Russia to assess investment opportunities in Afghanistan

KABUL (TCA) — The Afghanistan Chamber of Commerce and Industries (ACCI) on September 18 said that a high-ranking delegation of Russian officials will visit Kabul in October to discuss investment opportunities in the country, TOLOnews agency reports.

According to ACCI, Russia is interested in investing in Afghanistan in the fields of infrastructure, construction, and power generation.

At a recent meeting between ACCI officials and Russian embassy staff in Kabul, Russian officials said they are keen to invest in different sectors in Afghanistan and that a delegation will come from Russia to discuss the issue.

“We will hold face to face discussions with Russian and Afghan investors and it will be helpful in expanding trade ties,” said Atiqullah Nusrat, deputy head of ACCI.

According to ACCI, Russian embassy officials said Moscow is ready to give Afghanistan customs privileges in a bid to increase Afghanistan’s exports to Russia.

The Afghan Ministry of Commerce and Industries said they are trying to attract Russian investment in Afghanistan.

“Russia’s investments in Afghanistan would be very effective in creating job opportunities, improving the economic situation, and is a good use of the resources,” the ministry’s spokesman Musafir Qoqandi said.

Russia is one of the countries that invested a lot in Afghanistan before the civil war, and statistics show that trade between Afghanistan and Russia now totals about $150 million annually.

Sergey Kwan


Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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