INSUBCONTINENT EXCLUSIVE:
Uzbek investors met last week with Afghanistan&s Deputy Minister of Commerce and Industry, Ahmadullah Zahid, and showed an interest in the
construction and mining sectors in Afghanistan
The Ministry of Commerce and Industry (MoCI) said in a statement after the meeting that the Uzbek delegation had been assured that
Afghanistan was secure and that there are vast investment opportunities in the construction and mining sectors.Zahid reaffirmed the
government&s commitment to supporting both domestic and foreign investors, ensuring a favorable business environment
He also said he hoped the investments would help boost Afghanistan&s economy and further strengthen economic relations between the two
This comes after Uzbekistan opened a trade center in the northern city of Mazar-e-Sharif early this month.The trade center provides Uzbek
entrepreneurs with a platform to market their goods in Afghanistan.Trade turnover between Uzbekistan and Afghanistan totalled $153.7 million
This is 231 percent more against the same period last year ($46.3 million in January 2024).The Uzbek Ministry of Investment, Industry and
Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.The latest development comes amid
concerted efforts by both countries to boost their cross-border trade relations.The post Uzbekistan investors show keen interest in mining
and construction sectors first appeared on Ariana News.
