World Bank: Investment In Afghanistan Is Dangerous

MEP: The World Bank says that Afghanistan among Asian countries, is the worst place to trade and invest and investment in this country is dangerous.

The World Bank in its annual report on trade and investment environment in 190 countries focused that has written in its part that Afghanistan is the worst Asian country for trade and investment.

The annual report states that Afghanistan is ranked as 183.

In The World Bank report, ten commercial and investment indicators evaluated that include the start of trade and investment activities, obtaining a building permit, electricity and access to bank loans, property registration, protection of small investors, overseas trade, matching contracts and settlement of private companies fractures.

Afghanistan listed as the worst country for investment in Asia, comes as the start of business activity, obtaining construction permits, access to electricity, registering property, access to credit and tax payments compared to last year has been worse. However, cross-border trade and settlement of private companies fractures compared to last year, shows a slight improvement.

The number and complexity of administrative procedures and financial costs of each indicator, are of the major landscapes which according to the World Bank has set trade’s negligence or its hardship in 190 countries.

According to the World Bank report, New Zealand is the best country for business and investment, and Singapore, Denmark, Hong Kong, South Korea, Norway, Great Britain, United States, Sweden and Macedonia are also after these countries.

Meanwhile, Somalia, yttria, Libya, Venezuela, South Sudan, Central African Republic, the Democratic Republic of Congo, Afghanistan, Angola, Haiti and Chad respectively are in the last categories.

Earlier, the World Justice Project, also declared Afghanistan the world’s third-largest outlaw country.