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IEA approves Inter-Ministerial Investment Committee’s procedures
Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar Akhund, approved Tuesday the Inter-Ministerial Investment Committee’s procedures, the office said in a statement.
At the Economic Commission meeting held in Kabul, it was said that: “This committee’s establishment aims to streamline the process of attracting both domestic and foreign investments, foster coordination among relevant ministries and departments in investment planning stages, create an investment-friendly environment, and ensure effective management while offering essential information to potential investors about projects in Afghanistan.”
According to the statement, following a thorough discussion, the plan for constructing Jahan Park in Kabul’s eleventh district by the public-private partnership received initial approval.
The Kabul Municipality was tasked with reopening negotiations with the contracting company to determine the contract period and address other significant concerns. According to this plan, the private sector will invest 960 million AFN in 150 jeribs of land, with 35 percent of the revenue allocated to the Kabul Municipality. The Park is expected to be completed within three years, in compliance with city regulations and equipped with all necessary amenities, the ministry added.
In addition, the meeting saw a decision to promote domestic salt production to meet the country’s needs. The Ministry of Mines and Petroleum was instructed to reduce the royalty on raw materials for domestic salt production and processing factories.
The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan announced on Tuesday the release of American citizen Dennis Coyle from prison.
According to the ministry, Coyle’s mother had written to the leader of the Islamic Emirate demanding amnesty and the release of her son on the occasion of Eid. The Supreme Court considered time served sufficient and decided to release him.
The Ministry of Foreign Affairs stated that this action was carried out on the basis of humanitarianism and good faith, and it believes that such measures can strengthen trust between countries. The ministry also expressed hope that both countries, in the future, can find solutions to remaining issues through mutual understanding and constructive dialogue.
The Islamic Emirate also expressed appreciation for the cooperation of the United Arab Emirates in this matter.
Separately, for Coyle’s release, an American delegation, including Zalmay Khalilzad, former U.S. Special Representative for Afghanistan, met on Tuesday with Amir Khan Muttaqi, the Foreign Minister of the Islamic Emirate.
The meeting was also attended by Saif Mohammed Al-Ketbi, Ambassador of the UAE in Kabul, and a member of the prisoner’s family.
According to the Ministry of Foreign Affairs, Muttaqi stated that the Islamic Emirate has not detained any citizen of any country to achieve political objectives; rather, detentions were the result of legal violations, and individuals were released after completing judicial procedures.
At the meeting, Khalilzad praised the action of the Islamic Emirate and emphasized the importance of continuing discussions on all issues between the two countries, expressing hope for further progress in the future.
Muttaqi also stressed that Kabul and the UAE should provide standard consular services to their citizens, and that the Afghan government is fully prepared in this regard.
He thanked Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, for their constructive role in facilitating the release of the prisoner and referred to the UAE as a close friend of Afghanistan.
Earlier, Muttaqi had also praised the role of the State of Qatar in facilitating information exchange between the Islamic Emirate and the prisoner’s family.
Additionally, the UAE ambassador expressed his country’s readiness to play a role in humanitarian institutions and called such developments beneficial for everyone.
The United Kingdom has announced an additional £3 million (AFN 257 million) in humanitarian assistance to Afghanistan, aimed at supporting people affected by natural disasters and other shocks.
Richard Lindsay, in a post on X, said the funding will be used to provide essential nutrition supplies and related support to vulnerable populations.
The new allocation brings the UK’s total bilateral assistance to Afghanistan for the current financial year to £154 million (AFN 13.18 billion).
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