The one-day International Conference held in Japanese capital Tokyo to provide Afghanistan a much needed financial assistance concluded on 8 July 2012, as the international donors pledged to provide 16 billion dollar to the trouble-torn nation. The conference which was attended by nearly 70 countries and organizations assured Afghanistan for a 16 billion dollar help over the next four years, provided Afghan government curb corruption and take measures to strengthen democracy in the country.
The US is expected to provide around 1 billion dollar every year,
while Japan, Afghanistan’s second-largest donor, is set to provide a
maximum of 3 billion dollar up to 2016. Germany will feed the kitty
annually with 536 million dollar.
The international aid to Afghanistan came against the backdrop of
global concern related to political and economic turmoil prevailing in
the country over the past one decade. The country is still under the
shadow of fanatic Islamic groups like Taliban, which sees western powers
as the sole reason of all the problems that Afghanistan is confronting
today. Taliban and terror group like Al-qaida, which draws its authority
from the fundamentalist Islamic factions in the country, still poses a
great threat to the future of the country. The international aid is
largely aimed at bolstering the pace of development in the country by
instating common citizen’s faith in democracy.
As all the US and NATO troops are scheduled to leave the country by
the mid 2014, the security of the nation will completely be transferred
in the hand of Afghan government, which until recently, has been quite
inefficient in tackling the terror forces in the country. The pledged
aid is intended to stabilise the fragile political and financial
situation of the country.
Afghanistan has received nearly 60 billion dollar from diversified
international bodies as civilian aid over the past one decade. In
addition to the 16 billion dollar aid pledged during the Tokyo
conference, NATO members in May 2012 agreed to provide 4.1 billion
dollar to strengthen country’s security forces.
The Tokyo Declaration, adopted at the conclusion of the day-long
conference acknowledged India's concerns on the security of Afghanistan.
The declaration stated that the main threat to Afghanistan's security
and stability comes from terrorism and that this threat also endangers
regional and international peace and security. The declaration also
endorsed key recommendations of a regional conclave hosted by India to
promote direct investment in Afghanistan.Confederation of Indian
Industry on 28 June 2012 in Delhi had hosted the Delhi Investors' Summit
India and Pakistan also held a bilateral dialogue on the sideline of
Tokyo conference, where the India's External Affairs Minister SM Krishna
and his Pakistani countyerpart Heena Rabbani Khar discussed several
issues like terrorism and the release of Sarabjeet Singh, Indian citizen
languishing in Pakistani prison over the past 30 years. Issue of
terrorism figured out prominently in the 30-minute long discussion
between the leaders, as SM Krishna put pressure on Pakistan to stop
anti-Indian activities, which is being conducted from its territory .