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Showing posts from May, 2019

There is no country in the world with greater untapped economic potential than Afghanistan - #InvestInAFG

The President of Afghanistan H.E. Ashraf Ghani said that the management of industry and production has been AFGHANIZED  and the government should become a partner in the private sector. Addressing a ceremony celebrating the “Industry Week” in the capital Kabul, Afghan president said that the activity of industry and the impact of their capital was tangible. “Four years ago, the management of industries was in the hands of foreigners, but today I see the absolute management of the Afghans, this is really a great progress.” He said the Afghanization of management in the industry and production showed that investors and industry workers provided a well-trained, perseverant and dignified workforce. “The government should remove the obstacles and become a partner of the private sector and industry – a real and long-term partner”, he added. The investment climate has changed in the last four and a half years in Afghanistan, and mutual trust and mutual respect between the private sector and

New American sanctions on Iran harm Afghan exporters

The Chamber of Commerce and Industries of Afghanistan (ACCI) said that news U.S. sanctions on Iran are one of the key challenges which threaten economic and trade activities through the Iranian sea port of Chabahar.  At least 50 containers of Afghan goods are ready to be exported through Chabahar port to Chinese and Indian markets, but the export of the goods has been disrupted due to problems in money transactions. Afghan and Indian banks are not able to transfer money through the port, said a representative of ACCI. “The US treasury should permit the World Bank and IMF so that we can open the letter of credits,” said the ACCI representative.

💚 Ramadan Kareem!

I wish a Happy and Peaceful #Ramadan to all my Afghan Friends & Colleagues and all Muslims around the World! #RamadanMubarak Ivo TONIUT #RamadanKareem

Afghanistan Women Chamber of Commerce (AWCCI) among World Chambers Competition 2019 finalists

Representing 11 countries, the selected 16 chambers will each have the opportunity to present their innovative initiatives to the global network of chambers attending the 11th edition of the World Chambers Congress in Rio de Janeiro, Brazil from 12-14 June 2019. The finalists were selected from 76 submissions. Taking place in conjunction with the World Chambers Congress, the World Chambers Competition is the only award program of its kind to recognize pioneering projects undertaken by chambers from around the world. With more than 1,200 delegates from over 110 countries in attendance, the Competition provides the well-warranted visibility chambers deserve. Categories: Best Education and Training Project, which acknowledges chambers who are proving that investing in education and training can be crucial to the establishment, advancement and success of small-and medium-sized enterprises (SMEs), and foster economic development and job creation. Best SME and Entrepreneurshi

Afghanistan to decide on Aynak copper deposit project soon

The acting Minister of Mines and Petroleum of Afghanistan, Ms. Nargis Nehan, said that the Afghan Government is expected to announce its position on the fate of Mes Aynak copper deposit in the near future and that Government will terminate the contract if the contractor is no longer willing to move forward work on the project. “The main issue on the project is that on one hand there are historic sites located at Mes Aynak which archaeologists say that there is a need for underground extraction on the site so that the historic relics are not harmed, but the contractor company says that this approach is not economically good. We are trying to convene a meeting in a month to resolve the problem. There are two options on the talks: either the company starts work or the contract will be terminated,” the Minister said. Ainak mine is located in Logar Province and it is the biggest copper mine in Afghanistan that has attracted a lot of foreign investors. Aynak copper deposit is considered o