Posted: Jun 28, 2012 7:44 AM
Updated: Jun 28, 2012 7:45 AM
NEW DELHI (AP) Afghan officials are appealing for corporate investment as they look to stabilize their country after more than a decade of war.
A delegation led by Foreign Minister Zalmai Rassoul courted companies based in the United States, Europe, India, China, Japan, Saudi Arabia and other countries at a conference Thursday in New Delhi.
Rassoul told hundreds of company representatives that Afghanistan plans "to gradually reduce our reliance on international assistance through private sector-led growth."
More than 90 percent of Afghanistan's 2011 budget was funded by donations.
Rassoul played down security concerns for after NATO's planned military drawdown in 2014, saying volatile regions represent a small part of the resource-rich country.