Uzbekistan to invest $200 million in key sectors across Afghanistan
Afghanistan and Uzbekistan held a business meeting in Termez to discuss strengthening economic ties, focusing on significant Uzbek investment in Afghanistan and the expansion of bilateral trade.
The meeting, attended by Afghanistan's Acting Minister of Industry and Commerce, Nooruddin Azizi, and Uzbekistan's Minister of Investment, Industry, and Commerce, Liziz Qudratov, aimed to build upon agreements made during Deputy Prime Minister Mullah Abdul Ghani Baradar’s recent visit to Uzbekistan.
Key discussions revolved around Uzbek investment in Afghanistan's economic sectors, including the establishment of an economic-commercial complex in Hairatan, as well as projects in food production, poultry farming, pharmaceutical industries, cement production, and horticulture, particularly pistachio orchards.
The initial investment is projected to exceed $200 million, with projects planned for Balkh, Samangan, and Kunduz provinces.
The meeting also addressed plans for a regional exhibition in Termez to promote trade among neighboring countries. Other topics included the establishment of trade houses, customs cooperation, product standardization, agricultural collaboration, and capacity building.
Following the discussions, the delegations toured the economic-commercial complex in Termez, demonstrating their commitment to enhancing bilateral trade relations. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
A high-level Afghan business delegation comprising more than 100 business leaders and investors has begun a three-day official visit to Uzbekistan aimed at strengthening bilateral economic cooperation, expanding trade, and promoting new investment opportunities.
Canadian Prime Minister Mark Carney on Monday criticized the United States' decision to impose a new 50% tariff on a broad range of Canadian goods, calling it the latest in a series of unilateral trade measures that undermine the Canada-United States-Mexico Agreement (CUSMA).
Morgan Stanley expects the Central Bank of the Republic of Türkiye (CBRT) to begin cutting interest rates in the fourth quarter of 2026, while maintaining its year-end policy rate forecast at 35 percent.
The US dollar gained against the Turkish lira on Tuesday as renewed tensions in the Middle East supported demand for the US currency.