The Global Development Alliance will help to improve the people’s life quality, who live along the border between Tajikistan and Afghanistan.
The Aga Khan Foundation and the United States Agency for International Development will provide more than $6 million each during the next five years.
Bishkek – U.S. Ambassador to Tajikistan Susan Elliot and Aga Khan Development Network Resident Representative in Tajikistan Ali Akbar Pesnani signed the agreement on a new Global Development Alliance “Economic and social ties: multi-sectoral financial mechanism for development of Tajikistan” run by the Aga Khan Foundation on October 30.
This Alliance directly supports the U.S. government’s initiative New Silk Road, which will develop ties between Central and South Asia through regional energy markets, trade and transport routes, customs and border infrastructure, support of contacts between business and people, the American Ambassador said.
The Alliance will help to improve the people’s life quality, who live along the border between Tajikistan and Afghanistan. The Aga Khan Foundation and the United States Agency for International Development will provide more than $6 million each during the next five years.
The newly established Alliance will direct resources for development of main sectors allowing to improve living standards: economic growth through entrepreneurship development, financial security of households, governance and civil society, health care and education. The Alliance will also make investments in private companies to create work places, to facilitate regional trade and this way to stimulate the national economy of Tajikistan.
A part of revenues from investments will form the pool of funds to support social development along the Tajik-Afghan border in the next decades.
The local authorities appreciated this mechanism which will allow to improve living standards of population and support sustainable growth, the U.S. Embassy in Dushanbe noted.
Via AKIpress News Agency.
Earlier and Related to Kyrgyzstan 2014 Coverage at Ismailimail:
- UCA News: November 2014 – UCA Chancellor Visists Kyrgyz Republic
- Video (in Russian) His Highness the Aga Khan in Kyrgyzstan
- The Ismaili Journal: November 2014 – Mawlana Hazar Imam departs Kyrgyzstan
- His Highness the Aga Khan in Kyrgyzstan
- The Ismaili Journal: November 2014 – Mawlana Hazar Imam visits the Kyrgyz Republic
- Photographs: His Highness the Aga Khan at University of Central Asia’s Naryn Campus
- Chancellor University of Central Asia, His Highness the Aga Khan Reviews Progress of Naryn Campus
- Synergy | AKDN, USA sign agreement on Global Development Alliance creating New Silk Road support system linking Central and South Asia
- The Ismaili | Mawlana Hazar Imam in Kyrgyzstan to review AKDN activities
- KABAR (Kyrgyzstan) | His Highness the Aga Khan to visit Kyrgyz Republic
Get breaking news related to the Ismaili Imamat, the Noorani Family, the world wide Ismaili Jamat and all their endeavors and successes.
Learn how to subscribe and join 15,000 + other amazing people – Subscribe now!
Ismailimail Special Feature:
137th birth anniversary of His Highness Sir Sultan Muhammed Shah Aga Khan III
- Constellation of Honours of His Highness Aga Sir Sultan Muhammad Shah, Aga Khan III
- Dawn (Pakistan) | Aga Khan and Pakistan
- The Express Tribune (Pakistan) | Sir Aga Khan: The Visionary Leader
- Business Recorder (Pakistan) | Ismaili community marks Sir Aga Khan III’s birth anniversary today
- Constellations | His Highness Sir Sultan Muhammad Shah Aga Khan III & The League of Nations
- 137 yrs ago, began the resurrection of knowledge! His Highness Sir Sultan Muhammed Shah Aga Khan III
- Publication: Hazrat Mawlana Imam Sultan Muhammed Shah – A Bridge Between Two Epochs
- Reflection: Ismaili Gnosis | Mawlana Imam Sultan Muhammed Shah Aga Khan III on My Flag
- Retrospective: Readings on Mawlana Imam Sultan Muhammed Shah & Imam Hussein: Two Ismaili Imams Who Lived 1250 Years Apart
- Retrospective: Noureen Reimoo | Sir Sultan Muhammed Shah Aga Khan III: From Horse Carriages to Nuclear Physics – Seventy Years of Glorious Leadership