Afghan Voice Agency (AVA) - Kabul: The Ministry of Refugees and Repatriates Affairs has announced that a group of Afghan businessmen and industrialists residing in Pakistan have expressed their readiness to transfer their capital to the country in a meeting with the country's refugee community in Islamabad.
According to the ministry's press release, in this meeting, which was held to hear the problems and demands of businessmen, the participants raised concerns about the status of their residence and economic activities in Pakistan.
Sikandar, an Afghan businessman living in Pakistan, said in the meeting: "We want to transfer our capital, machinery and production equipment to the country, but we expect this process to be facilitated within the framework of a clear and legal mechanism."
The country's refugee firebrand in Islamabad further assured them that the Afghan diplomatic mission in Pakistan is seriously following up on the situation of refugees, especially businessmen and industrialists. He added that a joint committee has been established between the Islamic Emirate and the Pakistani Ministry of Foreign Affairs, which holds meetings every week to resolve the problems.
According to business sources, in recent years, hundreds of small and medium-sized factories and manufacturing companies have been operating in the cities of Karachi, Lahore and Islamabad by Afghan businessmen. However, with the increasing security, economic and legal pressures on Afghan refugees in Pakistan, the desire to transfer capital to the country has increased. Some Pakistani media sources have also reported that dozens of trading companies have gradually withdrawn their equipment from Pakistan, and a number of them are considering the conditions for transferring their activities to provinces such as Nangarhar, Herat and Kandahar.
Economic observers believe that the return of expatriate investors to the country, if properly managed, can be an effective step in growing domestic production, creating jobs and reducing dependence on imports. According to experts, creating a secure legal environment, facilitating the process of transferring capital, and providing real support to manufacturers can help accelerate this process. Studies also show that legal challenges and banking restrictions in Pakistan have become one of the main incentives for transferring capital into the country.