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DAB announces expansion of banking relations with Afghan-US Chamber of Commerce

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First Deputy Governor of Da Afghanistan Bank, Sediqullah Khalid, on Saturday met with Jeffrey Grieco, President of the Afghanistan-US Chamber of Commerce, and discussed strengthening the private sector, increasing trade, expanding mutual banking relations, and fostering joint cooperation, DAB said in a statement.

During the meeting, DAB quoted Grieco, who stated that over the past three years, he has witnessed positive changes in Afghanistan’s economic and banking sectors.

He also announced the organization of a conference in August of this year aimed at expanding banking relations and invited DAB to participate and speak at the event.

In the meeting, Khalid emphasized the importance of the banking and financial sectors in the country’s economic growth and affirmed that DAB is committed to making every effort towards the nation’s economic development.

He assured that the bank is strengthening anti-money laundering programs, mechanisms for regulating currency exchangers and money service providers, and ensuring inflation remains at acceptable levels.

He added that in the past three years, Afghanistan’s banking sector has made significant progress in mutual banking relations, with financial transactions to the public increasing by 71 percent compared to last year.

According to Khalid, in just the past three months, the banking sector’s deposits have risen by 7.9 billion afghanis, and a large portion of issues related to international money transfers have been resolved.

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Pakistan summons Afghan diplomat over deadly attack in North Waziristan

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Pakistan on Friday summoned Afghan Deputy Head of Mission in Islamabad to convey “strong demarche” over a deadly attack on a military camp in North Waziristan District that killed four Pakistani soldiers.

In a statement, Pakistan’s Ministry of Foreign Affairs said the attack was carried out by a faction of Tehreek-i-Taliban Pakistan (TTP).

The statement said that Pakistan conveyed “grave concern over the continued support and facilitation” provided by the Islamic Emirate to TTP.

Pakistan has demanded “a full investigation and decisive action against the perpetrators and facilitators of the terrorist attacks launched against Pakistan from Afghan soil.”

It urged the Islamic Emirate “to take immediate, concrete and verifiable measures against all terror groups operating from its territory, including their leadership, and deny the continued use of Afghan soil for terrorism against Pakistan.

According to the statement, the Islamic Emirate has been “categorically informed that Pakistan reserves the right to defend its sovereignty and protect its citizens, and will take all necessary measures to respond to terrorism originating from Afghan soil.”

Pakistani officials have repeatedly claimed that attacks in the country are originated from Afghan soil, a charge the Islamic Emirate denies.

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Uzbek president stresses Afghanistan’s role in regional economic projects

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President of Uzbekistan Shavkat Mirziyoyev has underscored Afghanistan’s continued importance in regional cooperation, saying the country remains one of the key areas of interaction among regional partners.

Addressing the first summit of the “Central Asia Plus Japan” dialogue, Mirziyoyev said participating countries share a common aspiration to see Afghanistan become peaceful, stable, and oriented toward meaningful development.

The Uzbek president praised Japan’s longstanding and consistent support for Afghanistan, noting that Tokyo has for many years been among the leading donors and partners assisting the Afghan people.

He expressed confidence that coordinated efforts and joint contributions by regional countries and Japan would help improve living standards in Afghanistan, advance socio-economic and infrastructure development, and facilitate the country’s active involvement in regional economic projects.

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Japan allocates nearly $20 million in humanitarian aid for Afghanistan

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The Embassy of Japan in Afghanistan announced on Friday that the country has allocated $19.5 million in humanitarian assistance to Afghanistan.

In a statement, the Japanese Embassy said it hopes the aid will help bring positive change to the lives of vulnerable Afghans.

According to the statement, the assistance will cover the basic humanitarian needs of vulnerable communities in Afghanistan.

The embassy added that the aid will be delivered through United Nations agencies, international organizations, and Japanese non-governmental organizations operating in Afghanistan.

Japan’s total assistance to Afghanistan since August 2021 has reached more than $549 million.

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