Pakistan demands climate finance at COP31 as floods and melting glaciers threaten millions
Pakistan is pushing for urgent global action and greater climate funding as Prime Minister Shehbaz Sharif attends COP31 in Türkiye, warning th...
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.
Delegations from Russia, Ukraine and the United States met in Abu Dhabi on Tuesday for their first formal talks in nine months. They did so with no agreement on what a ceasefire would be tied to or who gets to keep the land currently under Russian control.
UN Secretary-General António Guterres delivered a stark warning at this year's COP31 summit, saying the climate crisis iss advancing faster than governments' efforts to contain it.
At least 17 people have been reported killed in an explosion at a steel plant in western Türkiye, after a crane collapsed during maintenance work. The disaster has prompted a criminal investigation into what went wrong at the industrial facility.
Armenia could lose its voting rights within the Collective Security Treaty Organization (CSTO) on 11 November after failing to pay membership fees for more than two years, Russian Foreign Minister Sergey Lavrov has said.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
Pakistan is pushing for urgent global action and greater climate funding as Prime Minister Shehbaz Sharif attends COP31 in Türkiye, warning that melting glaciers, devastating floods and extreme heat are putting millions of lives and livelihoods at risk.
Armenia has lost its voting rights and the ability to nominate officials for certain posts within the Russian-led Collective Security Treaty Organization (CSTO). The decision was taken at a summit in Moscow on 11 November, amid years of strained relations between Yerevan and the alliance.
Heavy rain and strong winds have flooded around 70,000 tents across Gaza, leaving displaced Palestinian families exposed to cold, hunger and worsening living conditions as winter approaches, according to local authorities.
Trade along the Middle Corridor is accelerating, opening new opportunities for Central Asia and the South Caucasus as countries strengthen transport links between China and Europe. Cargo volumes reached around 4.7 million tonnes in 2025, up from less than one million tonnes in 2021.
Kazakhstan says the North Aral Sea’s water volume has risen by 24 per cent since 2022, reaching 23.4 billion cubic metres. The figures were unveiled at the COP31 climate conference in Antalya, Türkiye, as the country outlined ambitious plans to accelerate restoration.
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