing $...
Afghan and Uzbek traders have signed 25 agreements worth more than $300 million at a business conference, as officials from both sides said trade ties are expanding rapidly and could grow further in the coming years.
At the Afghanistan–Uzbekistan Business Connectivity Conference, attended by senior officials and private-sector representatives, both sides said the deals covered sectors including construction, food products, agriculture, furniture, clothing and pharmaceuticals.
The Minister of Industry and Commerce said there was strong political will to deepen ties, adding that this had already produced significant growth in trade.
“There is strong will to expand relations between the two countries,” he said, adding that this had led to “unprecedented growth in ties in recent years”.
He also pointed to the rise in bilateral trade, saying volumes in 2025 had increased by nearly 153% compared with 2024, and that there was still room for further expansion.
In further comments at the conference, the minister said: “We must be beneficial to one another. Transportation costs are low, visa issues have been eased, and there are currently no problems. Most importantly, there is strong will to expand relations between the two countries.”
Officials also referred to a preferential trade arrangement covering eight Afghan export items and six from Uzbekistan, describing it as a step towards broader cooperation.
The governor of Uzbekistan’s Syrdarya region said the visit to Kabul was aimed at deepening economic ties beyond basic trade.
“We must expand not only trade with Afghanistan, but also industrial cooperation, the establishment of joint companies, and the creation of value-added chains,” he said.
The head of the Afghanistan Chamber of Commerce and Investment described the conference as an opportunity to attract investment, saying a secure environment had helped create conditions for economic growth.
The new agreements come as economic links between Kabul and Tashkent have strengthened in recent years. Officials say dozens of earlier deals have also been signed, reflecting a push by both sides to turn geography into a trade advantage.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Global oil prices reached a four year high on Monday (9 March), surpassing $119 a barrel, as conflict in the Middle East rumbled on. Meanwhile, the Turkish Military said NATO air defence systems destroyed a missile fired from Iran towards the country.
Kyrgyzstan recorded the largest increase in women’s representation in parliament worldwide in 2025, according to a new report by the Inter-Parliamentary Union.
Türkiye’s official anti-disinformation agency has issued a statement refuting what it described as online “disinformation” and reiterating the strength of relations between Türkiye and Azerbaijan.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Almost 2,000 people have been evacuated from Iran via Azerbaijan since conflict erupted in the Middle East.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment