US embassy in Kabul announced the eight individuals and organizations that will receive the International Trade Administration’s inaugural Peace through Commerce Medal Award.
SMN Investment chaired by Syed Sadat Mansoor Naderi is among the winners of the four international organizations.
The four international organizations among the 8 winners of the Peace Through Commerce Award include two private enterprises and 2 Chambers of Commerce from Afghanistn, Singapore, Japan and Romania.
The Peace through Commerce Medal dates back to the first Secretary of State, Thomas Jefferson, who commissioned the medal in 1790. Jefferson gifted the medal, formerly known as the Diplomatic Medal, to foreign diplomats who aided the Continental Congress during the American Revolution. The medal is most renowned for its inscription, To Peace and Commerce, centered along the top.
SMN Investments is a privately held group of companies with a major market presence across various economic sectors in Afghanistan since 2000.
SMN believes in the strength of strategic alliances with select multinationals, key local enterprises and the Afghan government. The Group is committed to re-invest in select sectors and vertical and horizontal integration to capture more of the value chains in which it operates.
SMN has pioneered the insurance industry in Afghanistan and is the first fully licensed private insurance company. The company has secured over $20 Billion in reinsurance commitments from the London market and recently delivered coverage for Aynak Copper Mine ($3.6b investment).