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Ghani Reveals the Constraints Facing Afghan Economy

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(Last Updated On: October 24, 2022)

Addressing a private sector side event in Geneva on Tuesday, Afghanistan’s President Ashraf Ghani pointed out the constraints that have challenged the Afghan economy.

Ghani said that they need to identify and deal with constraints facing the Afghan economy.

“Our most fundamental constraint is that international institutions are basing their project assistance on projects. Their model of development is to projects but no country on earth that I know off is achieved a sustainable growth on a project bases,” he said. “We need to shift the programs and strategies.”

He also talked about the constraints of infrastructure, renewable energy, and credit in his country.

In parts of his speech, the president said that Afghanistan’s natural resources can play a crucial role in dealing with poverty in the country.

“To deal with poverty and instability on one side, but prosperity and empowerment on the other, the other side of the equation is our natural resources. Our natural resources are estimated to be worth one trillion dollars. But they remain on paper,” Ghani said.

He further said that the government has created the legal structure for mining and natural resources so that they become “manifest” a source of stability and prosperity.

At the event, the U.S. Ambassador to Afghanistan John Bass said that his country will generate its contributions to supporting peace, security and durable settlement to the conflict that has been devilled to Afghan society for too long.

“I just want to reinforce that the United States will continue to be a strong partner of everyone in Afghanistan whether it is inside the government or outside the government who is committed to achieving this kind of solutions that benefit broader society,” Bass said.

Dr. Ehsan Bayat, the Founder and Chairman of the Bayat Group who also attended the event, said that Afghanistan has proven itself to be a creative, dynamic and resilient nation, adding that lack of talent has been not a challenge in his country.

He said the Afghan entrepreneurs are passionate to achieve success and prosperity, keen to learn new skills and quick to take on new challenges.

“I have more than 6,000 employees in my organization and I am proud that we have young Afghan men and women filling key jobs including technical jobs,” Dr. Bayat said. “Our nation has thousands of young Afghans who are motivated, ready and keen to work in help you achieve commercial success.”

This comes as the Afghan government and the United Nations are co-hosting the Geneva conference on Afghanistan on Tuesday and Wednesday. The conference is aimed to show the solidarity of the international community with the Afghan people and the government in their efforts for peace and prosperity; and for the Afghan government to renew its commitment to development and reform.

The conference is a crucial moment for the Afghan government and international community to demonstrate progress and commitment, and maintain the momentum for elections and opportunities for peace. It is also vital in measuring results against the $15.2 billion committed by the international community for Afghanistan in 2016.

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Contract worth $53 million signed for construction of last section of Khaf–Herat railway

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(Last Updated On: March 29, 2024)

A contract worth $53 million was signed Thursday for the construction of the last section of Khaf-Herat railway that connects Afghanistan with Iran.

The contract was signed between Afghanistan Railway Authority and Gamma Group in the presence of Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar, his office said in a statement.

The segment is 47-kilometer long, stretching from Rabat Parian to Herat International Airport and the Industrial Town, according to the statement.

It added that completion and standard operational readiness are expected within approximately two years.

“Upon its completion, this segment will integrate the Khaf-Herat regional connectivity project with Iran’s significant seaports and facilitate access to Europe via the Turkish railway network,” the statement said.

“Furthermore, traversing Afghan territory, it will bolster commercial exchanges between Central and South Asia. Notably, this project’s realization will enable the expansion of railway networks into Farah, Nimruz, Helmand, and Kandahar provinces,” it added.

Gamma operates across Europe and Asia in multiple sectors including construction, renewable energy, power transmission, mining, railways among others.

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US urges IEA to fulfill counter-terrorism commitments

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(Last Updated On: March 29, 2024)

The US State Department said on Thursday that Washington is committed to ensuring that Afghanistan can never again be a launching pad for terrorism.

“We remain committed to ensuring that Afghanistan can never again be a launching pad for terrorism, and we continue to push the Taliban (Islamic Emirate of Afghanistan) to fulfill all of their counterterrorism commitments to the international community,” the department’s spokesperson Matthew Miller said at a news briefing in Washington.

He reiterated that the United States had clearly communicated to the IEA that it’s their responsibility to ensure that “they give no safe haven to terrorists, whether it be Al Qaeda or ISIS-K or any other terrorist organization”.

Miller also reassured US allies that Washington was closely watching the developments in Afghanistan and was ready to deal with any threat emerging from the region.

“We remain vigilant against the evolving threat of these terrorist groups, and our global coalition to defeat ISIS and the C5+1 help intensify our efforts to monitor terrorist threats from the region and prevent their ability to raise funds, travel, and spread propaganda,” he said.

C5+1 refers to a diplomatic platform involving the five Central Asian states (Kazakhstan, Kyrgy­zstan, Tajikistan, Turkmenistan, and Uzbekistan) and the United States. It serves as a forum for discussing and addressing regional issues such as security, economic development, and cooperation.

“The United States remains vigilant against the evolving threat posed by terrorist groups, including ISIS-K, and has maintained an unwavering focus on terrorism since President Joe Biden took office three years ago,” Miller said.

The US, he said, was “working both unilaterally and with its partners to successfully disrupt threats across the globe and degrade ISIS”.

“We will continue to work to hold ISIS accountable for its actions and to prevent terrorist attacks against the United States and other Western countries,” Miller said.

This comes as IEA has repeatedly said that it is committed to not allowing anyone to use Afghanistan soil against any other country.

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IEA condemns Israel for confiscating 800 hectares of land in West Bank’s Jordan Valley

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(Last Updated On: March 29, 2024)

The Islamic Emirate of Afghanistan (IEA) strongly condemned on Thursday Israel’s decision to seize 800 hectares of land in the occupied West Bank’s Jordan Valley region.

In a statement, the Foreign Ministry said that the recent actions by “the Zionist regime demonstrate that it does not to adhere to international laws, especially international humanitarian law.”

“Continuation of such unilateral actions and ignoring the rights of Palestinian people will further deteriorate the situation,” the statement said.

“The Islamic Emirate of Afghanistan expects international actors, particularly influential regional Muslim countries to fulfill their legitimate, human and moral responsibilities in supporting the oppressed people of Palestine and prevent the expansion of illegal settlements in the occupied territories,” it added.

Israeli media have reported that Israel seized 800 hectares of land in the Jordan Valley region of the occupied West Bank, claiming it as “state land.”

It is reported the seized land could be used for the construction of illegal Jewish settlements.

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