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Chinese company shows interest in investing in multiple sectors
A Chinese businessman met with acting minister of industry and commerce Noorudin Azizi and expressed interest in investing in a number of sectors including the glass and cement manufacturing sector and the oil refinery sector.
The ministry’s spokesman Abdul Salam Jawad Akhundzadah said the businessman was also interested in establishing a 10 megawatt solar power facility, in extracting oil and the construction of roads.
“Most of the Chinese businessmen who come, want to invest in Afghanistan’s mines, most of their investments are currently in the mining sector, and they also want to invest in the industry and agriculture sectors,” said Akhundzadah.
Chamber of Commerce and Investment (ACCI) officials meanwhile said investment opportunities have been provided in Afghanistan and investors from the United Arab Emirates, Turkey, Iran and Pakistan have shown an interest in starting businesses in the country.
Already, Chinese companies have invested $1.2 billion in agriculture, and in the mining and oil extraction sectors in the country.
Since regaining power in August 2021, the Islamic Emirate has established an economy-based foreign policy in a bid to boost the country’s economy, create employment opportunities and steer Afghanistan towards self-sufficiency. In line with this, exports hit a record high of $1.9 billion in 2022, according to the World Bank.
Zalmay Khalilzad, the former US special representative for Afghanistan, has questioned Pakistan’s commitment to the welfare of the Afghan people, citing Islamabad’s policies over the past three decades.
Khalilzad said in a post on X that Pakistani Prime Minister Shehbaz Sharif advocated for the rights of Afghan women during his speech at the UN General Assembly on Friday.
Sharif said: “Fundamental rights of the Afghan people — especially women and girls — must be respected.”
Responding to the remarks, Khalilzad said Pakistan’s policies over the past 30 years raise questions about Sharif’s commitment to Afghan welfare.
He cited Pakistan’s support for militant groups against US forces and what he described as the poor treatment of Afghan refugees as examples.
Khalilzad also said Afghanistan and Pakistan need and should have much better relations, adding that “a reset is necessary.”
India’s Foreign Secretary Vikram Misri met with the UN Secretary-General’s Special Representative for Afghanistan, Rabab Fatima, on the sidelines of the United Nations General Assembly.
Indian Foreign Ministry spokesperson Randhir Jaiswal said in a post on X that Misri underscored the need to keep addressing the humanitarian needs of the Afghan people as a priority.
Misri also appreciated the role of the UN Assistance Mission in Afghanistan (UNAMA) and reaffirmed India’s continued cooperation with the United Nations on Afghanistan.
The meeting comes as Afghanistan continues to face humanitarian and economic challenges, with international agencies warning of significant needs among the Afghan population.
Kazakhstan’s Foreign Minister Mukhtar Tileuberdi has called for pragmatic and coordinated international engagement with Afghanistan, saying the country’s long-term stability is closely linked to the security and sustainable development of Central Asia.
Speaking during the general debate of the 81st session of the United Nations General Assembly in New York on Friday, Tileuberdi said humanitarian assistance to Afghanistan remains essential but alone cannot break the cycle of poverty, displacement and dependency.
He said Kazakhstan supports a “pragmatic, coordinated and step-by-step” approach to international engagement with Afghanistan, with the United Nations playing a central role.
Tileuberdi also said Kazakhstan is working with the UN to operationalize the United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan in Almaty.
He said the success of the centre should be measured by the results and assistance it delivers to the region.
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