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AACC Concludes Fourth Annual U.S.–Afghan Business Matchmaking Conference

The Afghan-American Chamber of Commerce (AACC) concluded its fourth annual U.S. – Afghan Business Matchmaking Conference in Washington, D.C. on October 22, marking a close to the two-day event that brought together over 100 businesses, government representatives and private citizens interested in lending an effort toward Afghanistan's future prosperity.

The conference was highlighted by prominent speakers including Ambassador Said T. Jawad, former Minister of Finance Dr. Ashraf Ghani, president of the Overseas Private Investment Council (OPIC) Robert Mosbacher and U.S. Ambassador to the UN Zalmay Khalilzad.

In a speech to the conference, Ambassador Jawad recognized the advances that have been in Afghanistan in recent years. "In April of this year, the Afghanistan Investment Support Agency (AISA) was recognized as the world's second best investment promotion agency at the World Investment Conference 2008 in Ghana," he stated. "Just this week, the Export Promotion Agency of Afghanistan (EPAA) won the 'Best Trade Promotion Organization' at the World Conference of Trade Promotion Organizations, in the Netherlands. These are two outstanding accomplishments for the Afghan business community and a sign of the potential that exists in our country."

He also spoke of investments that have been made and those that are available. "Despite the security challenges in Afghanistan, we have seen major investments in both mining and telecommunications in 2008," he stated. "We are still actively seeking investment in a number of areas, including oil and gas, iron ore, marble, coal, gold and other minerals. I encourage you to take advantage of these opportunities."

Throughout the day-long conference, numerous informative panel discussions helped to enlighten the audience on current economic development issues facing Afghanistan, including talks on energy, mining and minerals, finance and insuring private sector investment. There were also discussions on opportunities in key sectors including agriculture, food processing, construction and infrastructure.

Other leading organizations that were represented at the event included the recently re-organized Afghanistan Chamber of Commerce & Industries (ACCI) in Kabul, Afghan Business Council (ABC) – Dubai, and the Afghanistan Builder’s Association (ABA) in Kabul.

Further details on the AACC conference can be found on the chamber's website. To see the full text of Ambassador Jawad's speech, click here.

Further News: Economy, Unemployment Big Issues at AACC Conference (PRNewswire)

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