Taliban seeks economic self-sufficiency and foreign investment for Afghanistan -minister

KABUL (Reuters) – The Taliban regime wants to promote self-sufficiency and wants international trade and investment, the deputy commerce minister said. Afghanistan faces the isolation and suspension of some humanitarian operations over restrictions on women.

“We will launch a national self-sufficiency program, encourage all government agencies to use domestic products, and encourage people through mosques to support domestic products,” he told Reuters. “I will support anything that is useful for self-sufficiency.”

Another part of their strategy was to promote trade and foreign investment, he said.

“Those who used to import goods into Afghanistan from abroad are asking us to provide them with the opportunity to invest in Afghanistan and want to invest here instead of importing from abroad,” he said. Told.

He said countries such as Iran, Russia and China are interested in trade and investment. He said some of the projects under discussion are Chinese industrial parks and thermal power plants involving Russia and Iran.

Already facing a lack of formal recognition and sanctions hampering the country’s banking sector, investors face growing security concerns after attacks on foreign targets in Kabul, claimed by the Islamic State. There is

An attack on a hotel catering to Chinese businessmen this month that left several foreigners devastated may cause some to reconsider investing, according to a key member of the Chinese business community. Told.

Azizi said authorities were working to ensure safety.

“We are doing our best to keep businessmen out of harm’s way. The attacks have not had a negative impact, but[but]if they continue to occur, they could have a negative impact,” he said on the investment climate. mentioned and said.

Azizi has launched a plan to develop the industry by creating a special economic zone on land that was used as a US military base. He said his ministry has presented the plan to the administration’s cabinet and economic committee.

He added that foreign investors have shown interest in Afghanistan’s mining sector, which is valued at more than $1 trillion. companies are participating in the auction and the results will be announced soon.

He said a major contract signed with Russia in September for the supply of gas, oil and wheat would deliver goods to Afghanistan in the coming days.

The Taliban-led regime has faced increasing isolation due to recent policies restricting women’s access to public life, including attending college.

An order banning women NGO workers has disrupted the humanitarian sector that provides emergency assistance to millions, with some organizations shutting down in the midst of the harsh winter. I’m here.

Azizi did not comment on the new regulations, but said his ministry has allocated five acres of land for a permanent exhibition center and a women-led business hub.

“We always support female investors,” he said.

Reported by Mohammad Yunus Yawar. By Charlotte Greenfield.Editing by Jerry Doyle

Our Standards: Thomson Reuters Trust Principles.

Source link

Leave a Reply

%d bloggers like this: