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EU allocates 12 million euros for aid to Afghanistan

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The European Union has announced Thursday it has allocated 12 million euros in support of vulnerable Afghans.

Support includes assistance to ensure sustainable food production, climate-smart agriculture and resilient infrastructure, community-based employment, income-generation and savings opportunities, and market-oriented business development, the EU said in a statement.

“In Afghanistan, millions go hungry while climate change is expected to exacerbate the situation for many Afghans, especially women. The European Union – together with its partners – stands by the Afghan people. Investment into sustainable food production, climate-smart agriculture and resilient infrastructure makes a real difference to the lives of Afghans today and in the future”, said Raffaella Iodice, EU Chargée d’Affaires at the EU Delegation to Afghanistan.

Over a 36-month period, the program targets rural, underserved areas of northern, central highlands and western Afghanistan. Altogether, the action will directly benefit over 70,000 individuals (of which 62% are women) and close to 500,000 household members across seven provinces, including Bamyan, Baghlan, Samangan, Badakhshan, Takhar, Herat and Farah.

The community-based and market-oriented interventions will ensure that beneficiaries remain autonomous and act more sustainably, while also helping them to adapt to and recover from future shocks more swiftly, the EU said.

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Afghanistan and Uzbekistan agree on export of 100,000 tons of Bamyan potatoes

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Cooperation between the Afghanistan Chamber of Commerce and Investment and the Uzbekistan Chamber of Commerce has paved the way for exporting potatoes from Bamyan province to the Uzbek market.

In this regard, Sayed Karim Hashemi, President of the Afghanistan Chamber of Commerce and Investment, and Doran Vahabov, President of the Uzbekistan Chamber of Commerce, have agreed on the export of 100,000 tons of Bamyan potatoes to Uzbekistan. Work is underway to finalize the export agreement.

Meanwhile, the first shipment of potatoes, consisting of eight trucks, has departed for the Uzbek city of Termez through the Hairatan Port.

The chambers of commerce of both countries, in cooperation with local authorities in Bamyan, have facilitated connections between traders and farmers and coordinated the purchasing, marketing, and transportation of the produce. This initiative is expected to expand market opportunities for Bamyan farmers and strengthen trade between Afghanistan and Uzbekistan.

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Afghanistan and Russia discuss expanding economic cooperation and boosting investment

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Afghanistan’s Prime Minister, Mullah Mohammad Hassan Akhund, met with Russian Deputy Prime Minister Alexey Overchuk in Kabul on Thursday evening, emphasizing the need to strengthen bilateral relations and expand economic cooperation between the two countries.

According to a statement from the Presidential Palace, several senior officials from both countries attended the meeting, including Afghanistan’s Foreign Minister Amir Khan Muttaqi and representatives of Russia’s political and economic sectors.

Akhund described Afghanistan’s security and stability as favourable conditions for foreign investment and thanked Moscow for recognizing the Islamic Emirate and supporting Afghanistan in international forums.

Meanwhile, Overchuk praised the security situation and developments in Afghanistan, expressing Russia’s interest in investing in various sectors of the country.

He said around 70 representatives of Russia’s private sector were accompanying the delegation and were expected to hold discussions with relevant ministries and institutions of the Islamic Emirate on trade and investment agreements, as well as ways to address existing obstacles.

The Russian deputy prime minister reaffirmed his country’s support for Afghanistan in various fields.

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Afghanistan and Russia sign 15 economic cooperation agreements worth $103 million

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Afghanistan’s private sector and the Russian Federation have signed 15 economic cooperation agreements worth a total of $103 million.

The agreements were signed in the presence of Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, and Alexey Overchuk, Russia’s Deputy Prime Minister.

Under the agreements, the two sides will cooperate in importing medicines, wheat, flour, and cooking oil into Afghanistan, as well as exporting fresh Afghan fruits, particularly pomegranates, to Russia.

Expanding bilateral trade relations and developing economic cooperation in various sectors are also among the key areas covered by the agreements.

According to officials, the agreements will facilitate two-way exports and imports between the two countries.

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