` Russia's involvement in ` Afghanistan ' appreciated by ` Karzai ' confirming how ` Soviet Money ' was Spent – Interview '

#AceFinanceNews – WASHINGTON – March 22 – Afghan President Hamid Karzai appreciates the economic help provided by the former Soviet Union to his country in the past.

“The Soviet money went to the right place.

They were efficient in spending their money and doing it through the Afghan government,” Karzai said in an interview with The Washington Post this month.

The newspaper said that the Russian government had drawn up a list of 140 Soviet-era projects which it would like to renovate.

One is the Kabul House-building Factory constructed in the early 1960’s by Soviet specialists, which received a consignment of new equipment worth 25 million U.S. dollars from Russia last autumn.

The Washington Post quoted the head engineer of the house-building factory as saying that “what the Soviets did here was really fundamental.

They were thinking about the long term.”

It also noted that the number of students studying Russian at the Kabul University had doubled over the past two years, and Russia had doubled the number of grants to Afghan students.

The Washington Post (Exclusive)

#AFN

#afn2014, #afghan-president-hamid-karzai, #afghanistan, #kabul, #russia, #russian, #soviet, #the-washington-post, #washington

” Russian & Afghanistan Economic Relationship Evolves into a Working One”

#AceFinanceNews says relations between Russia and Afghanistan gain momentum, presidential special envoy for Afghanistan Zamir Kabulov told Itar-Tass on Wednesday.

“The parties are holding an active political dialogue at the high level – at the level of presidents and foreign ministers.

russian-foreign-ministryAs for economic components, it lags behind the political one,” said Kabulov, who is also director of the Russian Foreign Ministry 2nd Asia Department.

“There are few landmark economic contracts and agreements. It is clear because Afghanistan is a country at war. There are no conditions for security and there are risks for making investments in the country,” the high-ranking diplomat said.

“However, there are joint projects where we maintain cooperation. For example, Russia’s Tekhnopromexport should end the reconstruction and modernisation of the Nagly hydropower plant near Kabul.

Another Russian company is completing the reconstruction and modernisation of the Kabul homebuilding factory.

These are very important projects for Afghanistan,” he said.

 

Enhanced by Zemanta

#acefinancenews, #afghanistan, #asia, #kabul, #russia