Sweden pledges 8.7bn krona in aid to Afghanistan
The Swedish government has pledged 8.7bn kron in aid to the Afghan government over the next 10 years.
The announcement was made at the meeting between President Ashraf Ghani and Swedish Prime Minister Stefan Löfven in Kabul on Saturday.
Löfven promised to continue its support to Afghanistan and urged improved relations between the two countries.
Pointing at the untapped natural resourced of Afghanistan and its strategic geographic location, President Ghani emphasized on the investment opportunities in Afghanistan.
“It is time for converting Afghanistan into a bridge between Central and South Asia,” said Ghani.
He assured that his administration would amend or scrap all flawed contracts on extraction of natural resources.
The president promised entrepreneurs all possible protection and encouragement and argued that foreign assistance was needed to generate job opportunities in Afghanistan in order to prevent migration of Afghans.
According to the Export Promotion Agency of Afghanistan (EPAA), Afghanistan witnessed a 95% increase in its saffron export. Saffron exports
The U.S. Agency for International Development (USAID) Acting Administrator Alfonso Lenhardt announced a new $1.5 million, three-year award to the