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For Afghanistan’s development, international community must lift sanctions: MoE
The Ministry of Economy (MoE) says the country’s ongoing economic crisis is due to continued economic and banking sanctions and the freezing of Afghanistan’s foreign reserves.
According to MoE officials, although basic economic projects have not been implemented in Afghanistan in the past two decades, the Islamic Emirate is trying to use all the facilities it has to solve the country’s economic problems.
“In the past year and a half, the economic problems that Afghanistan has had, some are internal and some are external factors,” said Abdulrahman Habib, the economy ministry’s spokesperson.
“The freezing of the country’s national assets and the sanctions imposed on our financial and banking system have directly affected domestic and foreign business activities.”
Members of the private sector meanwhile have also criticized the continuation of global sanctions on Afghanistan, saying that if the banking sanctions are lifted and the frozen funds are released, the economy will improve.
“Their conditions [external investors] for investment are insurance issues, international transactions, and some laws that in light of these issues they can come to the country and invest,” said Shirbaz Kaminzadeh, the head of the Afghan Chamber of Industries and Mines.
“When the framework is not ready for investors, I don’t think big companies will come [to Afghanistan for investment],” he added.
Economic experts also consider the pressure and sanctions imposed by the international community as the cause of the current crisis in Afghanistan and add that if the country’s banking sector is freed from sanctions, Afghan investors will work towards resolving the country’s economic problems.
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Torkham crossing reopens for returning Afghan migrants
According to reports, the reopening has allowed the flow of Afghan returnees from Pakistan to resume, with many families entering Afghanistan through the crossing.
The Torkham border crossing was reopened on Thursday at 2 p.m. for Afghan migrants returning to the country after nearly a month of closure.
According to reports, the reopening has allowed the flow of Afghan returnees from Pakistan to resume, with many families entering Afghanistan through the crossing.
Torkham is considered one of the most important crossing gateways between Afghanistan and Pakistan.
Its closure had created significant challenges for migrants and disrupted crossing movement.
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Two killed, hundreds affected in severe floods in Kandahar
Tragically, two people, including a five-year-old child, lost their lives in Daman district as a result of the floodwaters.
Heavy rainfall and subsequent flooding in Kandahar have caused significant destruction, leaving dozens of families affected, according to the province’s Department for Disaster Response and Preparedness.
Officials reported that approximately 85 homes in Kandahar city were either completely or partially destroyed due to the severe weather. Additionally, around 90 families living in temporary shelters were also impacted by the floods.
Tragically, two people, including a five-year-old child, lost their lives in Daman district as a result of the floodwaters.
Authorities confirmed that joint response teams have been dispatched to the affected areas to assess the damage and provide urgent humanitarian assistance to the displaced and affected families.
The local administration emphasized the need for coordinated relief efforts to help the flood-affected population recover from the disaster.
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Afghanistan highlights water diplomacy at Tashkent ministerial forum
Speaking at the event, Mujeeb-ur-Rahman Omar Akhundzada emphasized the need for equitable water distribution between Afghanistan and Central Asian nations.
Afghanistan has underscored the importance of water diplomacy and regional cooperation during a ministerial forum held in Tashkent, the capital of Uzbekistan.
The country’s Deputy Minister for Water at the Ministry of Water and Energy participated in the “Water Week” forum, where he called for stronger collaboration among regional partners in managing shared water resources.
Speaking at the event, Mujeeb-ur-Rahman Omar Akhundzada emphasized the need for equitable water distribution between Afghanistan and Central Asian nations. He also highlighted the importance of enhancing water diplomacy and adopting modern technologies to improve water management systems.
Akhundzada further stressed the urgency of joint regional efforts to tackle the effects of climate change and prevent environmental degradation along the Amu Darya River. He reaffirmed Afghanistan’s commitment to respecting the water rights of neighboring countries while strengthening its domestic water infrastructure.
On the sidelines of the forum, Akhundzada met with Shavkat Khamrayev to discuss expanding bilateral cooperation in water management between Afghanistan and Uzbekistan.
Afghanistan’s participation in the forum is seen as a significant step toward boosting its engagement in regional and international water discussions, potentially paving the way for deeper cooperation across Central Asia.
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