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Afghanistan more conducive for business today: Ambassador Mohib

Afghan Ambassador to the US, Dr. Hamdullah Mohib, spoke about the efforts and measures underway to boost private investment in Afghanistan at the 12th business matchmaking conference organized by the Afghan-American Chambers of Commerce. He said the landscape for business

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Access to finance empowers Afghan women

USAID’s Financial Access for Investing in the Development of Afghanistan (FAIDA) program, in coordination with the U.S. Embassy in Kabul, organized the “Empowering Afghan Women through Access to Markets and Financial Services” event at the U.S. Embassy in Kabul on

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Afghan business community demands ACCI leadership to step down

The Afghan business community has demanded the leadership of the Afghanistan Chamber of Commerce and Industries (ACCI) to step down and hold fresh polls immediately. Addressing a press conference on Monday, representatives from the private sector and entrepreneurs said the

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NSP completes development projects in Ghor province

As many as 38 public utility projects have been completed in Saghar district of Ghor province at a total cost of  AFN 49,285,000 by the National Solidarity Program of the Ministry of Rural Rehabilitation and Development (MRRD/NSP). According to NSP

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Afghanistan exports 40,000 tons of pomegranates worth USD 10mn

Afghanistan has exported 40,000 tons of pomegranates worth USD 10mn to Pakistan, India and the United Arab Emirates (UAE). Haji Nasrullah, provincial head of Afghanistan Chamber of Commerce and Industries (ACCI), said 10,000 tons of the exported pomegranates have been registered

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Afghanistan, Pakistan to redouble efforts for greater economic integration

Pakistan’s Minister for Planning, Development and Reforms, Ahsan Iqbal, said Pakistan’s leadership was committed to taking bilateral relationship with Afghanistan to new heights. Iqbal made these remarks at a meeting with Afghanistan’s Ambassador to Pakistan, Janan Mosazai, on Tuesday. The

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Afghanistan’s first ever Dispute Resolution Center opens in Kabul

The Afghanistan Center for Commercial Dispute Resolution (ACDR) was officially inaugurated on Tuesday in Kabul. The first center of its profile in Afghanistan, ACDR is open to provide domestic and international mediation services, calculation services (and will provide arbitration services

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Afghanistan to launch its first online commodity exchange market

Afghanistan will have its first online commodity exchange market in Kabul where online selling for Afghan agricultural products, gems, industrial products and handicrafts will be available. An agreement to that effect was signed between an Afghan and Arab company on

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USAID launches $13.3 million investment climate reform program

The United States Agency for International Development (USAID) announced a new $13.3 million program to make it easier for private sector firms to do business in Afghanistan. The four-year Afghanistan Investment Climate Reform Program will be implemented by the International

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Afghanistan, Pakistan to address trade and transit issues

Representatives from the Afghan government and Afghan private sector will be heading to Pakistan to address trade and transit issues that are impeding Afghan business activities. The trip was planned over a month ago by President Ashraf Ghani during his

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Business climate deteriorated in Afghanistan: ACCI Business Tendency Survey Report

The Business Tendency survey report by the Afghan Chamber of Commerce and Industries (ACCI) indicated a negative business climate for major cities of Afghanistan during the last three months. The business climate is an indicator for Gross Domestic Product (GDP)

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From small and steady to big plans: Afghan businesswoman enjoys modest success

USAID-IDEA-NEW: Nazifa Hofiani’s fruit and vegetable processing business has gone from small but steady sales to big expansion plans, thanks to a timely investment in management, planning and marketing skills. When Ms. Hofiani started the Women’s Vocational Training and Agriculture

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Afghan Parliament passes anti-money laundering laws

Afghan Lower House approved the much-awaited anti-money laundering laws on Monday. Consisting of 5 chapters and 29 articles, the laws are passed by the Parliament after the Financial Action Task Force (FATF) warned of blacklisting Afghanistan for failing to take

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Afghan traders ink more than $8 million in deals at Gulfood

Afghan companies signed contracts worth more than $8 million for the country’s high-quality agricultural produce with international buyers during the five days of the Gulfood Exhibition in Dubai. Gulfood was held from Feb. 23-27 at the Dubai World Trade Center.

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Afghan-Indian Working Group agree on expanding trade cooperation

A maiden meeting of the Afghan-Indian Working Group was held in Kabul on Tuesday to confer on strengthening trade cooperation between the two neighboring nations. Indian Commerce Secretary SR Rao assured that his country would continue to cooperate with Afghanistan

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Afghan investors present support policy to tackle economic issues

At an event organized by the Afghan Chamber of Commerce and Industries (ACCI) investors presented a support policy calling for measures aimed at minimizing the country’s economic challenges. In the draft policy, the investors have urged the government to offer

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Afghan carpets sold under Pakistan’s name

Afghan Chamber of Commerce and Industries said more than 90% of Afghan carpet weavers produce their carpets in Pakistan where the carpets are then supplied to international markets under Pakistan’s name. The Chamber urged the government to provide support to

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New markets opened in Maimana

Funded by the United States Agency for International Development (USAID), three new markets have been inaugurated in Maimana city of Faryab province. Maimana mayor Nazar Mohammad Sahibzada told Pajhwok Afghan News (PAN) the two food markets were built on two

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Deadlock over BSA causing capital flight

Delay in singing the Bilateral Security Agreement (BSA) has sparked capital flight from Afghanistan, the Afghanistan Banks Association (ABA) has warned. According to Khalil Sediq, chairman of the association, said uncertain security situations have caused businesses to decline and investments

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Herat hosts conference on saffron cultivation

Afghanistan’s leading province in saffron cultivation, Herat, is currently hosting a 3-day conference on saffron cultivation. The conference is attended by 250 delegates, experts from neighboring countries and university professors. Touted as the best alternative to poppy, saffron industry is

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India to stay with Afghanistan as long as needed

Addressing a conference entitled “Doing Business with Afghanistan”, Indian External Affairs Minister Salman Khurshid assured Afghanistan that India would stay with Afghanistan as long as needed. The conference, organized by the Chamber of Commerce and Industries and Foreign Affairs Ministries

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8 cold storages to be established across Afghanistan

As many as 8 cold storages are going to be established in Kabul, Kandahar, Balkh, Kunduz, Nangarhar and Herat provinces. An agreement to that effect has been signed between the Ministry of Agriculture, Livestock and Irrigation and an Afghan construction

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Afghanistan Expedites the Process to Start a Business, World Bank Group Report Finds

Among economies in South Asia, a new World Bank Group report finds, Afghanistan made starting a business easier by reducing the time and cost to obtain a business license and by eliminating the inspection of the premises of newly registered

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Selling of voter cards, a new thriving business among Afghans

As Afghanistan presidential election looms, concerns are sparking over a fraudulent election process. The next election is due to take place on 05 April 2014, when President Hamid Karzai’s term comes to an end. Of the 27 candidates nominated for

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Afghan handicraft makers to receive training from foreign experts

On the basis of an agreement signed between Export Promotion Directorate (EPD) and Harkat–Afghanistan’s Investment Climate Facility, Afghan handicraft makers will be trained by experts from Europe and the U.S. This comes as Afghanistan’s handicraft business has repeatedly failed in

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