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ADB may take part in financing TAPI

The Asian Development Bank  (ADB) may join to finance the construction of the long-delayed Turkmenistan-Afghanistan-Pakistan-India gas pipeline project, said Chin Choon Fong, senior advisor at the Central and West Asia Department of the bank. The official added that it is

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Afghan Parliamentarian Forum in India on Natural Resource Management

A three-day parliamentarian natural resource management forum lead by the Afghanistan Extractive Industries Transparency Initiative (AEITI) was held in Delhi, India from May 17-May 19. The event was organized by the Afghan-German Cooperation program for the promotion of good governance

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Afghanistan, Saudi Arabia to sign trade agreement

Afghan Finance Minister Eklil Hakimi and Saudi Arabia’s Commerce Minister Majid Bin Al Qasabi met in Riyadh on Thursday to discuss a range of issues including the peace process, bilateral relations and projects funded by Saudi Arabia. According to a

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TIR conference in Kabul focuses on turning Afghanistan into transit hub

Turning Afghanistan into a transit hub in the heart of Asia was the main topic for representatives from the Afghan government, private sector and donor community who met today during the Transports International Routiers (TIR) National Conference to discuss the

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Indian company wins tender for CASA-1000 project

The Afghan Ministry of Energy and Water (MEW) announced on Thursday that an Indian company has won the tender for the CASA-1000 power project which is expected to kick off soon. According to the officials, the Afghan government has outlined

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ADB’s Board of Governors 50th annual meeting kicks off in Japan

The 50th Annual Meeting of the Asian Development Bank’s (ADB)meeting kicked off on Thursday at the Pacifico Yokohama in Yokohama, Japan. Over 5,000 delegates, including from North America and Europe, are expected to attend the meeting from 4 to 7

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Afghan national electricity company to launch monthly billing system

Da Afghanistan Breshna Sherkat (DABS), Afghanistan’s national electricity company, plans to launch  monthly billing system. DABS officials said the company would hire more employees in order to successfully implement the new plan. A number of residents in Kabul have welcomed

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Pakistan yet to respond to Afghanistan’s APTICA meeting request

The Afghan Ministry of Commerce and Industries (MoCI) is still awaiting Pakistan’s response in regards to holding the seventh Afghanistan-Pakistan Transit Issue Contract Agreement (APTICA). “Suggestion is sent to Pakistan in order to hold the seventh meeting of APTICA. We

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German funded Kunduz-Khum Highway project inaugurated

Afghan Minister of Public Works Mahmod Baligh inaugurated phase one and two of the Kunduz-Khulm highway on Wednesday. Strengthening trade in the two northern provinces of Afghanistan and improving traffic system, the highway connects Khulm’s district in Balkh to Kunduz

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Kazakhstan to export fortified flour to Afghanistan

Kazakhstan has agreed to fulfill Afghanistan’s request of exporting fortified flour to Afghanistan–a request previously ignored by Pakistan. Afghanistan Chamber of Commerce and Industries (ACCI) said Saturday that Kazakhstan business owners have agreed to ensure that at least 50% of

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NATO pledges $2.7mn for reconstruction of military hospital in Kabul

The NATO-led Resolute Support Mission in Afghanistan had pledged USD 2.7mn for the reconstruction of the Kabul military hospital which recently witnessed a six-hour siege that left at least 50 people dead. According to the Resolute Mission spokesperson Capt Bill

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New geological center opens in Kabul

The British Ambassador to Kabul Domenic Jermey inaugurated a new geological center in Kabul on Monday. The USD 373,000 laboratory will enable Afghanistan to carry out tests on its minerals inside the country. “Minerals in this country and the wealth

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Afghanistan’s transit plans aligned with One Belt, One Road initiative

Finance Minister Eklil Hakimi announced at the One Belt, One Road (OBOR) Forum for Asia Annual Conference 2017 this week in China that Afghanistan’s trade and transit plans were aligned according to OBOR’s initiative. Addressing the Forum, Hakimi said Afghanistan

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Afghan government to open mother and child hospital in Balkh

The Afghan government started the construction of a new 253-bed mother and child hospital in Mazar-e Sharif’s regional hospital. Funded by the German government, the new facility costs more than one billion AFN. The new hospital will provide appropriate health

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Torkham closure causes $3bn in losses to Pakistan

Pakistan’s move to shut down Torkham border has backfired, inflicting a USD 3bn dollar onto its economy. According to Afghanistan’s Chamber of Commerce and Industry (ACCI), Torkham closure has resulted in replacement of Pakistani products in Afghan local markets with

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Workshop held on protecting children’s rights in Afghanistan

Two-day workshop on the protection of children’s rights concluded in Mazar-e Sharif. It aimed at developing a strategy to strengthen local institutions and community groups in protecting children’s rights. Organized by the Rushd Training and Consultancy Organization (RTCO), the German

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IOM launches €18mn project to support returnee reintegration in Afghanistan

IOM has launched a four-year, €18 million project with funding from the European Commission’s Directorate-General for International Cooperation and Development (DG DEVCO) to support returnees and host communities across Afghanistan. The project will help foster sustainable reintegration by promoting economic

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Afghanistan to build a modern print factory to print own money

Afghanistan is going to establish a modern Sukuk printing  company, which enable it to print its own money, in a joint investment with Germany. The company will be built in Jangalak industrial township in southwestern Kabul. Afghanistan and Germany will

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Afghanistan’s National Priority Plan on Women’s Economic Empowerment

The National Unity Government (NUG) of Afghanistan officially presented the National Priority Plan on Women’s Economic Empowerment to its citizens on Thursday. The plan aims at developing women’s capacity to strengthen their household economies, but also to positively impact Afghanistan’s

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Japan pledges $8.7mn to improve agriculture in Herat

The Japanese government has pledged USD 8.7mn grant to support agriculture in the western Herat province of Afghanistan through the “Project for Improvement of Agricultural Value Chain in Herat”. An agreement to that effect was signed by Kenji Enoshita, Charge

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Pakistan further intensifies restrictions on borders with Afghanistan

The Pakistani government announced extra security measures and border restrictions on its borders with Afghanistan following a deadly attack on a Sufi shrine in Sindh province on Thursday. Pakistan’s enforcement of new border restrictions has led to uncertainties within the

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Afghanistan ranked 163rd by the Index of Economic Freedom of Heritage Foundation

Afghanistan  has made its first entry in the annual Index of Economic Freedom of The Heritage Foundation and is ranked 163rd place out of 186 countries. This comes after Afghanistan became a member of the World Trade Organization (WTO) in

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International Chamber of Commerce opens office in Kabul

The Office of the International Chamber of Commerce (ICC) was formally inaugurated in Kabul on Thursday in presence of senior government officials, including deputy foreign minister Hekmat Khalil Karzai. Addressing the ceremony, Karzai said the ICC office in the capital

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IMF calls on international community to rise to returning refugees challenge in Afghanistan

The International Monetary Fund (IMF) called on the international community to assist Afghanistan with the financial burden caused by the influx of refugees. “While the Afghan government works to strengthen internal coordination and strategic planning, the international community also needs

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Afghanistan, China sign $204.9mn road construction deal

Afghanistan awarded the Dara-e-Suf to Yakawlang road project to a Chinese firm after its bid of USD 204.9mn was approved by the Afghan government. An agreement to that effect was signed by Afghan Public Works Minister Mahmoud Baligh in the

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