Business
USAID Pledges $791 Million in Development Aid to Afghanistan
The United States Agency for International Development (USAID) announced the obligation of $791 million to support programs that achieve Afghan-led, sustainable development.
The agreement was signed between USAID Director, Herbert Smith and Minister of Finance Eklil Hakimi during a ceremony on Monday.
According to a statement by the Ministry of Finance, the funds obligated under the agreements will support programs that achieve strategic development objectives, including a thriving economy led by the private sector, a democratic government with broad citizen participation, and a better educated and healthier Afghan population.
“These agreements are a testament to the enduring partnership between the American and the Afghan people. Over the next 12-months, this funding will enable us to implement projects and deliver valued services to our citizens across Afghanistan,” said Afghanistan’s Minister of Finance Eklil Hakimi.
Mr. Hakimi went on to say, “These are some of the first practical steps we are taking to deliver on our commitments and the pledges that were made at the Brussels Conference to help Afghanistan achieve self-reliance.”
In the meantime, USAID Director Herbert Smith said the documents just signed begin to implement the multi-year pledge that the United States made at the recent Afghanistan donor’s conference in Brussels, where the U.S. underscored its enduring commitment to the people of Afghanistan and its National Unity Government.
“This document reaffirms U.S. determination to support the government of Afghanistan in efforts to strengthen Afghanistan’s institutions, maintain gains in education and health services achieved in recent years, and improve the welfare of the Afghan people,” Herbert said.
USAID partners with Afghanistan to strengthen the country’s institutions, maintain gains in education and health services.
Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.
The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.
According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.
According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.
The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.
In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”
The ministry added that one train will run daily for a month and then two trains will run daily.
According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.
Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.
As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.
This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.
A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.
Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.
“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”
According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.
Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.
During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.
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