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Change In Regime In Afghanistan Will Hit Trade Ties: Delhi Industry Body

Change In Regime In Afghanistan Will Hit Trade Ties: Delhi Industry Body

NDTV
Wednesday, August 18, 2021 12:58:48 PM UTC

The Chamber of Trade and Industry (CTI) in a statement said India and Afghanistan had a bilateral trade of about "Rs 10,000 crore" in 2020-2021.

A Delhi-based industry body on Wednesday said the change of regime in Afghanistan would impact India's trade relationship with the neighbouring country. The Chamber of Trade and Industry (CTI) in a statement said India and Afghanistan had a bilateral trade of about "Rs 10,000 crore" in 2020-2021. It includes goods worth Rs 6,000 crore being exported from India to Afghanistan, and products worth Rs 3,800 crore being imported from Afghanistan to India. Taliban fighters, who were removed from power in Afghanistan by US-led forces in 2001, have resurfaced again, taking control of most of the parts of Afghanistan on August 15, after the government there collapsed and embattled president Ashraf Ghani fled home, much like his fellow citizens. "In the current situation, bilateral trade between India and Afghanistan will be badly affected because in these circumstances the future is uncertain, shipments of people are stranded and payments of people can be stuck on a large scale. The Government of India should take immediate cognizance of this and some way should be found," CTI chairman Brijesh Goyal said.
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