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Business confidence in Afghanistan to boost after signing of BSA

The Bilateral Security Agreement (BSA) is going to be signed on Tuesday between Afghanistan and the US government. The BSA is a key document that will determine the volume of the US troops to stay in Afghanistan after 2014. The

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Afghanistan to request for more aid in the next NATO summit

Afghan government officials conferred on finalizing the agenda for the upcoming North Atlantic Treaty Organization (NATO) summit that is due to be held in Wales, United Kingdom on September 4-5. The main part of the agenda would be proposing a

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US to donate USD 300mn in aid to Afghanistan over the next five years

As Afghanistan is going into a political and economic transition, the US government considers providing almost USD 300mn in new aid programs to the war-torn country. According to Bloomberg, USD 92mn of the aid would be earmarked for education programs

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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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Moving Policy from Paper to Practice

In July of 2013 the Government of Afghanistan revealed new incentives to attract domestic and foreign investment called Investment Promotion Policy during the Transitional Period. The incentives included providing land at almost no cost to industrialists, up to a seven-year

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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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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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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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Business confidence dwindles, as BSA swings in the wind

Unsure about Afghanistan’s security situation, businessmen and investors have begun withdrawing or stalling their capital and assets. Business confidence tumbled after President Hamid Karzai refused to sign the Bilateral Security Agreement (BSA)–an essential security pact that determines the magnitude of

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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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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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