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Export to Afghanistan halted but rising prices and demand uplifts industry spirit

August 23, 2021 03:22 PM

Export to Afghanistan halted but rising prices and demand uplifts industry spirit
Export to Afghanistan halted; “Some of the goods are exported from international north-south transport corridor route which is fine now.

Export to Afghanistan halted; As the Taliban seized control over Kabul after two decades, the trade business between the two countries India and Afghanistan has been severely affected. The Federation Of Indian Export Organization(FIEO) on Wednesday said that the Taliban have stopped the trading system.

Speaking to news agency ANI, Dr. Ajay Sahaj, Director General of FIEO said that the Taliban have stopped the movement of cargo through the routes of Pakistan thereby hampering and stopping exports and imports between the countries. Also Read – Taliban Order Release of Political Prisoners, Council Likely to Govern Afghanistan For Now | 10 Points

“We keep a close watch on developments in Afghanistan. Imports from there come through the transit route of Pakistan. As of now, the Taliban has stopped the movement of cargo to Pakistan, so virtually imports have stopped,” said the DG FIEO. Adding further, he said that India is the largest partner of Afghanistan and exported produce of net worth $ 385 million in 2021.

Also Read: Indians On Twitter Wants to Boycott Myntra: Here’s why!

India imported goods worth around $510 Million. India also has a considerable investment of around $3 billion along with some 400-old projects, some of which are still undergoing in Afghanistan. Also Read – Taliban Blows up Slain Hazara Leader Abdul Ali Mazari’s Statue in Bamiyan

Export to Afghanistan halted; “Some of the goods are exported from international north-south transport corridor route which is fine now. Some of the goods go through the Dubai route also which is working,” added Sahai. He further stated that India holds a healthy relation with Afghanistan with respect to trade.

Presently, India exports sugar, pharmaceuticals, apparel, tea, coffee, spices, and transmission towers to Afghanistan. The imports largely depend upon dry fruits. The Director-General of FIEO further said that India imports a little gum and onions from the country.

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