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Donors Pledge US$20 Billion for Afghanistan
PARIS, June 12 (FINANCIAL TIMES)
The Embassy of Afghanistan in Tokyo is pleased to announce that Donor countries pledged more than $20 billion to help re-building efforts.
The Paris conference, attended by 68 governments and 12 international organizations, saw many countries and organizations pledge future financial support for the Afghanistanâ€™s recovery. Highlighting a few key pledges, the US said it will give US$10.2 billion, Britain US$1.2 billion, Germany US$648 million, Japan Us$550 million, the World Bank US$1.1 billion, and the Asian Development Bank US$1.3 billion.
The new pledges add to the $25 billion promised by the international community since 2002.
Opening the conference, President Nicolas Sarkozy of France said it was â€œthe duty of all democratsâ€ to support the Afghan government and people. He also praised President Hamid Karzai. â€œWithout you, the international community would not be so determined,â€ Mr Sarkozy said.