'Productive' first day of peace talks in Abu Dhai between Ukraine, Russia and U.S.
Ukrainian and Russian officials wrapped up a "productive" first day of new U.S.-brokered talks in Abu Dhabi, Kyiv's lead negotiator said on Wednesday ...
Afghanistan’s foreign trade reached $12.949 billion over the past year, according to the Ministry of Industry and Commerce, signaling a notable increase in economic activity.
The ministry highlighted that the rise reflects improved purchasing power among Afghans and stronger trade relations with regional partners.
The country exported goods worth $1.785 billion during this period, with key exports including figs, cotton, raisins, carpets, lead ingots, and precious and semi-precious stones. These products found strong demand in markets such as Pakistan, India, the UAE, Uzbekistan, Iran, Kazakhstan, China, Türkiye, and Tajikistan. On the other hand, Afghanistan imported $11.164 billion worth of goods, including essential items like diesel fuel, wheat flour, vehicle parts, liquefied gas, cotton textiles, spices, oil, and rice, which are vital for sustaining domestic industries and daily commerce.
While the figures indicate economic activity, Afghanistan continues to face a significant trade deficit. In 2023, imports totaled $7.710 billion, while exports reached $1.884 billion, underscoring the country’s reliance on foreign goods. The United Nations Assistance Mission in Afghanistan (UNAMA) special representative Roza Utunbayeva, recently reported a 2.7% economic growth rate for 2024, suggesting modest progress. However, experts warn that persistent challenges, including reduced foreign aid and the widening trade gap, could hinder long-term stability.
The latest trade data highlights both Afghanistan’s economic resilience and the ongoing need for policies that boost exports, attract investment, and reduce dependency on imports. As the country navigates these challenges, observers remain cautious about its economic trajectory in the coming years.
Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío has denied that Havana and Washington have entered formal negotiations, countering recent assertions by U.S. President Donald Trump, while saying the island is open to dialogue under certain conditions.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Ukrainian President Volodymyr Zelenskyy accused Russia on Tuesday (3 February) of exploiting a U.S.-backed energy ceasefire to stockpile weapons and launch large-scale drone and missile attacks on Ukraine ahead of peace talks.
Paris prosecutors have summoned X chairman Elon Musk and former chief executive Linda Yaccarino for questioning in April as part of their probe into the X social media network, they said on Tuesday.
U.S. President Donald Trump has said Iran’s Supreme Leader Ali Khamenei “should be very worried”, as efforts to establish a diplomatic path between Washington and Tehran appear to be breaking down.
Another shipment of grain was sent to Armenia via transit through Azerbaijani territory on 4 February. The latest delivery consisted of eight wagons carrying 560 tonnes of grain dispatched from Azerbaijan to Armenia.
Azerbaijan and Armenia used a high-profile international platform in Abu Dhabi on Tuesday to underline growing trade ties, expanding cooperation and what both leaders described as an irreversible turn towards peace after decades of conflict.
Afghan officials and international partners met in Kabul on Wednesday (4 February) for the fourth meeting of the Doha Process Working Group on Counter-Narcotics, with officials citing a reduction in poppy cultivation to “nearly zero” as efforts to curb drug production and trafficking were reviewed.
Uzbekistan is accelerating plans to expand uranium production and deepen international nuclear cooperation, positioning the sector as a pillar of long-term industrial growth and resource security.
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