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Karzai in India to discuss bi-lateral relations

Afghan President Hamid Karzai is visiting India to discuss bilateral relations and cooperation between the two neighboring nations. During his four day visit, Kazrai is scheduled to meet Prime Minister Manmohan Singh and to visit Pune where he is to

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Depreciating Afghani causing price-hike in the market

The increasing prices of essential commodities has become intolerable among the Afghan people. The Lower House of the Parliament summoned Finance Minister Hazrat Omar Zakhilwal, Chief of the Central Bank Noorullah Dilawari and Deputy Commerce and Industry Minister Muzammil Shinwari

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MIGA to fund Kabul Dairy Processing Plant

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, announced today that it is providing investment guarantees to support the production of high-quality dairy products in Afghanistan. Kabul Dairy Processing

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Chevrolet opens a branch in Mazar-e-Sharif

US giant automobile company Chevrolet has opened a sales center in Mazar-e-Sharif  along with a spare parts center and a workshop. “We have established an office in Mazar for two reasons–first, security situation is better in Mazar and second, demand

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Salang roads starting to deteriorate

 Drivers have expressed concerns over the deteriorating condition of Salang roads and fear the roads will only get worse when snowing season starts. According to the drivers, lack of a proper water drainage system has destroyed the roads. With the

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Kabul bank loans yet to be recovered from Mahmud Karzai and Haseen Fahim

After passing four long years, as many as $11 million loan paid to Afghan Investment Company (AIC) by four banks— with guarantors Mahmud Karzai, Haseen Fahim and Mirwais Azizi— to the Ghori Cement Factory, however, the due loan with interests

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Food items showcased in Herat province

An exhibition, held by the Department of Agriculture and Livestock in Herat, showcased 60 different food items from across the province. Head of the Department, Faqir Ahmad Bayangar, told Pajhwok Afghan News (PAN) the exhibition marked the international food day

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US Congress agrees on a deal of over USD 6 billion for Afghan forces

A compromise measure totaling USD 632.8 billion was reached on by the Senate members of the Armed Services Committee and the House Armed Services Committee of the US congress. The deal on the National Defense Authorization Act (NDAA) of 2014

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Rebuilding Afghanistan's economy with carpets

An American-based company, Hickory Ground Solutions LLC of Healthville, Virginia, plans to support Afghanistan’s carpet industry to help mitigate the economic impact due to the upcoming decline in donor aid to Afghanistan. Carpets in Afghanistan are created by hand with

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Rebuilding Afghanistan’s economy with carpets

An American-based company, Hickory Ground Solutions LLC of Healthville, Virginia, plans to support Afghanistan’s carpet industry to help mitigate the economic impact due to the upcoming decline in donor aid to Afghanistan. Carpets in Afghanistan are created by hand with

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Increase in transit flights generate higher revenues for Afghan government

According to the Ministry of Transport and Aviation, foreign aircraft transit revenues have increased by about 30% compared to last year. While the officials did not give the exact amount of revenues, they said aircrafts crossing Afghanistan’s air space have

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Cell phone calls can be monitored by spy agencies

Addressing the Meshrano Jirga or upper house of the parliament, Communications and Information Technology (MCIT) Minister admitted that cell phone calls made in Afghanistan were not safe from being spied on. This comes as recent reports have shown that as

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Afghan entrepreneurs call for strategic reserves to help check prices

The Afghan entrepreneurs’ body urged the government to establish strategic reserves to help check prices of commodities that are witnessing price hikes. A strategic reverse is the reverse of a commodity or items that is held back from normal use

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CASA-1000 project promises major revenues for Afghan government

Officials of Da Afghanistan Breshna Sherkat (DABS), Afghan national power utility, said work on the CASA-1000 (Central Asia-South Asia) electricity transmission project was advancing and would be a major revenue source for the Afghan government. CASA-1,000 is designed to transmit

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Germany to support irrigation in Jawzjan

Head of German Consulate in his meeting with Jawzjan’s Governor said his country had expressed willingness to support irrigation system in Jawzjan province. This comes after Jawzjan Governor Baimurad Qoyanli had requested German Consulate in Northern Afghanistan to provide financial

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700 families benefit from power project in Baghlan

Department of Rural Rehabilitation and Development officials have established two small water dams in Khenjan district of Baghlan province. Funded by the Ministry of Rural Rehabilitation and Development at a total cost of 6 million AFN, the project provides power

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Local officials disapprove the construction contract of Khost Airport

Local officials have called on the Ministry of Transportation and Aviation to reconsider the construction contract of Khost International Airport project and award it to a professional and competent construction company. According to the officials, the current company working on

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Construction work on New Kabul project in Deh Sabz to begin soon

New Kabul City Development Project officials announced Saturday that construction work on the New Kabul project would be inaugurated soon by President Hamid Karzai. New Kabul is built on a 740 kilometer square land in the regions of Deh Sabz

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WTO unveils first multilateral deal in 18 years

The World Trade Organization (WTO) signed the first major multilateral pact in 18 years negotiated by the 159 member nations of WTO in Bali, Indonesia. The deal would simplify the procedures for doing business across borders and safeguard food security

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Afghanistan to expand key Salang Highway

Afghan Public Works Ministry has launched a fundamental development plan for the Salang Highway, Afghanistan’s main link between northern and southern Afghanistan crossing the Hindukush mountain range. The announcement was made at the National Conference on Development of Salang Highway

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Pakistan's cement exports to Afghanistan plunge

According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the first quarter of Pakistan’s fiscal year. Cement exports to Afghanistan currently comprise 50% of Pakistan’s cement exports. For the first

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Pakistan’s cement exports to Afghanistan plunge

According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the first quarter of Pakistan’s fiscal year. Cement exports to Afghanistan currently comprise 50% of Pakistan’s cement exports. For the first

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Afghan MPs reject 2014 draft budget

A number of parliamentarian members have declined the 2014 budget proposal presented by the Afghan Ministry of Finance. Finding the budget unbalanced, lawmakers said the draft was full of deficiencies and not according to the law. Earlier this week Finance

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Afghan-Pak bilateral trade declines

Earlier this year the Pakistan-Afghanistan Joint Commission (JEC) had agreed to enhance the bilateral trade from USD 2.5 billion in 2013 to USD 5 billion by 2015. According to data compiled by Pakistan Bureau of Statistics and State Bank of

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MEC disputes accuracy of Transparency International’s report on Afghanistan’s corruption

The Afghan Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) has questioned the accuracy of the most recent report by the Transparency International that has ranked Afghanistan among the top three most corruption nations in the world. The MEC officials

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