Business
Recca Summit Proves Donors Still Support Afghanistan:Experts
Holding of the Regional Economic Cooperation Conference on Afghanistan (RECCA-VI) has approved that Afghanistan hasn’t been fallen from the attention of the International community.
A number of the political experts have insisted that holding of such regional summit has added up to the value of the Afghanistan for international community and has paved the ways for drawing more investments in the country.
As the Recca entered into the second day of the Recca session where 30 countries and 40 international NGOs have attended this will add more credit to Afghanistan for holding such important regional summit in Kabul.
Political Expert Nasratullah Istanikzai said,” in the following summit Afghanistan gained more credits of trusts from International community, it will pave more ways for boosting our economy.”
“Despite of a lot of challenges in Kabul Afghan Officials have held RECCA summit and this has proved that Afghanistan hasn’t been forgotten by the International community the other Political expert Ahmad Saiedi said.”
Political expert Taher Hashimi said,” this depends to the Government how to gain the regional and World countries attentions in order to resolve its problems within its Government.”
After Taliban regime falls several National and international summits were held about Afghanistan, most of the experts believed that the way of using sources were wrong and Government has failed to do so in order to fulfill the International community demands.
Reported By Fawad Nasiri.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.
The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.
The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.
“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.
Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.
The chamber officials stressed expanding the culture of using domestic products in government projects.
“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.
Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.
Da Afghanistan Bank (DAB) announced Monday that online exchanges are banned and legal action will be taken against anyone who violates the order.
DAB said in an announcement that it has not issued any license to any person or company to operate an online exchange, because such activities are illegal.
“Da Afghanistan Bank requests our dear compatriots to refrain from online exchange transactions due to the risks, damages and subsequent consequences of these transactions,” it said.
DAB added that the issue has been shared with intelligence and security institutions and legal action will be taken against violators.
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