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International donors likely to pledge less aid for Afghanistan in Geneva

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Last Updated on: November 4, 2020

Afghanistan is likely to receive reduced pledges for aid from international donors who will meet later this month in Geneva, sources familiar with the discussions told Reuters.

This comes amid uncertainty over how the peace talks will progress with the Taliban, Reuters reported.

Despite peace talks underway, and Washington’s decision to withdraw troops, the country faces an uncertain future – but a future that is still dependent on aid.

The precariousness of the situation, which could see the Taliban secure greater influence, is making donors uneasy over whether the group will try to roll back progress made on human rights and girls education, Reuters reported.

But some analysts see foreign aid as vital in helping donors shape policies of any future Afghan government and that it provides leverage over the Taliban.

“It’s one of the primary forms of leverage the US and international community believe they have over the Taliban,” said Andrew Watkins, an analyst covering Afghanistan for International Crisis Group.

“Any future Afghan state will rely on foreign aid almost as much as the current one does,” he said.

Reuters reported that donors are likely to tell Afghanistan to expect, possibly significantly, less aid, while also imposing stricter conditions and committing funds for a shorter period, said three sources, who declined to be named because the discussions are private.

All three sources said the United States, Afghanistan’s largest donor, is likely to make deep cuts to its current annual contribution of around $800 million for civilian funding, beyond the money allocated for defence and security needs.

One said Washington could not only “cut aid by half”, but could also move “away from a four-year-commitment cycle” to pledge funds for just a year.

Other NATO members like Britain and France were also considering reducing pledges, while Australia was planning cuts of up to 30 percent, two sources told Reuters.

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Doha process private sector meeting highlights growth and coordination in Afghanistan

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

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The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).

The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.

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IPL 2026: Franchise sales gather pace as global investors circle teams

Royal Challengers Bengaluru (RCB) has been put on the market by its current owner and is estimated to be worth up to $2 billion.

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Developments off the field are drawing growing attention ahead of the 2026 Indian Premier League season, with two franchises — Royal Challengers Bengaluru and Rajasthan Royals — formally up for sale and attracting interest from high-profile domestic and international investors.

Royal Challengers Bengaluru (RCB), one of the league’s most recognisable teams, has been put on the market by its current owner, Diageo’s United Spirits Ltd, following a strategic review. The sale process is expected to be completed by the end of March 2026. Market estimates suggest the franchise could be valued at around $2 billion, reflecting the soaring commercial value of the IPL.

Several bidders have been shortlisted for RCB, including investment groups led by Indian industrialists, private equity firms and overseas sports owners. Among those reported to have shown interest is a consortium linked to the Glazer family, co-owners of English Premier League club Manchester United. Non-binding bids have already been submitted, with binding offers expected in the coming weeks.

Rajasthan Royals (RR), winners of the inaugural IPL title in 2008, are also in the process of being sold. A shortlist of potential buyers has been finalised, featuring a mix of Indian and international investors, including private equity firms, entrepreneurs and media-linked groups. The franchise is expected to attract a valuation of more than $1 billion, according to market estimates.

Final bids for Rajasthan Royals are anticipated in early March, while the RCB transaction is expected to move into its final phase later this month. Any change in ownership will require approval from the Board of Control for Cricket in India (BCCI).

The potential sales mark one of the most significant ownership shake-ups in IPL history and underline the league’s growing appeal as a global sports investment as preparations continue for the 2026 season.

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FM Muttaqi meets Uzbek Central Asia Institute Chief, stresses stronger bilateral cooperation

During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.

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Afghanistan’s Minister of Foreign Affairs, Amir Khan Muttaqi, has met with a delegation led by Joulan Vakhabov, head of Uzbekistan’s International Institute of Central Asia and adviser to the country’s deputy president.

During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.

Muttaqi said Uzbekistan has adopted a positive and goodwill-based policy toward Afghanistan, expressing hope that bilateral relations and cooperation would continue to expand.

He also underscored the important role of research institutions in promoting mutual understanding, enhancing cooperation, and developing a realistic assessment of regional dynamics.

For his part, Vakhabov praised the progress and stability in Afghanistan and voiced optimism that trade between the two countries would increase further in the current year.

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