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Afghanistan exported $8.9m fruit juices since April 20

Afghanistan’s exports of fruit juices to foreign countries, including Pakistan and India, mounted to $8.9 in less than two months. Omaid Bahar Factory began exporting pomegranate, apple, melon, mulberry and apricot juices on April 20. The firm receives its fruits

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Afghanistan, India to Co-Host Afghan Investment Conference

Afghanistan and India will co- host the Delhi Regional and International Investor’s meeting on Afghanistan on June 28. The meeting will focus on determining ways to boos up regional investment in Afghanistan.   Representatives from Pakistan, China and Turkey are

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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 (SCO) should be involved in its “peaceful reconstruction”, China’s President Hu Jintao said in Beijing.

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FIRST Female Member of Afghanistan Central Bank’s Leadership Council

President Hamid Karzai introduced two new members including a woman to the Leadership Council of Da Afghanistan Bank, Afghanistan’s Central Bank. The two new members, Nargis Nehan and Mohammad Usmani, were officially introduced today to the Central Bank staff by

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FIRST Female Member of Afghanistan Central Bank's Leadership Council

President Hamid Karzai introduced two new members including a woman to the Leadership Council of Da Afghanistan Bank, Afghanistan’s Central Bank. The two new members, Nargis Nehan and Mohammad Usmani, were officially introduced today to the Central Bank staff by

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Chinese USD 23.8 million Grant to Afghanistan

President Karzai signed a joint declaration with his Chinese counterpart Hu Jintao on Friday on establishing a strategic cooperation partnership between their countries. China promised a USD 23.8 million grant to the Afghan government during the current year, reported President

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Mahmood Karzai blames banking crisis on govt inefficiency

Eminent trader and President Hamid Karzai’s brother, Mahmood Karzai, on Thursday said he had long returned his loan to Kabul Bank, blaming the lingering loan crisis on poor management and inefficiency of the government. Kabul Bank, once the country’s largest

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Chinese Engineers Arrive in Afghanistan to Plan Railway

Engineers from the China Railway Company arrived in Afghanistan to start researching the technical aspects of the railway which will run from the Aynak copper mine south of Kabul to Afghanistan’s shared border with Uzbekistan. Part of the obligation of

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President Karzai Agrees on Economic Projects with China

It is reported that that the delegation from China National Petroleum Company would come to Afghanistan in the next few days to lay out the groundwork for signing of cooperation agreements between the two nations. President Karzai discussed such economic

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5 Uplift Projects to Launch Soon in Afghanistan

Ministry of Public Works signed five uplif t projects agreements with different construction companies in Kabul. Deputy Minister of Public Works, Najibullah Ozhan, signed the agreement with the companies if Ilyas-Wais, Nawi Bahar, Sahak, Sunat Emran-e-Sabz and Killid-e-Tellaye. As per

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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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Body being set up to control fuel prices

A committee is being established to control and fix fuel prices and ensure its supply to the market in an organised manner, the commerce and industries minister said on Tuesday. Anwarul Haq Ahadi told reporters in Kabul the proposed body

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Government Officials Seeking Personal Advantages from Mines

A number of government officials use their authority to intervene in the affairs of mines for the sake of their own advantages. Minister of Mine Waheedullah Shahrani , while speaking in a Security Council meeting , said “a number of

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Kabul Bank Staff Strike

A number of Kabul Bank personnel pulled from working as a result of delays in their salaries and the displacement of some workers. According to sources, the bank officials have promised to handle the demands of the bank employees, but

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Senate OKs strategic pact with US

The Meshrano Jirga — or upper house of parliament — on Sunday approved the strategic cooperation agreement between Afghanistan and the United States, an official said. The accord, a vital document that sets the tone for decade-long ties with the US after

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Afghanistan and India to sign coal exploration pact

According to Indian government officials, a high level Indian delegation is due to visit Kabul to ink a pact with the Afghan mines ministry in a bid to further consolidate India’s growing economic interests in Afghanistan. This comes as the

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EU Suspends $37 Million Aid to Afghan Police

The European Union blocked the release of $37 million to a UN-run fund that financed Afghan Police, a Western Official in Kabul told Wall Street Journal. The European Union, US and Japan are the key donors of the Law and

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Afghan Chamber of Commerce and Industries Emphasis on Domestic Investment

Afghan Chamber of Commerce and Industries (ACCI) officials in a press conference today  emphasized on the support and expansion of investment in the country. Qurban Haqjo, Managing Director at ACCI, said to the press,” ACCI has accumulated and Investment Fund

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Car dealers on hunger strike against Cabinet decision

More than two dozen car dealers from eastern Nangarhar province on Sunday went on a hunger strike against a recent decision of the Cabinet. On Tuesday, the Cabinet decided that 3,800 vehicles — awaiting legal documents — at the Nangarhar

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Afghanistan Interim Strategy Note, 2012-2014

The World Bank’s Interim Strategy Note (ISN) for the Islamic Republic of Afghanistan provides a sustained commitment and vision to the country’s development through the period of transition and beyond. The ISN builds upon a solid track record of results, despite the

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Afghan Foreign Minister to Attend the World Economic Forum in Turkey

Foreign Minister Zalmai Rassoul is going to attend the World Economic Forum on Middle East, North Africa and Eurasia in Istanbul on Sunday. The theme of forum is “Roadmaps for Reform, Pathways to Inclusive Growth” and will therefore convene over

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‘Get Rich by 2014’!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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'Get Rich by 2014'!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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Afghans Complain about oil price increase

According to reports, Afghan households are unhappy about soaring oil prices in the country. Although the government has repeatedly spoken about making efforts to decrease oil prices, a large of people, taxi drivers in particular, complain about high prices of

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President Karzai calls for strengthening of carpet industry

As the concerns over discoloring of Afghan carpets and receding condition of the carpet industry have increased, President Karzai has called on all Afghans to cooperate in strengthening the industry. President Karzai in his latest statement on radio, which was

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