Afghanistan,Russia sign 15 MoUs worth $103m

KABUL -UNS: Russia, Afghanistan signed 15 Memoranda of Understanding valued at $103 million in Kabul, aimed at strengthening trade and economic cooperation between the two countries in Kabul on the other day.

Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs of the Islamic Emirate of Afghanistan, and Alexei Overchuk, Deputy Prime Minister of the Russian Federation, representatives of Afghan and Russian institutions and private companies were also present on the occasion.

During the ceremony, the heads of the Afghanistan Chamber of Commerce and Investment and the Chamber of Commerce and Industry of the Russian Federation signed a trade cooperation MoU aimed at strengthening bilateral trade and expanding economic ties between the two countries.

Subsequently, representatives of several Afghan and Russian companies signed MoUs covering cooperation in the import and export of pharmaceuticals, energy, wheat, oil, flour, non-alcoholic beverages, fresh fruit, sunflower oil, and various other commodities.

Under these MoUs, the two countries will work together to facilitate the import and export of various goods and expand bilateral trade relations.

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