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World Bank to Provide $403 million To Support Education, Rural Women in Afghanistan

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(Last Updated On: October 24, 2022)

The World Bank will provide $403 million to support education and rural women in Afghanistan.

The agreements were signed on Tuesday by Mohammad Humayon Qayoumi, the Acting Minister of Finance and Chief Advisor on Infrastructure and Technology to the President, and Shubham Chaudhuri, World Bank Country Director for Afghanistan in presence of Ministers of Education, Rural Rehabilitation and Development, Higher Education and Deputy Women’s Affairs Minister.

“Investing in women empowerment and education programs sets the direct path towards gender equality, poverty reduction, economic growth and higher income,” the Acting Minister of Finance Humayoun Qayoumi said.

 “Women are remarkable part of the society; empowering them will enormously contribute to economic and social advancement. I am thankful to our ARTF partners and the Global Partnership for Education for their usual cooperation to our development efforts in Afghanistan,” he added.

The largest part of the package, $298 million will be allocated to improve education, $100 million to Women’s Economic Empowerment Rural Development Project and the remaining $5 million grant to the existing $50 million grant Higher Education Development Project.

“Investing in the next generation of Afghans, ensuring that boys and especially girls in all parts of the country have access to a quality education, and unlocking the latent potential of Afghanistan’s women through women’s economic empowerment programs, are probably the two most important initiatives we could support to secure a better future for Afghanistan,” said Shubham Chaudhuri “I am grateful that our ARTF partners and the Global Partnership for Education share this commitment and have contributed to the financing package we signed today.”

The Acting Minister of Education Mirwais, meanwhile, said that 1.7 million Afghan children is deprived of education and that the package could benefit these children in this regard.

“By signing this agreement, important deeds will be done for improving quality of education,” Balkhi said while calling the EQRA project vital.

“ The Ministry of Education has finalized al the practical plans and the program will be completed in due time and in accordance with the specified budget, which in any case will have positive impacts on the education system of the country,” he added.

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Turkmenistan makes ‘significant progress’ on TAPI pipeline project

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(Last Updated On: April 29, 2024)

Turkmenistan has made “significant progress” on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, said TAPI Pipeline Company Limited CEO Muhammetmyrat Amanov.

“Turkmenistan is making significant progress on the TAPI natural gas pipeline, which will supply 33 billion cubic meters to South Asia annually,” he said.

Speaking at the Turkmen Energy Investment Forum (TEIF 2024) currently being held in Paris, Amanov highlighted that Turkmenistan’s section of the pipeline had been completed and ongoing discussions to advance the project beyond Turkmenistan were in strict alignment with the international standards.

He said the project envisaged environmental sustainability by leveraging natural gas to reduce emissions significantly compared to coal and oil, thereby tackling indoor pollution and enhancing regional air quality.

“In light of the ongoing project developments, Turkmenistan remains committed to upholding the international law, fulfilling its obligations and adhering to international norms and regulations,” he said.

This approach reaffirms Turkmenistan’s dedication to global cooperation and legal integrity in executing the TAPI project.

Looking ahead, the project’s focus is shifting to the Herat Offtake Strategy in Afghanistan, which will play a critical role in environmental protection by reducing air pollution, while also contributing to maintaining public safety, he said.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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