We should remember that the Pashtuns are the largest ethnic group in Afghanistan. Of course, many of them did support the Taliban. But you cannot equate all Pashtuns with the Taliban.

Despite all the dire predictions made in 2001, the Afghans have given the international community, its aid workers and soldiers a large window of opportunity to repair the damage done by 25 years of war. That window, which has stayed open for nearly five years, with amazing good will from the Afghans, is threatening to close unless the world wakes up and deals with the crisis.

What everyone underestimated was the acute unpopularity of the Taliban, even in the Pashtun areas. People like myself were saying the Taliban would be driven out very swiftly from the north of Afghanistan, but given that their main support base was in the Pashtun belt, there would be greater resistance there. That didn't happen. The Taliban had become deeply unpopular and were actually discarded by the Pashtun population almost as quickly as they were in the north. I don't see the Taliban coming back in any way.

Our Pakistan elites are spoiled by permanent foreign aid and therefore find it difficult to change course. Pakistan needs someone who stands up and says: Fundamentalism is bad, capitalism is good. This region harbors enormous potential. Pakistan could become the hub for the energy that is transported from Central Asia to South Asia. That could change the whole region.

The idea of a permanent U.S. military presence in Afghanistan, as opposed to an economic presence, is going to create a new wave of hostility toward the United States.

I am confident that there are hedge funds, banks or investment companies that could allocate five percent of their portfolios for risky investments. In any event, for countries like Afghanistan the formation of an entrepreneurial class is of vital importance.

America does not hold to the colonial tradition. America came, liberated Afghanistan from the Taliban and al-Qaida, came to an arrangement with Hamid Karzai, wanted to organize elections as soon as possible and then withdraw. The Bush administration thought that once there is a democracy, everything else will fall into place. If today you speak to the architects of the 2001 Afghanistan Conference in Bonn, they will tell you that instead of being fixated on elections, we should have built a State in Afghanistan with an army and a police force first.