Deputy Economic PM Chairs Meeting amid to bolster industrial sector and support industrialists

KABUL, Sep. 25 – Under the guidance of the Deputy Prime Minister for Economic Affairs Office, a specialized meeting aimed at bolstering the industrial sector and supporting industrialists convened at the Marmarin Palace.

This gathering witnessed the active participation of key ministries, including Finance,Interior, Industry and Commerce, Economy, the General Directorate of Intelligence, and representatives from the private sector.

During this pivotal meeting, significant decisions were made to strengthen the domestic industrial landscape. The Afghanistan Chamber of Industry and Mines will take the initiative to formally present domestic products to the Tariff Committee. Subsequently, following a meticulous assessment of quality, quantity, and pricing, the Tariff Committee, featuring representatives from the General Directorate of Intelligence, Afghanistan Food and Drug Authority, and Afghanistan National Standard Authority, will adjust import tariffs to ensure enough supply to the market considering domestic production.

Their findings will be reported to the Office of the Deputy Prime Minister for Economic Affairs. Furthermore, in alignment with Resolution No. 19 of the Cabinet of the Islamic Emirate of Afghanistan, dated 9/6/1444, all governmental institutions are mandated to prioritize domestic products in their procurement processes. This commitment extends even to cases where domestic product quality may lag behind foreign counterparts by 10 to 15 percent. Government entities are directed to maintain comprehensive lists of domestic products and seek quotations accordingly during procurement. To address security concerns for industrialists and investors and foster effective coordination, it was resolved that within three days, the Ministries of Interior, Finance, Industry and Commerce, the General Directorate of Intelligence, and the Chambers of Afghanistan Trade and Investment and Industry and Mines will designate competent representatives to the Office of the Deputy Prime Minister for Economic Affairs. Additionally, the Ministry of Industry and Commerce assumes the pivotal role of submitting product names, marks, and brands for anti-counterfeiting measures to the Office of the Deputy Prime Minister for Economic Affairs. As a concluding mandate, the Tariff Committee, under the stewardship of the Ministry of Industry and Commerce, will comprehensively investigate the existing challenges related to invoice execution between the Chambers of Commerce and Investment and Industry and Mines.

Their findings and recommendations will be presented to the Office of the Deputy Prime Minister for Economic Affairs.