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Afghan businesses plan to expand, despite post-2014 uncertainty

What will happen to Afghanistan’s security after 2014 when foreign forces will withdraw from Afghanistan? Many Afghans are anxious about the answer to this question. What will be the situation of security post 2014 creates anxiety when it comes to

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Local investors to receive tax benefits: Afghan Commerce Minister

Commerce and Industries Ministries Anwarul Haq Ahadi announced Tuesday that tax benefits to local investors would increase post-2014. He added a 10% reduction in taxes would be granted to those who invest in factory making in Afghanistan in the next

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Afghanistan’s economy to dwindle post 2014- Senior US Official

The Director of National Intelligence (DNI) James R Clapper said the Afghan economy is likely to shrink after the withdrawal of foreign forces, which is scheduled for the year 2014. According to Mr. Clapper, the Taliban remain to be a

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Corruption-a major challenge ahead of Afghanistan’s economic growth

Afghan traders have once again expressed their hopelessness in the continuity of investment in Afghanistan. They have cited corruption as a major challenge ahead of investments and economic growth in Afghanistan. According to the traders, Afghanistan’s endemic corruption, bureaucratic management,

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South Korea’s USD 500mn aid to Afghanistan

South Korea’s ambassador announced on Saturday that his country has pledged USD 500mn in aid to Afghanistan, of which USD 100mn will be spent in the country by next year. He further added that USD 130mn from the aid money

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Ban Ki-moon underscores employment opportunities for Afghans

U.N. chief Ban Ki-moon once again called on the international community to ensure availability of livelihood opportunities and availability of sustainable employment for Afghans, as the foreign forces are set to leave the country. He warned of the economic consequences

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There would be no major crisis in Afghanistan post-2014- President Hamid Karzai

Addressing the inaugural ceremony of the Afghanistan National Industrial Conference, President Hamid Karzai assured his country that Afghanistan would not face any economic crisis after 2014, when many of the foreign troops are scheduled to leave. He alleged the Western

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Economic transition more effective than security transition- Commerce Minister Shinwari

Speaking at the session entitled “Access to Global Markets”, Commerce and Industries Deputy Minister Muzamil Shinwari emphasized on the importance of exports for Afghanistan’s economy. He called for a better strategy to be put in place to woo international markets

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As NATO Nears Exit, Construction Dries Up

Jalalabad Road, the heart of what might be called the Afghan capital’s military-industrial complex, has also become the place where heavy construction equipment comes to die. Lined with Afghan and NATO military facilities and the contracting firms that serve them,

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Clinton stresses on regional economic integration of Afghanistan

Delivering a speech on “Economic Statecraft” at the Singapore Management University, US Secretary of State Hillary Clinton underscored the importance of regional economic integration for Afghanistan. As the deadline for NATO-led troops withdrawal is drawing closer, forging stronger economic ties

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ACCI Identifying challenges to investment in Afghanistan

A number of senior government officials, civil society and private sector representatives, university teachers attended a meeting organized by the Afghanistan Chamber of Commerce and Industries in Kabul. The meeting was aimed at identifying impediments to investment in the country.

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No crisis after 2014- Afghan Second Vice President Mohammad Karim Khalili

Afghan Second Vice President Mohammad Karim Khalili said Afghanistan is ready for the withdrawal of foreign troops and to take over full security charges by the end of 2014, when the transition of security control from NATO-led forces to Afghan

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No major financial crisis in Afghanistan post 2014- Minister Zakhilwal

Speaking at the House of Representatives on Tuesday, Finance Minister Hazrat Omar Zakhilwal assured the legislators that Afghanistan will not face a major financial crisis after 2014, when many of the foreign troops withdraw from the country. There have been

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Afghanistan to grow at a rate of 6.5% in 2013

According to the Asian Development Bank’s latest report, Afghanistan is predicted to grow at a rate of 6.5%. The Asian Development Bank (ADB) releases technical reports on the economic growth assessment of Afghanistan twice a year. The growth rate for

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Italy gives its assurance for supporting Afghanistan beyond 2014

Italy’s Prime Minister said his country not abandon Afghanistan post-2014. Just as Afghanistan is sanguine about its betterment after 2014, Italy’s Prime Minister also expressed his optimism about Afghanistan’s development and progress after the withdrawal of foreign troops. Mario Monti

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US working on the economic side of Afghanistan’s transition period

As the US is pulling out its troops from Afghanistan, there are concerns about the country’s economy post-2014. In order to ensure a healthy economy, the US is focusing on assisting Afghanistan with building a private sector -led and trade-led

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Germany to continue its assistance to Afghanistan post 2014

Germany’s Special Representative for Afghanistan assured President Hamid Karzai n Kabul that his country would continue to help Afghanistan beyond 2014, under a strategic cooperation agreement. The two leaders also conferred on Pakistan’s role in the ongoing reconciliation process, the

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U.S. will not leave Afghanistan alone-Ryan Crocker

Ryan Crocker, the outgoing U.S. ambassador in Afghanistan, spoke on the collective achievements of the U.S. and Afghanistan since the past decade in his last press conference in Kabul. He stressed that continued U.S. economic and military aid will be

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Afghanistan to have a stable economic development in the future

Afghanistan Chamber of Commerce and Industries (ACCI) called on the government to take practical steps for establishing good governance and combating corruption and drug trafficking in line with the economic reforms. Mohammad Qurban Haqjo, Chief Operating Staff of ACCI, said

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Donors pledge $16bn to Afghanistan at Tokyo Meeting

International donors to Afghanistan, led by the U.S., Japan, Germany and the UK, pledged to USD 16bn in civilian aid for four years for the reconstruction and stability of Afghanistan after foreign forces leave in 2014. The Afghan economy relies

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Afghanistan will top the agenda in talks between India and America

Afghanistan will top the agenda in the strategic dialogue between India and America which is due to take place next Wednesday. The talks will be lead by U.S. Foreign Minister Hillary Clinton and Indian Foreign Minister S.M Krishna.  America wants

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China- and Russia-led Shanghai bloc eyes Afghan role

A bloc of Asian countries led by China and Russia is seeking a bigger role in Afghanistan ahead of Nato’s pullout. The Shanghai Cooperation Organisation, including the Central Asian states of Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, is meeting in Beijing.

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Tokyo Conference Must Make Clear the World Community Commitment to Afghanistan post 2014

A number of active civil society members in a gathering on Monday called for the specification of commitment from the world community at the Tokyo conference, which is due to be held on July 8. The purpose of the conference

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US to convince NATO member countries to support Afghanistan after 2014

The US Government is trying to convince the NATO member countries to continue their aid to Afghanistan after 2014. President Obama’s team plans to complete this step prior to NATO summit in Chicago. “Nato is clearly committed to supporting Afghanistan

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Australian Government to help Afghanistan hundred million dollars after 2014

Julia Glared Prime Minister and Stephen Smith Defense Minister of Australia announced a support of 300 Australian Dollars in joint declaration. It is declared the aim of this support will be the developing and training of Afghan security force after

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