Business
Japan pledges over $122 million in aid to Afghanistan for 2021
Japan has announced its decision to provide over $122 million to support humanitarian and development programs in Afghanistan for the year 2021.
In a statement issued on Monday, by the Japanese Embassy in Kabul, this aid “is a vigorous step forward in realizing Japan’s pledge delivered at the Geneva Conference in November 2020, where Foreign Minister Mr. Motegi Toshimitsu affirmed Japan’s long-lasting friendship with and support for the people of Afghanistan, and pledged financial assistance up to 180 million USD per year between 2021 and 2024, a figure
comparable to the past four years.”
The embassy stated that this $122.2 million contribution forms a part of Japan’s assistance to Afghanistan to be disbursed in 2021.
“It will enable implementation of 17 humanitarian and development assistance projects orchestrated by various organizations throughout the country, aiming for the betterment of livelihoods through multiple approaches,” read the statement.
“Enhanced security sector plays an essential role in the Afghan-led nation building as we gaze at peace on the horizon. Our continuous contribution to the Law and Order Trust Fund for Afghanistan (LOTFA) exemplifies Japan’s commitment for a peaceful Afghanistan, as LOTFA is a significant multi donor program that plays a vital role in strengthening the country’s security sector,” said Japan’s Ambassador to Afghanistan OKADA Takashi.
“In light of the global pandemic, we also believe that assistance for vulnerable segment of the population who are most severely affected is essential. We truly hope that this new support will contribute to bringing about as many joyous smiles of Afghan people as possible,” he said.
Japan has been assisting Afghanistan’s nation-building efforts in various
fields including security, agriculture, rural development, human capacity
development, education, health, infrastructure, culture and humanitarian
assistance for many years.
With the upcoming disbursement of $122.2 million, the cumulative Japanese assistance to Afghanistan since 2001 will amount to $6.9 billion.
Business
Shoemaking industry in Takhar province facing stagnation
A number of shoemakers in northern Takhar province say that while their handmade shoes are of better quality than imported shoes, but still sales are down.
According to them, there were more than 20 shoe-making shops in the past, but now some have been closed due to the decline in sales.
The shoemakers make most of their shoes from leather. A number of industrialists say that this industry is now facing stagnation.
Abdul Raqib, a shoemaking factor owner, said: “The government should support us. Currently, we import soles. It can be made with good quality in Afghanistan, and we could even compete against Turkish shoes.”
Meraj, another shoemaking factory owner, said: “Shoe sales were higher in the republic era. There were military shoes. Sales have declined now, but we still thank Allah.”
Shoemakers make these shoes with basic tools and by hand, with 5 to 8 people working in each shop.
Javed, a shoemaker, said: “Our sales are not so good. We can make any type of shoe or slipper. We want the government to support us.”
A number of Takhar residents say that domestically produced shoes are of high quality and with lower price compared to imported shoes, so people prefer domestic products to foreign products.
Mir Ata, a resident of Takhar, said: “We are very happy about domestic shoes. People should buy it. They are of good quality.”
However, the officials of Takhar Industry and Commerce Department say that they are committed to support the industrialists.
Abdul Rahman Ghaznawi, provincial director of industry and commerce, said: “People prefer domestic shoes and slippers. Takhar’s products are sold in Kunduz, Baghlan and Badakhshan as well.”
Meanwhile, industrialists say that if the government supports them, they will be able to make the best products and can be more competitive.
Business
Daily truck clearances at Torkham drop from 400-500 to 5-10
Pakistan’s Sarhad Chamber of Commerce and Industry (SCCI) has said that daily truck clearances at Torkham crossing have declined from 400-500 to 5-10.
SCCI President Fazal Muqeem Khan said this at the signing ceremony of a memorandum of understanding (MoU) with the Pakistan-Afghanistan Joint Chamber of Commerce and Industry to promote bilateral trade and cooperation.
He said the volume of trade between Pakistan and Afghanistan had fallen from $3 billion to $1 billion annually.
Fazal Muqeem also highlighted the adverse impact of the 2% Infrastructure Development Cess (IDC) imposed by the Khyber-Pakhtunkhwa government on trade and transit.
Business
Turkish scholars, charity officials assess investment prospects in Afghanistan
Officials pledged to encourage Turkish investors to explore and capitalize on investment opportunities in Afghanistan
Afghanistan’s Acting Minister of Energy and Water, Mullah Abdul Latif Mansoor, met with a delegation of Turkish scholars and officials from the Adif Charity Foundation on Tuesday to discuss various political, religious, and social issues.
According to the Ministry of Energy and Water, Mullah Mansoor praised Adif’s humanitarian efforts in Afghanistan and highlighted the country’s ample resources for energy production.
He emphasized that Afghanistan currently offers a favorable environment for investment in all sectors, assuring the Turkish delegation of the Islamic Emirate’s commitment to ensuring the safety and security of investors and their assets.
In response, Adif officials pledged to encourage Turkish investors to explore and capitalize on investment opportunities in Afghanistan, signaling a potential boost in economic and developmental cooperation between the two nations.
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