Editor in Chief: Moh. Reza Huwaida Tuesday, March 19th, 2019

Govt Forecasts Export Volume to Top $1 Billion this Year

Govt Forecasts Export Volume  to Top $1 Billion this Year

KABUL - The ACCI has said last year’s export volume was about $800 million USD, but that it should increase significantly this year.
With the implementation of the new export development policy, Afghanistan’s export volume could total $1 billion USD this year, said Musafir Qoqandi, spokesman for the Afghan Ministry of Commerce and Industries (MoCI).
In line with the five-year export development policy, which runs from 2018 to 2022, focus will be paid to various goods and produce including dry and fresh fruits, carpets, saffron, marble, granite and precious and semi-precious stones.  
According to the MoCI, the Afghan government is hoping to provide further incentives to investors and the business community in order to boost export volumes. 
The export development policy is a five-year policy which has been drawn up by the ministry of commerce and industries.
The policy is aimed at attracting investment, increasing Afghanistan’s exports and establishing better marketing systems for Afghan products.
“With the implementation of the five-year strategy which begins in 2018 (and runs) to 2022, our exports will be increased by 30 percent,” said Qoqandi.
Meanwhile, officials from the Afghanistan Chamber of Commerce and Industries (ACCI) have urged government to boost incentives for investors and the business community.
“We discussed issues around laboratories, marketing, and standardization of export items with the ministry of commerce and industries and we asked them to address problems facing our exporters,” said ACCI spokesman SeyamPesarlai.
According to the Afghan government, last year the volume of Afghanistan’s exports totaled an estimated $800 million USD. (Tolo news)