Saudi Arabia pledges $150 million in aid for Afghanistan

January 28, 2010

Saudi Arabia will provide $150 million over the next three years to aid Afghanistan’s government and finance Afghan developmental projects, Foreign Minister Prince Saud Al-Faisal announced today at the London Conference on Afghanistan. Prince Saud is currently leading his country’s delegation to the London Conference, which is focused on stabilizing and rebuilding Afghanistan. The new pledge comes on top of an earlier pledge of $200 million made by Saudi Arabia at the Tokyo Conference on Afghanistan.

During his own remarks, Afghan President Hamid Karzai stressed the important, constructive role that Saudi Arabia can play in the Afghan national reconciliation process. “We hope that the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud kindly plays a key role in guiding and supporting the reconciliation process in Afghanistan,” he said, following an opening ceremony with British Prime Minister Gordon Brown. Representatives from 70 nations are participating in the conference.