• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

An Australian View of the New Trump Iran Deal

June 23, 2026

Vance Takes Center Stage In White House Push To Protect GOP Majority

June 23, 2026

Players Will Not Be Fined for Wearing Bible Verses

June 23, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Tuesday, June 23
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Vance Takes Center Stage In White House Push To Protect GOP Majority

    June 23, 2026

    House Republicans Threaten Contempt After Dem Cash Cow ActBlue Ignores Subpoenas

    June 23, 2026

    Trump Admin Threatens To Pull Critical Federal Funds Unless States Adopt Election Integrity Measures

    June 23, 2026

    White Democrat Women Dance Across America For Juneteenth

    June 23, 2026

    Joy Reid Claims Black People Aren’t Excited For July 4th, Juneteenth Is The ‘Real Thing’

    June 23, 2026
  • Health

    HHS Ebola trial, retatrutide, suicide treatment: Morning Rounds

    June 23, 2026

    This Startup Says It Saves Medicare More Than $2 Million A Week

    June 23, 2026

    7 Signs You Need Physical Therapy (And How To Find the Right Provider)

    June 23, 2026

    Kidney transplant, livestock disease, Texas: Morning Rounds

    June 22, 2026

    The Hidden Hormone Controlling Your Energy, Mood, And Recovery

    June 22, 2026
  • World

    Iran MOU Doesn’t Address ‘Very Important’ Ballistic Missiles, Terror Proxies

    June 23, 2026

    DEA Reportedly Did Nothing As Staggering Amounts Of Fentanyl Hit The Streets

    June 23, 2026

    One Dead, Nine in Critical Condition After Train Collision in England

    June 23, 2026

    MS NOW Analyst: Trump Broke Biggest ‘Taboo’ In Diplomatic History

    June 23, 2026

    Puberty Blockers to Be Given to Girls as Young as 11 in UK Medical Trial

    June 23, 2026
  • Business

    Influential Economic Policy Center Bankrolled By Shady Dating App Founder

    June 19, 2026

    Dem Senator‘s 22-Year-Old Son Raises Eyeballs After Raking In $30 Million Investment

    June 19, 2026

    Jeff Bezos Claims AI Boom Will Actually Lead To Labor Shortages

    June 17, 2026

    Are You Gay Enough To Get A California Utilities Contract? Here’s The Test

    June 17, 2026

    Jersey Mike’s Overtakes Chick-Fil-A As Highest Rated Fast Food Chain

    June 17, 2026
  • Finance

    An Australian View of the New Trump Iran Deal

    June 23, 2026

    MoonPay buys Entendre in digital finance infrastructure push

    June 23, 2026

    U.S. fights with Brazil for China’s giant soybean market

    June 23, 2026

    What Will ETFs Look Like in 2027? State Street Gazes into Its Crystal Ball

    June 23, 2026

    Intel CEO gives investors a reality check

    June 23, 2026
  • Tech

    Elon Musk’s SpaceX IPO Spurs Momentum for Orbital AI Data Centers

    June 23, 2026

    Netflix’s Mega Podcast Venture Failing to Earn Fans

    June 23, 2026

    Texas Grandma Killed by Tesla Crashing into Home, Driver Claims ‘Autopilot’ Active

    June 22, 2026

    Asbestos Discovered in 1,000 UK Wind Turbines Imported from China

    June 22, 2026

    ‘F**k These Weird Ass Vultures’

    June 22, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Afghanistan Seeks New Air Corridors 
Finance

Afghanistan Seeks New Air Corridors 

March 10, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Afghanistan Seeks New Air Corridors 
Share
Facebook Twitter LinkedIn Pinterest Email
Advertisement

As the Taliban seek to engage with the international community, the government announced plans to expand exports via existing air corridors as well as develop new ones. While this is promising, the current air corridor program is nascent and real progress will not be achieved until the Taliban and the West engage on differences, seek consensus, and achieve compromise. For the international community, it is not just a matter of whether to engage with the Taliban but more a question of how and on what terms. Simply expanding air corridors and expecting the international community to respond in kind would be wishful thinking. There is a lot more work that needs to be done. 

Last month, Nooruddin Azizi, the Taliban’s minister of industry and commerce, stated that Afghanistan’s export volume to neighboring countries had increased compared to its import volume and that the “ministry would use every means to reduce and control tariffs.” Azizi also noted how Afghanistan’s “air corridors are open to China and we are trying to open them to other countries as well.”

To gauge the importance of the air corridor for Afghanistan’s economy, one will need to look at Afghanistan’s geography. For landlocked Afghanistan, the inability to conduct trade beyond the immediate neighborhood without transiting third countries is a significant impediment to the country’s trade. Pakistan is Afghanistan’s largest trading partner, while Afghanistan is Pakistan’s second-largest export market. Most, if not all, of Afghanistan’s goods exports are transported by truck.

However, Pakistan has always been an uneasy neighbor and trading partner. The Torkham border crossing point has been a bone of contention between the two countries, with occasional abrupt closures and exchanges of fire. The Taliban government recently re-opened the Afghan checkpoint at the crossing following disputes between the customs authorities. This left many goods stranded, raising costs and adding to transport delays. 

See also  Traders predict Trump will make major announcements during China trip

Also looking at the country’s trading pattern, Afghanistan is extremely dependent on international imports more so than exports. It imports more than 10 times what it exports. Afghanistan’s exports mostly consist of lower-value goods such as carpets, fresh and dry fruits, saffron, and pine nuts. Despite this, while air corridors may be more cost-effective for high-value products, they can help the country overcome its geographic barriers and not rely on transiting third countries to reach new markets.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

Looking back, from 2017 Afghanistan began opening up and testing various air corridors with India (to overcome political difficulties with Pakistan), along with China, Russia, Turkey, Saudi Arabia, the EU, Kazakhstan, the United Arab Emirates, and others. However, in the past year, the use of Afghan airspace by international aircraft (both passenger and cargo) was reportedly down by 80 percent. According to Imamuddin Varimach, former deputy minister of transport and aviation in Afghanistan, “currently, the international airlines do not consider the airspace of Afghanistan safe, so they have changed all their routes.’”

From a sanctions compliance perspective, exporting goods out of Afghanistan remains problematic. This has de-incentivized private investment and heightened risk. There are a few reasons why. First, we need to look at where Afghanistan stands in the international community. At present no foreign nation has officially recognized the Taliban government, although China, Russia, Pakistan, and Turkmenistan have accredited Taliban diplomats.

Another reason is the absence of a functioning formal banking system. This means that international banks are reluctant to move money into Afghanistan because of sanctions compliance concerns. This has forced local businesses to rely increasingly on traditional Hawala informal payments for international transactions. With a preference for formal banking due to anti-money laundering and combatting the financing of terrorism (AML/CFT) risks associated with Hawala payments, many international firms don’t have a known or trusted counterpart in the country. As a result of these concerns, many foreign market participants are unwilling to engage with Afghan companies, and this has stumped demand for international exports. 

See also  The Economic Costs of Delaying the Impeachment of South Korean President Yoon
Advertisement

The current air corridor program in Afghanistan is still nascent. While air corridors are useful for any landlocked country to have in its multimodal transport arsenal, the lack of infrastructure, safety, and security can impose additional transport costs. For instance, the lack of machinery for packaging goods and the absence of food safety labs for quality assurance checks are some of the key impediments to increasing exports. 

The Taliban’s attempt to reconnect Afghanistan to foreign markets by simply increasing exports via air transport is ambitious. History is replete with examples that have shown us time and time again that successful connectivity does not simply arise from building physical infrastructure or even by expanding air corridors alone. It requires legal and regulatory alignment, along with the development of appropriate skills to enable benefits to be spread. Rebuilding an economy in a globalized world involves many players. The current economic set-up in Afghanistan does not make it conducive to trade with markets beyond its bordering regions. Given this, merely betting on improving logistics to expand exports is inadequate.

Afghanistan Air Corridors seeks
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

An Australian View of the New Trump Iran Deal

June 23, 2026

MoonPay buys Entendre in digital finance infrastructure push

June 23, 2026

U.S. fights with Brazil for China’s giant soybean market

June 23, 2026

What Will ETFs Look Like in 2027? State Street Gazes into Its Crystal Ball

June 23, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due

January 17, 2024

Ship Owned by Late Microsoft Cofounder’s Estate Tipped over, 33 Injured

March 29, 2023

Vanessa Bryant Reaches Nearly $29 Million Settlement with Los Angeles County Over Kobe Bryant Crash Photos

March 8, 2023

‘Bruce Springsteen Day’ Officially Proclaimed in New Jersey

April 21, 2023
Don't Miss

An Australian View of the New Trump Iran Deal

Finance June 23, 2026

The establishment of a peace and ceasefire framework between the United States and Iran following…

Vance Takes Center Stage In White House Push To Protect GOP Majority

June 23, 2026

Players Will Not Be Fined for Wearing Bible Verses

June 23, 2026

Iran MOU Doesn’t Address ‘Very Important’ Ballistic Missiles, Terror Proxies

June 23, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,386)
  • Entertainment (5,264)
  • Finance (3,890)
  • Health (2,329)
  • Lifestyle (1,893)
  • Politics (3,657)
  • Sports (4,621)
  • Tech (2,296)
  • Uncategorized (4)
  • World (5,172)
Our Picks

REPORT: Big ESPN Purge Will Take Out Nearly 20 On-Air Personalities

June 30, 2023

Jim Brown Set Records With the Cleveland Browns Then Left on Top

May 20, 2023

‘I Didn’t Actually Want To Go This Thin’: Sharon Osbourne Debuts Frail Figure After Using Ozempic

September 22, 2023
Popular Posts

An Australian View of the New Trump Iran Deal

June 23, 2026

Vance Takes Center Stage In White House Push To Protect GOP Majority

June 23, 2026

Players Will Not Be Fined for Wearing Bible Verses

June 23, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.