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AISA hopeful on Afghanistan economic moot in Berlin

AT Monitoring Desk-KABUL: Afghanistan Investment Support Agency (AISA) said that economic conference on Afghanistan, which is going to be held in Berlin, will encourage foreign investors to invest in Afghanistan.

Deputy Head of the AISA, Muhammad Ebrahim Shams, told Azadi Radio that the conference will assess investment opportunities in Afghanistan. He said that German and other international investors should be assured of a peaceful environment for investment in Afghanistan. “The government should show its commitments towards creating investment opportunities in the country,” he added.

This comes at a time that recently President Ashraf Ghani met with the German Minister for Economic Cooperation and Development, where the two sides agreed to convene an economic conference in Berlin within next six months to encourage foreign investors to invest in Afghanistan and find market for Afghanistan’s agricultural products in Germany.

According to a survey, investment in Afghanistan has dropped by 26 percent this year.

In the meantime, the Afghanistan Chambers of Commerce and Industries (ACCI) said that the government and private sector should inform foreign businessmen about investment opportunities in Afghanistan.

Khanjan Alokozai, the deputy head of the ACCI, said that despite insecurity the main concern of foreign investors is widespread corruption. “The government should ensure security for foreign investors and it should fight against corruption,” he added. Alokozai said that strict investment laws also discourage foreign investment in Afghanistan.