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World Bank says donors approve transfer of $280 million dollars to help Afghanistan

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The World Bank on Friday confirmed that donors have approved the transfer of 280 million U.S. dollars to UNICEF and the World Food Programme (WFP) from the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF), Reuters reported.

The aid aims to help Afghanistan respond to its humanitarian crisis, while bypassing the government formed by the Islamic Emirate or Afghanistan [IEA].

The IEA says the international community has not been realistic and must avoid mistakes of the past, Reuters reported.

The Islamic government is independent, responsible, committed to its pledges, Inamullah Samangani, deputy government spokesman said in an interview with China Global Television Network (CGTN).

It’s a golden opportunity for the international community, particularly the powerful countries of the world, to interact with today’s Afghanistan and open a new chapter of relations that could benefit both Afghanistan and the international community, he said.

Soon after the IEA took power on August 15, the U.S. blocked access to 9.5 billion dollars in Afghanistan’s central bank reserves held in the U.S.

International Monetary Fund (IMF) paused the release of more than 400 million dollars in funds, citing “a lack of clarity within the international community regarding recognition of a government in Afghanistan.”

According to the report the World Bank also stopped disbursing aid money reserved for the country.

“We request the international community to put pressure on the US to unfreeze our money. This money belongs to the people,” said Mohamad Mangal, a Kabul resident.

“As a human being, I urge the international community to assist people of Afghanistan, based on the values of humanity,” said Sher Agha, another resident.

According to the Reuters Afghan experts welcome the aid but insist that it is not enough to help millions of people in need.

“As much as this money is helpful, it’s not enough unless the international community engages with the Taliban [IEA], we find a working relationship, and the federal reserves of Afghanistan can be released. This is never going to be enough,” said Obaidullah Baheer, a civil society activist.

“Economic development is not possible without money. So it is my request the world community, World Bank, IMF and US government and European Union to come forward and help Afghanistan to ease the economic crisis,” said Alam Khan Hamdard, an economic expert.

Many experts believe that this winter will be the harshest of all times for millions of Afghans, Reuters reported.

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Afghanistan and Shanghai Chambers sign trade and investment cooperation agreement

The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.

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The Afghanistan Chamber of Commerce and Investment (ACCI) has announced that a high-level delegation led by Sayed Karim Hashimi held talks with the Shanghai Chamber of Commerce and Industry and Chinese investors in Shanghai.

During the meeting, Hashimi described Shanghai as one of the world’s leading economic and investment hubs, emphasizing Afghanistan’s strategic location in the heart of Asia as a key bridge between Central and East Asia.

He highlighted China’s Belt and Road Initiative as a major opportunity for regional economic cooperation and reaffirmed Afghanistan’s readiness to actively participate in the framework.

Hashimi also said Afghanistan’s private sector is prepared to expand cooperation with Chinese investors in mining, agriculture, industry, transit, logistics, technology, manufacturing, carpets, precious stones, medical products, and banking sectors.

The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.

At the end of the meeting, a cooperation agreement on trade and investment was officially signed between the two chambers.

The delegation also included senior members of provincial chambers and leading Afghan business figures.

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CASA-1000 power project on track to launch in 2027

Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.

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The long-delayed CASA-1000 energy project is expected to begin commercial operations in summer 2027, with construction in Afghanistan due for completion earlier that year, officials said.

Progress on the power project was reviewed during meetings in Dushanbe between April 18 and 20, involving Tajik authorities, Afghanistan’s state power utility Da Afghanistan Breshna Sherkat, the World Bank, and engineering firm KAMANI Engineering Corporation.

Tajik Energy Minister Daler Juma said the project is key to boosting regional cooperation and enabling the export of surplus hydropower from Central Asia to energy-deficient markets in South Asia.

Construction has already been completed in Kyrgyzstan, Tajikistan and Pakistan, while work continues in Afghanistan. According to officials, the Afghan segment is on track to be finalized by spring 2027, paving the way for full project operations later that summer.

Once operational, CASA-1000 is expected to strengthen regional energy security, support economic integration, and expand electricity trade across Central and South Asia.

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Afghanistan, Uzbekistan and Kyrgyzstan agree on framework to boost trade and transit

Officials said the talks focused on easing the movement of goods, particularly Afghan export products destined for Uzbekistan and Kyrgyzstan.

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Afghanistan, Uzbekistan and Kyrgyzstan have agreed to strengthen regional trade and transit cooperation following a high-level trilateral meeting held in Tashkent on the sidelines of the INNOPROM Central Asia expo.

Afghanistan’s Minister of Industry and Commerce Nuruddin Azizi met with Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, and Sanzhar Iskenderovich Asylkulov, Deputy Minister of Economy and Commerce of Kyrgyzstan, to discuss measures aimed at facilitating transit procedures, increasing trade volumes and expanding Afghan exports to Central Asian markets.

Officials said the talks focused on easing the movement of goods, particularly Afghan export products destined for Uzbekistan and Kyrgyzstan.

At the conclusion of the meeting, the three sides agreed to establish a joint working group to oversee implementation of the proposed initiatives. They also reached agreement on Afghanistan’s membership in the exhibition platform.

The event brings together participants from across Central Asia, as well as Russia and Belarus, providing a platform for industrial cooperation and investment.

Officials say Afghanistan’s participation is expected to open new opportunities for local industries to showcase products and strengthen their presence in regional markets, while the agreement marks a step toward deeper economic integration and improved regional connectivity.

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