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Category Archives: Economic News

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Opium cultivation spread in Afghanistan in 2016: UN office

23rd October, 2016 · admin

Press TV October 23, 2016 Afghanistan’s cultivation of opium poppy for drugs has risen to its third-highest level in more than 20 years, says a United Nations (UN) agency, as the Taliban militants regain ground in the country. The United Nations Office on Drugs and Crime (UNODC) said on Sunday that the total area of land

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Posted in Drugs, Economic News |
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Govt Investigator: Aid Money Sloshed Around Afghanistan ‘Like A Bathtub Running Over’

21st October, 2016 · admin

Daily Caller: Rebuilding Afghanistan collectively cost taxpayers $115 billion over the past 15 years, but much of that money has actually been wasted on corrupt officials and even funneled into terrorist organizations, according to authorities. Congress created a Special Inspector General for Afghanistan Reconstruction (SIGAR) to monitor the billions spent on reconstruction, which concludes that pumping money into

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Posted in Corruption, Economic News, Reconstruction and Development, US-Afghanistan Relations |
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Afghanistan expresses desire to become part of CPEC

15th October, 2016 · admin

The Express Tribune: The China-Pakistan Economic Corridor (CPEC) is a great economic development project and Afghanistan has expressed desire to become a part of it. “CPEC is a great project that is equally relevant to Afghanistan, like Pakistan,” Afghanistan’s Ambassador to Pakistan, Dr Omar Zakhilwal said during an interview, according to Radio Pakistan. Click here to read more

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Posted in China-Afghanistan Relations, Economic News | Tags: Omar Zakhilwal |
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Afghanistan to open consulate in southern Indian city of Hyderabad

14th October, 2016 · admin

NEW DELHI, Oct. 14 (Xinhua) — Afghanistan will soon open a consulate in the southern Indian city of Hyderabad and both countries have agreed on that, Afghan envoy said on Friday. “We are going to open a consulate in Hyderabad, which will not only focus on trade and business, but going to be a step

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Posted in Economic News, India-Afghanistan Relations, Pakistan-Afghanistan Relations |
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Taliban Oil

9th October, 2016 · admin

The little-known story of secret negotiations between the Taliban and the US to a build a pipeline through Afghanistan. Al Jazeera: Unocal’s plans were to build two pipelines, one for oil and the other for gas, travelling through Turkmenistan, Afghanistan, Pakistan and India – a distance of well over 1,700km. Afghanistan was set to earn $400m

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Posted in Corruption, Economic News, Security, Taliban, US-Afghanistan Relations | Tags: Wakil Ahmad Muttawakil |
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International Donors Pledge $15.2B in Aid for Afghanistan

6th October, 2016 · admin

Marthe van der Wolf VOA News | October 5, 2016 BRUSSELS — The international community pledged 15.2 billion dollars for Afghanistan’s development on Tuesday for the coming four years. The pledge, at comes at a time when the United States military is conducting airstrikes to support Afghan forces fighting the Taliban. The pledge, at a donors’

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Posted in Economic News, EU-Afghanistan Relations, Refugees and Migrants |
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EU holds donors conference for Afghanistan

5th October, 2016 · admin

Press TV October 5, 2016 The European Union (EU) is holding a fund-raising conference for the cash-strapped government in Afghanistan, which has to tackle with a host of issues, including rampant militancy in the country. Leaders from more than 70 countries and 20 international organizations and agencies have gathered in the EU’s de facto capital

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Posted in Economic News, EU-Afghanistan Relations, Human Rights, Refugees and Migrants | Tags: Asylum |
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Afghanistan’s rare earth minerals

4th October, 2016 · admin

The Diamond Back: Afghanistan’s minerals, which are instrumental in every technological enterprise from surface-­to­-air missiles to automobiles, are primed to provide an alternative to the Chinese monopoly that currently holds more than 90 percent of the world’s supply.  Click here to read more (external link).

Posted in Economic News, Environmental News | Tags: rare minerals |
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Afghanistan Appeals for Aid to Keep Afghan Migrants at Home

4th October, 2016 · admin

Masood Farivar VOA News October 3, 2016 Afghanistan is appealing to European donors to open their wallets at an international donors’ conference Wednesday, arguing that jobs created through development projects will help stem the tide of migrants that is destabilizing the European continent. High unemployment combined with growing insecurity drove nearly 200,000 Afghans to Europe

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Posted in Economic News, EU-Afghanistan Relations, Refugees and Migrants | Tags: Asylum |
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US Says Afghan Aid ‘Is Not a Blank Check’

2nd October, 2016 · admin

Hasib Danish Alikozai VOA News / October 1, 2016 The international community is looking for signs of progress on key issues ahead of an international conference on Afghanistan in Brussels next week, said Ambassador Richard Olson, the U.S. special representative for Afghanistan and Pakistan. The European Union and the National Unity government of Afghanistan will

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Posted in Corruption, Economic News, EU-Afghanistan Relations, US-Afghanistan Relations |
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