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Business confidence in Afghanistan to boost after signing of BSA

in Afghan Business

BSAThe Bilateral Security Agreement (BSA) is going to be signed on Tuesday between Afghanistan and the US government.

The BSA is a key document that will determine the volume of the US troops to stay in Afghanistan after 2014. The security agreement will provide a legal framework for the US to continue advisory, training and mobilizing of Afghan National Security Forces (ANSF).

The pact is considered curial in promoting the Kabul-US relationship, which soured when former President Hamid Karzai refused to sign the agreement.

The delay in signing of the pact was a major blow to Afghanistan’s economy, mainly the investment sector, as businessmen were reluctant to risk their capital or assets due to security uncertainty.

Endorsement of BSA that determines the size and scope of a US presence in Afghanistan after the NATO combat mission ends in December 2014 will bring peace of mind to the business community of Afghanistan.

With assurance of US presence and strengthening of the security forces, investment in various sectors is expected to grow as business confidence will boost.

Both candidates, Dr. Ashraf Ghani and Dr. Abdullah Abdullah, had pledged to sign the security agreement upon their inauguration into the office.

Dr. Ashraf Ghani was declared as the winner of the run-off elections and was sworn into office on Monday.

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