Da Afghanistan Bank, the country's central bank, has discussed expanding banking and trade relations with the Afghanistan–U.S. Joint Chamber of Commerce as the country seeks to strengthen financial services for traders and support private sector growth.
Sediqullah Khalid, First Deputy Governor of Da Afghanistan Bank, met Jeff Grieco, President of the Afghanistan–U.S. Joint Chamber of Commerce, at his office on Tuesday, 9 June, according to the central bank.
The bank said the meeting focused on developing banking relations among commercial banks in Afghanistan, expanding trade, increasing investment opportunities and strengthening the banking sector.
Khalid said the central bank would continue working with local and international institutions to support Afghanistan’s private sector.
“Da Afghanistan Bank is committed to establishing a stable and strong banking system, as well as expanding constructive cooperation with all domestic and international institutions in order to support the private sector and promote trade,” he said, according to the statement.
He also linked banking development to the country’s wider economic recovery.
“Strengthening the banking sector and developing the private sector are among the most important foundations for the country’s economic progress and sustainable prosperity,” he added.
The meeting also discussed banking challenges faced by traders, electronic banking, international money transfers and improvements to financial services, Da Afghanistan Bank said.
Separately, the Afghanistan Chamber of Commerce and Investment (ACCI) said its chairman also met the chairman of the Afghan-American Chamber of Commerce to discuss expanding trade and investment cooperation.
The chamber said the talks covered promoting business partnerships and strengthening ties between Afghan and American private sector stakeholders.
Afghanistan’s banking sector has faced restrictions on international transactions since the political changes of August 2021, with traders repeatedly calling for easier access to money transfers and international banking services.
Iran will immediately reciprocate if the U.S. returns to its commitments under an interim deal signed in June, Pre...
Leaders of the Shanghai Cooperation Organisation (SCO) are gathering in Bishkek for a summit focused on trade, investment and transport as the...
Israel and Greece have signed a €3 billion defence agreement that will see Israel build a new multi-layered air-defence system for Greece....
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, as leaders gather for the Shanghai Cooperation Organisation (SCO) summit.
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases in Jordan in the first direct U.S.-Iran military escalation in weeks.
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S. fulfils its commitments, a senior Iranian diplomat said on Saturday.
Russia views NATO’s growing military activity in the Arctic as a direct threat to its national security, Foreign Minister Sergei Lavrov said.
As leaders from across Eurasia gather in Kyrgyzstan for the Shanghai Cooperation Organisation (SCO) summit, the meeting is bringing together countries with very different interests, from China and Russia to India, Iran and Azerbaijan.
Leaders of the Shanghai Cooperation Organisation (SCO) are gathering in Bishkek for a summit focused on trade, investment and transport as the group marks 25 years since its creation.
The Permanent Court of Arbitration (PCA) has ruled that India remains bound by the Indus Waters Treaty and must continue to comply with its obligations under the decades-old water-sharing agreement with Pakistan, despite New Delhi's decision last year to place the treaty "in abeyance".
At least 11 people, including eight children, have been killed after a powerful explosion at a firecracker factory in northern India, authorities said, with rescue teams continuing to search through debris amid fears the toll could rise.
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, as leaders gather for the Shanghai Cooperation Organisation (SCO) summit.
Qatar has discussed potential investment in Afghanistan’s oil and gas sectors and the construction of a crude oil refinery, during talks in Kabul as Gulf businesses show growing interest in the Afghan market.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment