Afghanistan and China can boost trade within Belt and Road Initiative

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KABUL (TCA) — A meeting between Afghan and Chinese officials, investors and experts will be held within the next two months in Kabul to discuss ways to boost trade between the two nations, the Afghanistan and China Trade Council said, TOLOnews reported.

The Council said it continues its efforts to boost trade between the two countries along with the Afghan government’s efforts to strengthen political relations with Beijing.

The Council also said that delegates attending the meeting will discuss the Belt and Road Initiative (BRI).

“From a political point of view, Afghanistan is in the first stage to be part of the (BRI) project because Afghanistan can play an important role in this initiative due to its strategic location. China has realized that Afghanistan’s involvement can result in the success of the project,” said Nasim Malikzai, the head of the Council.

The Afghan Ministry of Commerce and Industries meanwhile said it has solid plans in place to increase trade with China.

“China is a good market for Afghanistan’s saffron, pine nuts and gemstones. China is one of our important partners in the region,” said Musafir Qoqandi, a spokesman for the Ministry of Commerce and Industries.

According to figures released by the Council, Afghanistan imports goods worth more than $1 billion every year while the export volume to China is only around $5 million annually.

Sergey Kwan

TCA