Kuwait’s Al-Sayer Group plans to export fresh and dried Afghan fruit to Kuwait and other markets while exploring broader trade and investment opportunities in Afghanistan, according to Afghan government statements following talks in Kabul on Tuesday.
Mohammed Nasser Mohammed Al-Sayer, identified by Afghan ministries as the group’s chief executive, met Afghanistan’s Foreign Minister Amir Khan Muttaqi and Industry and Commerce Minister Nooruddin Azizi.
The Foreign Ministry said the talks focused on trade, investment, security and stability. “Both sides also stressed the importance of expanding economic and trade relations, strengthening bilateral cooperation, facilitating travel, and making effective use of existing investment opportunities in Afghanistan,” it said.
Al-Sayer told Muttaqi that his company intends to establish business relations with Afghanistan and export Afghan produce to Gulf markets and elsewhere.
The ministry said, “He added that his company plans to export fresh and dried fruits from Afghanistan to Kuwait and other markets.”
In a separate meeting, Al-Sayer expressed interest in trade and investment, according to the Ministry of Industry and Commerce. “He said there are significant opportunities for trading Afghan products and exporting them to other countries,” the ministry said.
Azizi welcomed the interest and said his ministry was ready to support investors and traders across industry, trade, investment, transit and enterprises.
The World Bank said in May that Afghanistan’s economy was continuing to grow modestly, with real GDP estimated at 4.8 per cent. However, its external position remained fragile amid a widening trade deficit, strong import demand and weak export performance.
The meetings come as Afghan officials seek to attract private investment and open new markets for domestic products. Neither ministry announced the value, timetable or terms of any planned Al-Sayer investment or fruit-export agreement.
Read more:
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time bein...
Kazakhstan is considering the Baku-Supsa pipeline as an alternative oil export route after Caspian Pipeline Consortium disruptions cost the country...
Kuwait’s Al-Sayer Group plans to export fresh and dried Afghan fruit to Kuwait and other markets while exploring broader trade and investment...
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
The Silk Road Finance & Technology Forum will bring more than 6,000 policymakers, investors and technology leaders from 74 countries to Tashkent, as Central Asia seeks a bigger role in the global fintech landscape.
Kazakhstan is considering the Baku-Supsa pipeline as an alternative oil export route after Caspian Pipeline Consortium disruptions cost the country an estimated 3.5 million tonnes of oil, Energy Minister Yerlan Akkenzhenov said.
Central Asia’s fintech ambitions are in the spotlight as a major forum in Tashkent draws to a close, shifting attention from the region’s potential to the investment, infrastructure and global reach needed to turn that vision into growth.
Iran and Oman discussed a phased plan for a temporary shipping corridor through the Strait of Hormuz during the Omani foreign minister’s visit to Tehran on Tuesday, as tensions remain high between Iran and the U.S. over the strategic waterway.
More than half of the Syrian city of Aleppo's ancient markets have now been rebuilt, over a decade after they were reduced to rubble during the early years of the Syrian civil war.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment