Connect with us

Latest News

World Bank backs using $280 million in frozen aid funds for Afghanistan

Published

on

The World Bank’s board has backed transferring $280 million from a frozen trust fund to two aid agencies to help Afghanistan cope with a brewing humanitarian crisis after the U.S. withdrawal, two sources familiar with the matter told Reuters on Wednesday.

The 31 donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) must approve the transfer before the funds could flow to the World Food Programme and UNICEF, the sources said. The donors were expected to meet on Friday, Reuters reported.

The World Bank board met informally on Tuesday to discuss transferring up to $500 million of the $1.5 billion in the ARTF to humanitarian aid agencies, people familiar with the plan previously told Reuters.

Afghanistan’s 39 million people face a collapsing economy, a winter of food shortages and growing poverty three months after the Taliban seized power as the last U.S. troops withdrew from 20 years of war.

Latest News

Afghanistan, Russia convene first meeting of joint economic and trade commission in Kazan

Published

on

The first meeting of the Joint Economic and Trade Commission between Afghanistan and Russia was held in Kazan, on the sidelines of the 17th international conference titled “Russia and the Islamic World.”

The meeting was chaired by Afghanistan’s Minister of Higher Education, Neda Mohammad Nadim, and brought together senior officials from both countries, including Russia’s Deputy Minister of Industry and Trade and Afghanistan’s Minister of Industry and Commerce.

The primary focus of the meeting was to expand bilateral cooperation in economic, trade, and transit sectors, as well as to attract investment and strengthen long-term economic engagement between the two countries, according to a statement released by the Ministry of Higher Education.

In his remarks, the Afghan Minister of Higher Education said Afghanistan’s foreign policy is based on balanced and positive engagement with the international community, grounded in mutual respect and Islamic values. He stressed that strengthening ties with Russia forms an important part of this approach.

He also highlighted Afghanistan’s strategic geographical position, saying the country has the potential to serve as a key economic connectivity hub linking Central Asia, South Asia, and other surrounding regions.

According to him, Afghanistan and Russia are now entering a new phase of relations that could pave the way for broader cooperation in political, economic, and scientific fields.

Russia’s Deputy Minister of Industry and Trade, Alexey Gruzdev, welcomed the establishment of the joint commission, describing it as an important step toward enhancing economic relations between Moscow and Kabul.

At the conclusion of the meeting, both sides agreed to form technical working groups to further examine key issues and continue coordination on practical cooperation initiatives.

 
 
 
Continue Reading

Latest News

Afghanistan-Pakistan tensions delaying major projects across the region: Russian envoy

Published

on

Russian Ambassador to Pakistan Albert P. Khorev has said that tensions between Afghanistan and Pakistan are harming regional trade and delaying major infrastructure and energy projects across South and Central Asia.

Speaking in a podcast, Khorev said that trade flows involving Pakistan, Central Asia, and Russia have been negatively affected, and Pakistan’s pharmaceutical sector has been particularly hit.

He further said that key infrastructure projects, including the Trans-Afghan railway, have been delayed, while major energy initiatives such as CASA-1000 and TAPI remain uncertain.

The envoy added that Russia is ready to mediate between Afghanistan and Pakistan if both sides request its involvement, emphasizing Moscow’s support for regional peace and reconciliation efforts.

The Russian envoy also said the current Afghan government has shown resilience and effectiveness despite sanctions, frozen national assets and severe banking restrictions. He added that it is able to function and maintain productive relations with regional and global partners even without formal international recognition.

Khorev said other countries are likely to follow Russia in developing mutually beneficial ties with Afghanistan. He also argued that the government could perform more effectively if Western countries released frozen Afghan assets, which he said could help in counterterrorism efforts and address challenges such as refugee issues.

On girls’ education, the ambassador stressed that fundamental human rights must be respected by all sides, including the Afghan authorities, and said access to education is essential for the country’s long-term progress.

 

 
 
 
Continue Reading

Latest News

Minister of Refugees meets Sadin Ay Yildiz, discusses Afghan migrant issues in Turkey

Published

on

Mawlawi Abdul Kabir, the Minister of Refugees and Repatriation, met Wednesday with Sadin Ay Yildiz, head of Turkey’s diplomatic mission in Afghanistan, and discussed the expansion of bilateral cooperation as well as addressing the problems of Afghan migrants in Turkey.

In a statement issued on Wednesday, the Ministry of Refugees quoted Yildiz as saying: “Afghanistan holds special importance for the Government of Turkey, and currently, in addition to governmental assistance, several Turkish non-governmental organizations and institutions are also engaged in providing aid to those in need and implementing development projects in Afghanistan.”

According to Yildiz, Turkey supports a stable and self-reliant Afghanistan and believes that Afghanistan holds an important position in regional connectivity.

He added that Ankara supports dialogue in resolving Afghanistan’s issues and continues its efforts in this regard.

He further stated that Turkey has issued work visas for 20,000 Afghan citizens in the livestock sector alone and is seeking solutions to irregular migration.

During the meeting, Mawlawi Abdul Kabir expressed appreciation for Turkey’s assistance and cooperation in various fields, adding that relations between Kabul and Ankara have always been based on mutual respect and cooperation, and expressed hope that ties between the two countries will become even closer and more expanded.

Abdul Kabir stated that Afghanistan, by achieving full security and stability, has numerous opportunities, and efforts are ongoing to make Afghanistan an important and active part of regional connectivity.

Emphasizing cooperation between the private sectors of Afghanistan and Turkey, he also referred to some of the challenges faced by Afghan migrants in Turkey and said that the Islamic Emirate supports the voluntary return of Afghan migrants.

At the end of the meeting, Mawlawi Abdul Kabir once again expressed satisfaction with Turkey’s mediation in talks between Afghanistan and Pakistan and described Turkey as a friendly country to Afghanistan.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!