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Sunday, 8 July 2012 - Donors offer $16 billion Afghan aid at Tokyo conference |
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Sat, Jul 7 2012 Rocket launch a boost for California start-up Fri, Jul 6 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption  Dalai Lama in exile A look at the life of Tenzin Gyatso, the 14th Dalai Lama of Tibet.  Slideshow  Space odysseys From the scientists on the ground to stunning views from space, a look at man's continuing exploration into the final frontier.  Slideshow  Libya’s Arab Spring Almost a year after ousting Muammar Gaddafi in a NATO-backed rebellion, Libyans head to the polls.  Slideshow  Donors offer $16 billion Afghan aid at Tokyo conference Tweet Share this Email Print Related News U.S. boosts Afghan status, now easier to acquire defense equipment Sat, Jul 7 2012 As foreign aid dries up, Afghan NGOs fight to survive Thu, Jul 5 2012 U.S., Pakistan reach deal to reopen Afghan supply routes Tue, Jul 3 2012 Twenty dead in Taliban siege of Afghan hotel; NATO blames Haqqanis Fri, Jun 22 2012 Afghanistan's Karzai confronts graft, opponents Thu, Jun 21 2012 Analysis & Opinion Afghan economy: a hard landing ahead US and Pakistan: an expedient truce Related Topics World » Afghanistan » Related Video Afghan donors meet in Japan Sat, Jul 7 2012 1 of 6. German Foreign Minister Guido Westerwelle, U.S. Secretary of State Hillary Clinton, Japanese Foreign Minister Koichiro Gemba, Afghan President Hamid Karzai and Japan's Prime Minister Yoshihiko Noda (L-R) leave after a photo session at the Tokyo Conference on the Reconstruction of Afghanistan, in Tokyo July 8, 2012. Credit: Reuters/Kim Kyung-Hoon By Arshad Mohammed and Kiyoshi Takenaka TOKYO | Sun Jul 8, 2012 3:24am EDT TOKYO (Reuters) - Major donors pledged on Sunday to give Afghanistan $16 billion in development aid over the next four years as they seek to prevent it from sliding back into chaos when foreign troops leave, but demanded reforms to fight widespread corruption. Donor fatigue and war weariness have taken their toll on how long the global community is willing to support Afghanistan and there are concerns about security following the withdrawal of most NATO troops in 2014 if financial backing is not secured. "Afghanistan's security cannot only be measured by the absence of war," U.S. Secretary of State Hillary Clinton told an international donors' conference in Tokyo. "It has to be measured by whether people have jobs and economic opportunity, whether they believe their government is serving their needs, whether political reconciliation proceeds and succeeds." The Afghan central bank has estimated that at least $6 billion a year in new investment from foreign donors will be needed to foster economic growth over the next decade. Clinton also stressed the importance of Afghanistan - one of the most corrupt nations in the world - of taking aggressive action to fight graft and promote reforms. President Hamid Karzai admits his government needs to do more to tackle corruption, but his critics say he is not doing enough, and some directly blame authorities for vast amounts of aid not reaching the right people. "We have agreed that we need a different kind of long-term economic partnership, one built on Afghan progress in meeting its goals, in fighting corruption, in carrying out reform, and providing good governance," Clinton said. CONDITIONS APPLY U.S. officials provided no monetary figure for their expected aid, but said the administration would ask Congress to keep assistance levels stable through 2017 compared with the assistance Washington has offered over the past decade. Japan pledged $3 billion in aid for Afghanistan through 2016. Foreign Minister Koichiro Gemba said $2.2 billion of that amount would be grants for development projects in areas like investment in roads and infrastructure. The EU has said it will continue with pledges of 1.2 billion euros a year, but warned that if progress is not made with rule of law and women's rights, this could be difficult to continue. The pledges made in Tokyo are on top of the $4.1 billion by NATO and its partners for supporting the Afghan security forces. Representatives from about 80 countries and international aid organizations, including the World Bank and the Asian Development Bank, were gathered in Tokyo to discuss aid for Afghanistan beyond 2014. International donors provided $35 billion in aid to Afghanistan between 2001 and 2010, but the return on that development aid has been mixed. Per capita economic output increased five-fold over the same period, but Afghanistan remains one of the five poorest nations. Major strides have been made in schooling children and improving access to health care, but three-quarters of the 30 million Afghans are illiterate and the average person earns only about $530 a year, according to the World Bank. The government has identified several priority areas for economic development, including investment in agriculture and mining, which Western officials see as a possible engine for future growth. Afghanistan is believed to have up to a trillion dollars' worth of untapped mineral wealth. Another focus has been on improvements to road and rail lines to tie the emerging Afghan economy more closely with the region. Japan's Gemba said Tokyo would invest another $1 billion on projects in countries neighboring Afghanistan to promote those efforts. During a stopover in Kabul on Saturday, Clinton upgraded Afghanistan's security status to a major non-NATO ally, a largely symbolic move, aimed at reinforcing the U.S. message to Afghans that they will not be abandoned as the war winds down. The new status may help Afghanistan acquire U.S. defense supplies and have greater access to U.S. training as the Afghan army takes more responsibility for the country's security ahead of the 2014 withdrawal of most NATO combat troops. (Additional reporting by Amie Ferris-Rotman in Kabul; Editing by Jeremy Laurence) World Afghanistan Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (4) Bonnibunny wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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