Business
India to build Shahtoot dam in Kabul
India’s External Affairs Minister S. Jaishankar announced on Tuesday at the Geneva Conference 2020 that his country will build a new dam to provide Kabul residents with safe drinking water.
Addressing delegates virtually, Jaishankar said the Shahtoot dam will help supply Kabul residents with water.
“I am happy to announce today an agreement with Afghanistan for building the Shahtoot dam which will provide safe drinking water to two million Kabul residents.
He also said India will launch phase four of a high impact community development program in Afghanistan, which includes around 150 projects worth $80 million dollars.
He stated India has invested heavily in peace and development in Afghanistan but said his country calls for an immediate and comprehensive ceasefire.
“We also believe that the peace process must be Afghan-led, Afghan-owned and Afghan-controlled.”
A feasibility study for the dam was reportedly finalized in 2012 and the estimated cost will be around $236 million.
This dam would also allow for irrigation systems to cover 4,000 hectares of land in the Charasiab and Khairabad districts of Kabul province.
Once complete, officials said the dam will hold 146 million cubic meters of potable water for two million people in Kabul and irrigation water for over 4,000 hectares of land.
India has played a major role in the reconstruction of Afghanistan since the fall of the Taliban regime and has invested over $2 billion in various reconstruction and infrastructure projects.
In 2016, Ghani and Indian Prime Minister inaugurated the Indian-funded “Friendship Dam” in Heart Province, which can also irrigate over 80,000 hectares of land and provide electricity to thousands of homes in the western Afghan province of Herat.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
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