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Chamber of Commerce Urges Action on Banking Challenges in Afghanistan

The Chamber of Commerce and Investment, in a meeting with representatives from UNAMA, the European Union, the World Bank, and the Afghanistan-US Chamber of Commerce, emphasized the strengthening of banking activities in the country.

Mohammad Younus Mohmand, the first deputy of the Chamber of Commerce and Investment,  during the meeting highlighted the challenges related to business visas and urged international organizations to pay serious attention to resolving these issues.

Mohmand also requested international organizations, particularly the World Bank, to assist in the construction of standard cold storage facilities and the mechanization of agriculture in the country.

The First Deputy of the Chamber of Commerce and Investment said, "Our meeting was about the fact that 80% of the problems in Afghanistan have been resolved, and 20% remain outside, which we hope will be resolved. The restrictions on Afghanistan’s banks should be lifted, and the frozen funds of this country should be returned to Afghanistan."

Meanwhile, the Chamber of Industries and Mines stated that banking restrictions have negatively affected Afghanistan's economy and trade.

Sakhi Ahmad Paiman, the First Deputy of the Afghanistan Chamber of Industry and Mines,  said: "In cases where we have economic problems with countries and the international community, stopping Afghanistan's funds has prevented us from transferring our money from Afghanistan. These sanctions have actually had a negative impact on Afghanistan's situation."

"The trade we had with countries far from Afghanistan has faced challenges today and has led to a reduction in Afghanistan's economic development,” said Abdul Ghafar Nezami, an economic analyst.

Since the return to power of the Islamic Emirate in Afghanistan, the freezing of Afghanistan's assets by the United States and issues in the issuance of business visas have been major challenges for traders in the country.

Chamber of Commerce Urges Action on Banking Challenges in Afghanistan

Meanwhile, the Chamber of Industries and Mines stated that banking restrictions have negatively affected Afghanistan's economy and trade.

تصویر بندانگشتی

The Chamber of Commerce and Investment, in a meeting with representatives from UNAMA, the European Union, the World Bank, and the Afghanistan-US Chamber of Commerce, emphasized the strengthening of banking activities in the country.

Mohammad Younus Mohmand, the first deputy of the Chamber of Commerce and Investment,  during the meeting highlighted the challenges related to business visas and urged international organizations to pay serious attention to resolving these issues.

Mohmand also requested international organizations, particularly the World Bank, to assist in the construction of standard cold storage facilities and the mechanization of agriculture in the country.

The First Deputy of the Chamber of Commerce and Investment said, "Our meeting was about the fact that 80% of the problems in Afghanistan have been resolved, and 20% remain outside, which we hope will be resolved. The restrictions on Afghanistan’s banks should be lifted, and the frozen funds of this country should be returned to Afghanistan."

Meanwhile, the Chamber of Industries and Mines stated that banking restrictions have negatively affected Afghanistan's economy and trade.

Sakhi Ahmad Paiman, the First Deputy of the Afghanistan Chamber of Industry and Mines,  said: "In cases where we have economic problems with countries and the international community, stopping Afghanistan's funds has prevented us from transferring our money from Afghanistan. These sanctions have actually had a negative impact on Afghanistan's situation."

"The trade we had with countries far from Afghanistan has faced challenges today and has led to a reduction in Afghanistan's economic development,” said Abdul Ghafar Nezami, an economic analyst.

Since the return to power of the Islamic Emirate in Afghanistan, the freezing of Afghanistan's assets by the United States and issues in the issuance of business visas have been major challenges for traders in the country.

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