Afghanistan's Economic Commission has approved a new foreign investment policy designed to attract international investors and support the country's economic growth. The decision was taken on Monday at the commission's regular meeting at the Marble Palace in Kabul, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs.
According to his office, the policy was drafted by a committee set up under the economic deputy office and approved after a thorough review that incorporated the commission's recommendations. It aims to regulate foreign investment, simplify procedures, create a favourable environment for investors and guarantee the security of their investments.
The commission also approved a proposal for commercial import companies to pay fixed taxes at the country's customs offices, which officials said would give importers more facilities and simpler procedures.
Both decisions have been sent to the office of the Islamic Emirate's Supreme Leader for final approval.