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Shared mechanism needed to transfer Afghans’ investments from Pakistan amid deportation: Traders
Following the expulsion of Afghan refugees from Pakistan, a number of Afghan traders say they are concerned about Afghans’ investments in Islamabad and that a joint mechanism should be established for the transfer of investments from that country to Afghanistan.
They said that the investments and properties of Afghans in Pakistan reach billions of dollars.
Afghan investors and traders have asked the Islamic Emirate to hold talks with Pakistan as soon as possible in order to prepare the ground for the transfer of these funds to Afghanistan.
“The leaders of the two countries should sit down with the relevant officials and build a joint mechanism so that the funds are transferred to Afghanistan,” said an Afghan trader based in Pakistan.
“I can clearly tell you that the funds are billions of dollars, and Afghans have invested a lot in every sector,” said another trader.
Meanwhile, some other investors have said that the problem of Afghan traders should be addressed in Pakistan because according to them, every day Pakistan creates new problems for Afghan businessmen.
“Pakistan has started a lot of oppression, in terms of humanity, in terms of neighborliness, in terms of business, which is not acceptable to anyone,” said an Afghan investor, adding that “there is a need for investors and businessmen who are in Pakistan or in other countries, their investments should be transferred to Afghanistan so that they are safe.”
The Chamber of Commerce and Investment (ACCI) also said Afghan businessmen have thousands of companies and factories in Pakistan and they should not fall into the hands of the Pakistani government.
“A mechanism should be established for our investments so that they may transfer to Afghanistan,” said Khanjan Alkozi, a member of ACCI.
Deputy Minister of the Economy Abdul Latif Nazari has also stated that talks are underway to draw support regarding the issue.
“Both diplomatic talks are going on and there are preparations by the Islamic Emirate in the form of various committees to help resettle and to attract support in the domestic and foreign dimensions,” said Nazari.
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Tajikistan says two soldiers killed in clash with militants near Afghan border
Business
Afghanistan’s first aluminum can factory launched in Herat with $120 million investment
Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.
Afghanistan’s first aluminum can manufacturing plant was officially launched on Thursday in Herat province, marking a significant step toward industrial development and economic self-reliance.
Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.
According to officials, the Pamir factory is the first of its kind in Afghanistan and is being established with an investment of $120 million. The project will be built on 16 jeribs of land within Herat’s industrial zones.
Once completed, the factory is expected to create employment opportunities for around 1,700 Afghan citizens. Officials say the project will play a key role in boosting domestic production, reducing reliance on imports, and strengthening the national economy.
Authorities described the launch of the project as a clear sign of growing investment in the industrial sector and ongoing efforts to promote economic self-sufficiency in the country.
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Medvedev: IEA posed less threat to Russia than western-backed groups
He added that such organisations have consistently pursued one objective: “to break apart the multiethnic people of Russia.”
Russia’s Deputy Chairman of the Security Council, Dmitry Medvedev, has said that the Islamic Emirate of Afghanistan (IEA) caused less harm to Russia than Western-backed civic organisations that, he claims, sought to undermine the country’s unity.
In an article published in the Russian journal Rodina, Medvedev wrote that while the IEA had long been designated as a terrorist organisation, its actions did not inflict the same level of damage on Russia as what he described as Western-supported institutions operating under the banner of academic or humanitarian work.
“Let us be honest: the Taliban (IEA) movement, long listed as a terrorist organisation, has caused modern Russia far less damage than all those pseudo-scientific institutions whose aim is to dismantle our country under the guise of aiding the oppressed,” Medvedev stated.
He added that such organisations have consistently pursued one objective: “to break apart the multiethnic people of Russia.”
Medvedev’s remarks come amid a shift in Russia’s official stance toward Afghanistan. In April, Russia’s Supreme Court suspended the ban on the Islamic Emirate of Afghanistan, which had previously been included on the country’s list of terrorist organisations.
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