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Afghan government plans for economic growth face obstacles

in Afghan Business

Afghan government plans for economic growth face obstacles

pak trucksThe Afghan government is faced with various obstacles that impede its ability to implement programs aimed at addressing the country’s worst economic issues and at stimulating growth.

The Afghanistan Chamber of Commerce and Industries (ACCI) have cited absence of financial institutions, volatile security conditions, infrastructure issues, endemic corruption and insufficient commercial law enforcement as some of the major challenges stalling economic growth.

“The security transition has overshadowed the economic transition of Afghanistan. Our problems are increasing everyday and presently the people are much more concerned about the security transition,” said ACCI Deputy Chairman Khan Jan Alokozay.

Meanwhile, the Afghan-American Chamber of Commerce are making efforts toward encouraging Afghan traders to participate in the 9th Conference on Afghan Business Matchmaking.

Afghan traders have expressed their readiness to participate in the 9th Afghanistan Business Matchmaking Conference that is due to be held in November this year in Washington D.C.

The Conference is aimed at exploring business opportunities in Afghanistan, providing networking platforms for businesses, investors and government and for marketing and promoting businesses.

This year’s Conference will be held in cooperation with Afghanistan Chamber of Commerce and Industries (ACCI); Afghanistan Builders Association (ABA); Afghan Business Council-Dubai (ABC-Dubai); the Afghanistan Investment Support Agency (AISA); the Embassy of Afghanistan in Washington, D.C.; U.S. Department of States; U.S. Department of Commerce; U.S. Department of Defense and other U.S. and Afghan business and governmental leaders.

This year’s Conference will include “One-On-One“meetings/discussions with key Speakers, panelists and U.S. and ‎Afghan Ministry and Government Officials” on the above-mentioned sectors. We also will repeat last year’s ‎successful “Trade Fair,” to facilitate greater sharing of information on programs and opportunities between U.S. ‎and Afghan firms.

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