ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Afghanistan raises coal prices to USD 80 per tonnes for Pakistan

Kabul [Afghanistan], July 17 (ANI): Afghanistan has raised coal prices to USD 80 per tonne for Pakistan amid a surge in export.

ANI Jul 17, 2022 12:37 IST googleads

Representative Image

Kabul [Afghanistan], July 17 (ANI): Afghanistan has raised coal prices to USD 80 per tonne for Pakistan amid a surge in export.
A surge in tariffs has added USD 80 to each tonne of Afghanistan's coal exported to Pakistan, the Ministry of Mines and Petroleum said, reported Tolo News.
A spokesman of the ministry, Esmatullah Burhan, said each tonne is sold for USD 200 and with new tariffs, importers will need to pay USD 280.
Afghanistan exported 10,000 tonnes of coal to Pakistan in the past two months, a local media reported, adding that the majority of coal was bought by companies connected to the Pakistan military.
The business community said that a delegation from Pakistan is expected to visit Kabul Sunday to discuss the import of coal with Afghan officials, reported Tolo News.
This comes as the price of Afghan coal has recently seen a significant surge, following an increase in coal exports to Pakistan.
"Issues facing trade between the two countries and opportunities and challenges will be discussed (between Afghan and Pakistani delegations)," said Naqibullah Safai, head of the Joint Chamber of Commerce.
Figures by the Afghanistan Chamber of Commerce and Investment show that at least 10,000 tons of coal are sent to Pakistan daily, reported Tolo News.
"The sectorial team from Afghanistan is in talks with the sectorial team of Pakistan. We will focus is that trading will not be done in Pakistani rupees; it should be either Afghani and Pakistani rupees or the dollar," said Nooruddin Azizi, the acting minister of industry and commerce.
Figures by the Ministry of Mines and Petroleum show that Afghanistan has at least 80 coal mines and only 17 of them are under extraction. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
US

FBI Director Kash Patel on Michigan Synagogue incident

FBI Director Kash Patel on Michigan Synagogue incident

"FBI personnel are on the scene with partners in Michigan and responding to the apparent vehicle ramming and active shooter situation out of Temple Israel Synagogue in West Bloomfield Township, Michigan. @FBIDetroit," Patel posted on X, adding that the bureau's FBI Detroit Field Office was involved in the response.

Read More
Asia

"India harnessed digital tools to expand...": MEA Secy (West)

George highlighted how digital tools and AI empower 1.4 billion Indians.

Read More
US

"FBI personnel assisting local authorities": Kash Patel

In a post on X, Patel said, "FBI personnel are providing assistance and working with local authorities responding to the shooting at Old Dominion University. We will update as able."

Read More
Asia

PM Modi speaks to Iranian President Pezeshkian

PM Modi speaks to Iranian President Pezeshkian

"Had a conversation with Iranian President, Dr. Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," PM Modi posted on X.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.