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Afghanistan’s private sector, World Bank discuss investment

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The private sector of Afghanistan and representatives of the US, UK and Italy, as well as representatives from the World Bank, have met in Türkiye and discussed supporting investment in Afghanistan.

Members of Afghanistan Chamber of Commerce and Industry who had taken part in the meeting, asked the international community to lift economic and banking sanctions to facilitate further investment in Afghanistan.

“The problems of Afghanistan’s private sector have foreign aspects. We asked the foreigners to consider the foreign problems of Afghanistan. We asked them to lift sanctions and recognize the Afghan government,” said Mohammad Yunus Momand, the first deputy of ACCI.

Meanwhile, the Afghanistan Chamber of Industry and Mines stresses the resumption of operations of the world community in Afghanistan to ensure economic development in the country.

“If the World Bank and international community want to mitigate the current economic crisis, the World Bank should be cooperative with the private sector of Afghanistan,” said Ahmad Sakhi Paiman, the first deputy of Afghanistan Chamber of Industry and Mines.

The Ministry of Economy urged the World Bank to resume their activities in Afghanistan and provide employment opportunities for Afghans by resuming their incomplete projects in the country.

“Resumption of work on incomplete projects by the World Bank will be effective in economic development and creating employment opportunities for the Afghan people. We ask the World Bank to reopen their branch in Afghanistan and help the economic development of the country,” said Abdul Latif Nazari, Deputy Minister of Economy.

Earlier, the World Bank had said in a report that 29 projects funded by the World Bank were left incomplete since the power seizure by the Islamic Emirate.—Tolonews

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