Economic Commission approves long-term residency plan for foreign investors

KABUL: A meeting of the Economic Commission, chaired by Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs, reviewed the investment-based residency plan for foreign citizens in Afghanistan.
The Deputy Prime Minister’s office said in a statement on Saturday that the meeting focused on granting 10-year residency permits to foreign nationals willing to invest in Afghanistan, and that the decision was ultimately approved.
The commission tasked a committee with categorizing the residency issue by investment amount and presenting its report at the next commission meeting.
The session also addressed the initiation and implementation of the “TIR” (Transports Internationaux Routiers) procedure at the country’s customs and a committee was assigned to conduct a comprehensive evaluation of this matter and present their findings.
On the other hand, the meeting discussed the “Lala and Sadaf” residential complexes, requesting the assigned committee to provide reports and assessments.
Members of the meeting, taking into account evaluations and reports, assigned related administrative committees the responsibility to conduct thorough investigations into the matters and submit their findings to the Economic Commission.
The Economic Commission is a key governmental authority within the system that regularly deliberates and decides the fate of significant economic projects and processes.

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