Taliban stops all exports, imports between India: FIEO

The Federation of Indian Export Organisation (FIEO) on Thursday said that currently, the Taliban have stopped all imports and exports with India after entering Kabul and taking over the country on Sunday. 

“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,” FIEO Director General (DG)
Dr Ajay Sahai was quoted as saying by ANI.

Sahai said India’s is one the largest partners of Afghanistan and our exports to the country are worth around $835 million for 2021. India has long-standing relations with Afghanistan, especially in import and export.

“We imported goods worth around $510 Million. But besides the trade, we have a sizeable investment in Afghanistan. We have invested around $3 billion in Afghanistan and there are 400-odd projects in Afghanistan some of which are currently going on,” Sahai added.

With regards to export, Sahai said some of the goods are exported from international north-south transport corridor route and some of the goods through Dubai route.

While Indian exports to Afghanistan include sugar, pharmaceuticals, apparel, tea, coffee, spices and transmission towers, Imports are largely dependent on dry fruits. “We also import a little gum and onions from them,” the Sahai said.

The Federation of India Export Organisation said in the coming days, the dry fruit prices may go up as the country imports around 85 percent of the products from Afghanistan.

Hoping for optimistic trade relations with the country, the FIEO DG said, “I am pretty sure Afghanistan will realise that economic development is the only way to move forward and they will continue with trade. I think the new regime will like to have political legitimacy and for that India’s role will become important for them.”

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