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Tuesday, 15 October, 2002, 05:51 GMT 06:51 UK
Regional aid for Afghanistan
![]() Mr Karzai is seeking cooperation from neighbours
Central Asian states and Pakistan, Iran, Turkey and Azerbaijan have agreed to set up a fund to help rebuild Afghanistan. The decision came at the end of a meeting of the Economic Cooperation Organisation (ECO) in the Turkish city of Istanbul. The meeting was held to ensure the pledges of billions of dollars in aid to Afghanistan are kept - Kabul has received much less aid this year than it had hoped for.
On Monday, Afghan President of Hamid Karzai called on the member states to make a firm contribution towards the reconstruction of his country. A new fund Mr Karzai also used the first ECO summit since he was installed in office to urge rapid progress on a subject close to his heart - the construction of a pipeline through Afghanistan that will transport gas between Turkmenistan and Pakistan.
The pipeline, which would bring badly needed cash into the Afghan economy, was originally conceived five years ago but has been on hold during the conflict to oust the Taleban. This forum's hosts, Turkey, are currently playing a key role in Kabul, having taken command of the Isaf security force. The emphasis being placed on Afghanistan has pushed other important regional issues down the agenda. These include what is seen as the main purpose of the expanded ECO - the integration of the weaker central Asian economies with those of its main economic powers, Turkey Iran and Pakistan - ECO's three founder members in 1985. Their market economies can potentially help guide the others - all former republics of the Soviet Union - out of their traditional reliance on centralised economic planning. The summit is also an opportunity for the big three to reflect on ways to draw back from their past regional rivalries and to work in concert for the development of the region as a whole. |
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07 Oct 02 | South Asia
06 Oct 02 | South Asian Debates
27 Sep 02 | Business
25 Jul 02 | South Asia
12 Sep 02 | Hardtalk
20 Jan 02 | South Asia
07 Jul 02 | Country profiles
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