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KABUL: The Taliban administration will move ahead with plans to turn former foreign military bases into special economic zones for businesses, the acting deputy prime minister for economic affairs said in a statement on Sunday.

The acting commerce minister had told Reuters in December that his ministry was working on the plan for former American bases and would submit it to both the economic committee led by acting deputy PM Mullah Abdul Ghani Baradar and to the cabinet for approval.

"Following a thorough discussion, it was decided that the Ministry of Industry and Commerce should progressively take control of the remaining military bases of the foreign forces with the intention of converting them into special economic zones," Mullah Baradar said in the statement.

He added a pilot plan would begin to convert bases in the capital Kabul and in northern Balkh province.

Taliban raid office of Tamadon TV in Afghanistan

Afghanistan's economy has struggled and aid agencies are warning of a severe humanitarian crisis since the Taliban took over in 2021 as foreign troops withdrew after 20 years of war.

The takeover sparked a cut in development funding, the freezing of foreign-held central bank assets and sanctions enforced on the banking sector.

The Taliban administration's decision to bar most female NGO workers from work last year prompted many aid agencies to partially suspend operations while millions remain dependent on humanitarian aid.

The Taliban have said they are focused on boosting economic self-sufficiency through trade and investment. Some foreign investors have expressed concerns over a series attacks, including at a hotel popular with Chinese businessmen, claimed by Islamic State.

However, the World Bank has also noted that exports rose and the Taliban administration managed to keep revenues largely steady in 2022.

Comments

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HashBrown® Feb 19, 2023 08:17pm
More power to the Afghanistan regime.
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SAMIR SARDANA Feb 20, 2023 01:13am
AFSEZ is the way to go With PRC into mining in Afghanistan, & the Salma dam, & massive coal reserves - there is ample power potential, to start manufacturing & value addition.' Will the world give LDC status, to Afghan exports ? The sector will be Textiles & Food/Fruit/Dry Fruit products Once PRC runs the SEZ, all costs & imports, will be in Yuan,& the exports will be in USD- which will reduce cash USD smuggling, from Pakistan.(& the pressure on PKR) Simply beneficiating the mining products, to reduce their volume & weight,in the SEZ, will save millions of USD, in freight Pakistan exports to Central Asia, can also be,via the AFSEZ.The SEZ can also be used, as an innovation, to produce morphine.SAMIR SARDANA AFSEZs will be run by foreigners completely & so, there are no issues w.r.t labour,water & land AMERICAN ARMOUR CAN BE MELTED & CONVERTED, TO INGOTS OR SLABS & EXPORTED- FOR FREIGHT & PURITY SAVINGS or PRC SETS UP CSP SOLAR IN AFSEZ AND EXPORTS POWER TO PAKISTAN
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