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Hamid Karzai’s welfare foundation launched in Kabul

Former Afghan President Hamid Karzai has established a welfare foundation in Kabul. Addressing the inaugural ceremony in Kabul on Saturday, Karzai said the Foundation would work to improve the education sector and provide more education opportunities for Afghanistan’s new generation.

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Outgoing President Karzai thanks the international community for their support

President Hamid Karzai expressed his gratitude to the international community for their support in rebuilding the war-torn country. He acknowledged Afghanistan would not have witnessed political, social and economic growth without the global community’s assistance and aid. Addressing members of

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President Karzai discusses Afghanistan’s economy with presidential runners

President Hamid Karzai chaired a high-level meeting on Thursday to confer on Afghanistan’s current economic situation. The meeting was attended by two presidential runners—Dr. Abdullah Abdullah and Dr. Ashraf Ghani—first Vice President, Ministers of Finance, Commerce and Industry, Economy and

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Afghanistan donates USD 500,000 to Gaza

The Afghan government has pledged USD 500,000 in aid to Gaza following a meeting that took place in the presidential place. The meeting was attended by President Hamid Karzai and other senior government officials who strongly condemned the appalling attacks

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Afghan national income reduced by 20% due to elections

Afghan Finance Ministry official announced Saturday that the national income was reduced by 20% due to the prolonged election process. The Ministry’s spokesperson Abdul Qader Jailani said economic activities have been declining since the beginning of elections with imports reduced

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US cuts off funds for seven major infra projects in Afghanistan

Millions of dollars of fund for seven key infrastructure projects in Afghanistan have been halted by the US government, and there is no sign of resuming aid. The US government had committed to bear some of the costs of Dahla

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President Karzai declares support for Afghan banks

President Hamid Karzai conferred on the challenges facing the Afghan banks at a meeting attended by concerned ministers, chairman of the Central Bank and heads of the private banks. The meeting came after China announced halting financial transactions with Afghan

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Russia, Afghanistan discuss expanding ties

Russian Special Envoy for Afghanistan and Pakistan, Zamir Kabulov, met with President Hamid Karzai on Tuesday to confer on expanding ties between the two nations. Kabulov ensured President Karzai that his country would continue to support Afghanistan during its economic

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Afghanistan will continue to enhance ties with China: President Hamid Karzai

Cooperation between Afghanistan and China will continue, said President Hamid Karzai on Wednesday. Speaking highly of China, President Karzai said ties between China and Afghanistan had significance to both countries in the areas of war against terrorism, stability in the

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Afghanistan, Tajikistan ink cooperation pacts

Afghanistan and Tajikistan signed memorandum of understandings to encourage cooperation in the areas of customs, arts, culture, media and investment. Addressing the signing ceremony of the agreements, President Hamid Karzai said the pacts signified the growing relations between the two

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GSM, 3G services to be available across Afghanistan in 6 months

President Hamid Karzai inaugurated the much-awaited 3G mobile technology project and GSM (Global System for Mobiles) services in Kabul. The projects, being introduced in 10 provinces, would be extended across the nation over the next six months. Addressing the inaugural

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BSA crucial for Afghanistan’s telecom sector growth

Afghan Telecommunications and Information Technology Minister Eng. Amirzai Sangin expressed concerns over the insecurity that has been hindering telecom sector growth. Addressing a press conference in Kabul, Sangin said instability in the country has prevented his Ministry from expanding its

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Japan promises to continue assistance to Afghanistan

Japan’s Parliamentary vice Minister for Foreign Affairs, Takao Makino, during his visit to Afghanistan paid a courtesy call on President Hamid Karzai and assured that his country would continue to support Afghanistan. He regarded 2014 as a crucial year for

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Karzai in India to discuss bi-lateral relations

Afghan President Hamid Karzai is visiting India to discuss bilateral relations and cooperation between the two neighboring nations. During his four day visit, Kazrai is scheduled to meet Prime Minister Manmohan Singh and to visit Pune where he is to

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Risk billions of dollars of aid or sign security pact, Karzai is warned

Afghanistan’s future stability and development is tied to the outcome of the Bilateral Security Pact, which President Hamid Karzai is tenaciously refusing to sign, despite receiving approval from the 2,500-member Loya Jirga. NATO and US officials in Brussels warned Afghan

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Afghani dips against the US dollar

The value of the US dollar has appreciated against the Afghani currency, with the buying rate currently standing at 58.25 AFN. Earlier this year, the US dollar was sold at an exchange rate of 52-53 AFN. Local moneyexchangers have linked

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Afghanistan’s security accord essential for economic stability

While a majority of the 2,500-member Consultative Loya Jirga agreed to the Bilateral Security Agreement text, President Hamid Karzai has refused to sign the agreement. Karzai ended the Jirga in a rather dramatic fashion by insisting that “America cannot kill

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Afghanistan's security accord essential for economic stability

While a majority of the 2,500-member Consultative Loya Jirga agreed to the Bilateral Security Agreement text, President Hamid Karzai has refused to sign the agreement. Karzai ended the Jirga in a rather dramatic fashion by insisting that “America cannot kill

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Afghanistan calls for closer economic ties with Iran

President Hamid Karzai in his meeting with Iran’s Deputy Foreign Minister in Kabul called for further strengthening of economic relations between Iran and Afghanistan. He said improved links in diverse fields were in the interest of both neighbors. President Karzai

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USD 200mn aid package pledged to Afghanistan by UK

The UK government has pledged over USD 200mn in annual aid to Afghanistan until 2017. Britain’s Secretary for International Development Justine Greening made this announcement during her meeting with President Hamid Karzai at the Presidential Palace. She said her country

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President Karzai visits construction site of the new parliament building

President Hamid Karzai along with speakers of the House of Representatives and the Senate and Ministers of Finance, Urban Development and Public Works visited the construction site of the new parliament building. The construction of the new parliament building is

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US assistance to Afghanistan depends on finalizing the security pact

During his visit to Kabul city, American Senator Carl Levin said that the  US would not be able to provide any assistance until the Bilateral Security Agreement (BSA) between the two nations is signed. “I told President Karzai that we

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Karzai signs cooperation pacts with Tajikistan

Afghan President Hamid Karzai met with his Tajik counterpart, Emomali Rahmon to confer on strengthening economic ties between the two nations. Karzai was accompanied by a delegation of high ranking Afghan government officials in this trip. According to reports, the

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Sino-Afghan trade volume sees a steady rise during 2002-2009

According to China Customs, economic cooperation between China and Afghanistan between 2002 and 2009 has expanded ten-fold. The trade volume between the two nations grew from USD 20 million to 214 million in the past decade. In order to spur

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Afghanistan can contribute to the formation of a new Euro-Asia economic architecture: Karzai

President Hamid Karzai attended the 5th Euro-Asia Economic Forum, which is held in China’s Shaanxi Province under the theme of “Forum concrete Collaboration to Mutual Boom”. Sharing the investment opportunities and potentials of Afghanistan, Karzai emphasized on the strategic location

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