Baradar, Overchuk discuss stronger trade ties, joint investment

According to a statement from the Presidential Palace, Baradar made the remarks during a meeting with Russian Deputy Prime Minister Alexey Overchuk.

He said Afghanistan wanted to raise annual trade between the two countries to the highest possible level, in line with their economic potential, by improving trade facilitation and expanding joint investment.

Baradar urged Russian companies to work with Afghan partners on mining projects, industrial plants, infrastructure, special economic zones and other economic ventures.

He said opportunities were also available for Russian investors to establish joint industrial ventures, develop industrial parks in line with international standards, set up and operate joint special economic zones and dry ports, and expand trade infrastructure.

Baradar further highlighted the potential to increase exports of Afghan agricultural products to Russia, particularly pine nuts, figs, saffron, grapes, pomegranates and cotton.

He also said there were opportunities for Russian investment in Afghanistan’s agriculture and livestock sectors.

Overchuk arrived in Kabul leading a high-level delegation comprising officials from various Russian ministries, businesspeople and investors.

The delegation is expected to hold talks with Afghan officials on political, economic, trade and transit relations, as well as joint development projects. The two sides are also expected to sign cooperation agreements.