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"We
continue to look forward to working with you to bring not only peace
to that part of the world, but a hopeful future for the citizens"
said President Bush in his remarks during a joint press conference
with Afghanistan's President Karzai. (February 27, 2003) |
TDA
Seeks U.S. Companies for Strategic Business Plan for Ariana Airlines
September 30, 2003
The Ministry of Civil Aviation
and Tourism, through the U.S. Trade and Development Agency, invites
proposals from qualified U.S. firms to provide technical assistance
to develop a strategic business plan for Ariana, the national airline
of Afghanistan. The deadline is October 27, 2003.
Kabul-Doshi
Road Repairs to Start
September 22, 2003
Repair work for the Kabul-Doshi
Road, part of the World Bank's Emergency Transport Rehabilitation Project,
has
begun. This critical route through the Salang Pass will be largely
completed by the end of October 2004.
Focus
on Afghanistan at World Bank Meeting
September 22, 2003
At the World Bank's Annual
Meeting in Dubai, the international donor community supported the need
to accelerate the implementation of reconstruction programs in Afghanistan.
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Afghanistan
Industrial Capacity Building Initiative
September 18, 2003
The U.S. Trade and Development
Agency announced an initiative
to help support the private sector in Afghanistan. This will include
needs assessments of infrastructure and resources that are expected
to lead to technical assistance and feasibility studies. A team of experts
that will evaluate the construction materials sector is expected to
go to Afghanistan in October.
Afghanistan
Adopts Banking Law and Grants First Licenses to Foreign Banks
September 17, 2003
President Karzai signed new
commercial and central banking legislation that will help improve conditions
for foreign investment. Afghanistan granted the first operating licenses
to three foreign banks: UK-based Standard Chartered Bank, the First
MicroFinance Bank of Afghanistan (majority-owned by the Aga Khan Fund
for Economic Development), and the National Bank of Pakistan. Standard
Chartered hopes to open a branch in Kabul soon. The legislation, which
will be posted on this Web site, includes requirements for obtaining
a license such as a minimum capital of $5 million.
Article:
International
Herald Tribune
Afghanistan
Uses Reconstruction Trust Fund to Address Priorities
August 6, 2003
The World Bank, as administrator
of the Afghanistan Reconstruction Trust Fund, signed agreements this
week for three new projects
designed to help new projects to help improve the country's telecommunications
system; repair roads and drainage systems, and provide credit and other
financial services to low-income people.
U.S.
Proposes $1 Billion Aid Package
July 28, 2003
The Bush Administration will
soon propose a $1 billion package to accelerate reconstruction activities
in Afghanistan. This will fund infrastructure projects such as highway
and school construction, as well as police training and programs to
help women enter the workforce.
Articles:
Washington
Post
Washington
Post
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