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Dozens of foreign traders receive investor licenses in Afghanistan: MOIC
The Ministry of Industry and Trade (MOIC) says that it has distributed investment licenses to hundreds of foreign businessmen in Afghanistan over the past year.
MOCI officials said Tuesday that they are trying to attract foreign investment from large companies in order to boost Afghanistan’s economic sector.
According to them, four times more foreign investor licenses have been issued this year compared to last year. Officials also said foreign investors were doing business in various parts of the country.
"Our figures indicate that issuing license to foreign companies has increased four times more this year compared to last year," said Jawad Dabir, a spokesman for the Ministry of Industry and Trade.
"This shows that foreign investment has a positive impact in Afghanistan but the leadership of Industry and Trade believes that it should have economic ties with the region and the world," Dabir added.
However, Afghan Invest Company officials have said the IEA also needs to increase facilities for domestic investors.
"The best way is that the domestic companies must be supported and the foreign firms should jointly invest with the internal companies in Afghanistan," said Sherbaz Kaminzada, head of Afghanistan Industries and Mines Chamber (AIMC).
Economic experts have also appealed to the MOIC to increase facilities and to give more focus to domestic investors and to encourage more joint foreign and domestic investment.
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Azizi expresses concern, says Afghans invested billions in neighboring countries
Acting Minister of Industry and Commerce, Nooruddin Azizi, has expressed concern over the investments made by Afghans in neighboring countries and the region, amounting to billions of dollars.
In an exclusive interview with Ariana News, Azizi revealed that his ministry is actively working to facilitate the return of Afghan investments from neighboring countries and the region back to Afghanistan.
He explained that discussions have already been initiated with several Afghan investors on this issue.
“I cannot provide exact figures, but Iran has previously stated that Afghans have invested nearly $9 billion in the country,” he said.
However, he was optimistic, adding, “By the grace of God, we have enacted laws that are gradually enabling immigrants, the private sector, and our entrepreneurs to invest within Afghanistan.”
Azizi also highlighted the ministry's efforts to support industrialists, mentioning that programs for land allocation and electricity supply are advancing quickly.
He announced that 150,000 acres of land would be distributed for economic activities to boost domestic industry.
Furthermore, the Acting Minister revealed that Afghanistan has successfully convinced Uzbekistan to invest in the country’s electricity sector.
While banking issues faced by Afghan traders in neighboring countries and the region have been resolved, Azizi acknowledged that challenges remain at the international level.
Azizi also stressed that the Ministry of Industry is working tirelessly to expand new export markets for Afghan products, aiming to reduce traders’ reliance on specific markets, particularly Pakistan.
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Pakistan says it respects Afghanistan’s sovereignty
Mumtaz Zahra Baloch, the outgoing spokesperson of Pakistan's foreign ministry, on Thursday said Pakistan respected the territorial integrity and sovereignty of Afghanistan.
In her last media briefing, Baloch outrightly rejected social media reports about any attack by the Pakistani armed forces inside Wakhan district of Badakhshan province in Afghanistan.
She said Pakistan desired friendly relations with all the neighboring countries, including Afghanistan, and a dialogue was ongoing between Islamabad and Kabul.
“We will continue dialogue with the Afghan government on all aspects of bilateral relations, including the border situation,” Baloch said while responding a question about reports of attacks by the Afghan security forces from across the Durand Line.
“Pakistan believes in diplomacy and will continue to engage the Afghan government.”
Asked about the air attacks conducted by the Pakistani forces along Pakistan-Afghanistan border late last month, she said Pakistani troops carried out attacks in the border area only to thwart any terror threat.
“Any terrorists trying to enter the Pakistani territory will be responded. Our forces are fully prepared to defend the sovereignty of our territory,” she stated.
Pakistani officials have repeatedly claimed that attacks in the country are rooted in Afghanistan. The Islamic Emirate of Afghanistan (IEA), however, has rejected the claim saying Afghanistan is not responsible for Pakistan's "security failure."
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Biden national security adviser offered to resign over chaotic Afghanistan withdrawal: report
US National security adviser Jake Sullivan reportedly offered to resign from President Biden's administration after the botched withdrawal from Afghanistan in 2021, according to The Washington Post's David Ignatius.
Ignatius, a Washington Post columnist, spoke to Sullivan and several of his colleagues as the Biden administration nears its end.
Several of Sullivan's colleagues reportedly told Ignatius that Sullivan offered to resign, and President Biden insisted the national security adviser stay on, according to the report.
Ignatius reported that the Afghanistan withdrawal "broke the early comity" of the Biden administration's national security team, and created a riff between Sullivan and Secretary of State Antony Blinken.
The 2021 withdrawal claimed the lives of more than a dozen American soldiers and led to the Islamic Emirate of Afghanistan (IEA) retaking control of the war-torn nation.
"You cannot end a war like Afghanistan, where you’ve built up dependencies and pathologies, without the end being complex and challenging," Sullivan told the Post columnist. "The choice was: Leave, and it would not be easy, or stay forever."
He added that "leaving Kabul freed the [United States] to deal with Russia’s invasion of Ukraine in ways that might have been impossible if we had stayed."
Ignatius wrote that the Pentagon resisted Biden's call to remove all U.S. troops from Afghanistan and argued in favor of "a residual force of 2,500 in Kabul."
Sullivan reportedly initially shared the Pentagon's concerns, Ignatius wrote, citing two close advisers.
However, he set out to "loyally" uphold Biden's plan to completely withdraw.
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