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US businessmen enthusiastic to invest in Afghanistan

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Since US-Taliban’s Doha agreement, American businessmen have become more interested to invest in Afghanistan.

Officials of the Afghan-American Chamber of Commerce say that there are more opportunities to trade and do investment in Afghanistan.

Moreover, they added that Afghan-American businessmen have scheduled to hold a joint meeting in June to discuss business in Afghanistan.

The head of the Afghan-American Chamber of Commerce Jeffrey Grieco says that the US businessmen’s enthusiasm has surged to invest in Afghanistan since the signing of the US-Taliban agreement for bringing peace to Afghanistan.

The Chairman of the Board of Afghan-American Chamber of Commerce, Sulaiman Lutfi, said, “The opportunities that are there in Afghanistan should be used by companies for investment and joint ventures.”

American businessmen also believe that there are many opportunities to do investment in Afghanistan.

Matt Nislay, an American businessman, said that he personally was very excited about the opportunities for investments in Afghanistan and that these ventures could be further explored.

According to the aforementioned officials, said that the annual trade between Afghanistan and America was worth USD60 million, out of which USD55 million marked import and the other USD5 million was of export – a huge amount of it goes to carpet trading.

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IEA FM Muttaqi, Iranian agriculture minister discuss economic cooperation

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Amir Khan Muttaqi, the Islamic Emirate’s Foreign Minister, met with Gholamreza Nouri Ghezeljeh, Iran’s Minister of Agriculture Jihad, in Kabul on Thursday.

Afghanistan’s Foreign Ministry said the two sides held comprehensive discussions on bilateral relations, expanding economic and transit cooperation, and holding the seventh meeting of the Joint Economic Commission between the two countries.

Muttaqi welcomed the progress in practical economic and transit cooperation between Afghanistan and Iran, saying there are further opportunities to expand bilateral ties.

Iran’s agriculture minister also stressed the importance of making use of existing opportunities for cooperation in various sectors and called for expanding current areas of cooperation.

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Da Afghanistan Bank unveils visa card and new HesabPay app

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Da Afghanistan Bank (DAB) has unveiled a new visa card and HesabPay mobile application as part of efforts to expand digital financial services in Afghanistan.

The new products were introduced at an event in Kabul on Thursday, where Ahmad Shahpoor Mia Khail, the bank’s deputy governor for supervision, urged Afghans to use digital cards for payments and cash withdrawals.

Mia Khail said improving public trust and providing better financial services remain among the bank’s priorities, describing the digitization of the financial system as a key step toward electronic transactions.

“Our sole objective is to enable every Afghan to make payments using a card, mobile phone or other means,” he said.

Officials from several companies said around one million active customers in Afghanistan currently use HesabPay services, adding that they are committed to expanding access to financial services.

Ahmad Khalid Wadan, the owner of one of the companies, said the initiative aims to help build “a strong, secure and reliable digital financial system” in Afghanistan.

Da Afghanistan Bank has repeatedly called for the digitization of monetary and commercial transactions, saying it can improve transparency and efficiency and help expand economic activity.

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Human Rights Watch urges IEA to release detained UN, NGO staff

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Human Rights Watch in a statement on Wednesday called for the release of two ‌UN staffers and six NGO workers in Afghanistan.

HRW said that six male staff working with the Women and Children Legal Research Foundation (WCLRF) had been “forcibly disappeared” from the NGO’s Kabul ​office last month. The NGO has been involved in aid programmes and advocacy on women’s ​and children’s rights, HRW said.

In a separate incident, Human Rights Watch also called ⁠for the release of two Afghan staff members of the UN’s Assistance Mission in Afghanistan (UNAMA), who were ​detained by IEA officials in the western city of Herat on Sunday.

The IEA’s spokesman, ​Zabihullah Mujahid, told Reuters that he was “trying to gather details” about the recent detentions, but had “not received final clarity.”

The UN confirmed the detention of two of its staffers earlier this week. “UNAMA has not been informed of the charges against them ​and has not been permitted to visit them,” Farhan Haq, deputy spokesman for the UN Secretary-General, said ​in a briefing on Wednesday.

Fereshta Abbasi, Afghanistan Researcher at Human Rights Watch, said in a statement that the detentions ‌of UNAMA ⁠staff threatened the UN’s “ability to deliver lifesaving aid.”

As the UN’s political mission in Afghanistan, UNAMA is involved in human rights monitoring and data gathering. Its reports have frequently been criticised by the IEA government in the past.

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