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Taliban stop exports, imports from India

Taliban stop exports, imports from India
Written by news2in

New Delhi: Taliban have stopped all import and export with India after entering Kabul and took over the country on Sunday.
Dr.
Ajay Sahai, Director General (Director General) of the Indian Export Organization Federation (FIEO) said Ani that at this time, the Taliban had stopped the cargo movement through the Pakistani transit route, thus stopping the import of the country.
“We continue to look at developments in Afghanistan.
Imports from there came through the Pakistani transit route.
Until now, the Taliban has stopped the cargo movement to Pakistan, so that almost imports have stopped,” Fieo said by Ani.
India has long relations with Afghanistan, especially in trade.
India has a large investment in Afghanistan.
“In fact, we are one of the biggest partners of our Afghanistan and exports to Afghanistan which is worth around $ 835,000,000 for 2021.
We imports worth around $ 510 million.
But besides trade, we have a considerable investment in Afghanistan.
We have been invest around $ 3 billion in Afghanistan and there is a 400-strange project in Afghanistan some of which currently occur, “said Sahai.
“…
Some items are exported from the route north-south international corridor transportation now.
Some items through Dubai with the route also work,” he added.
Sahai said India has a healthy relationship with Afghanistan in trade.
At present, Indian export profiles include sugar, medicines, clothing, tea, coffee, spices and transmission towers.
“Imports are related and most depend on dry fruits.
We also import small rubber and onions from them,” Fieo said.
Although the situation quickly developed in Afghanistan, Fieo DG hopes and is optimistic about trade relations with Afghanistan.
“I am pretty sure during Afghanistan’s time period will also realize that economic development is the only way to move forward and they will continue with this type of trade.
I think the new regime will want to have political legitimacy and for that the role of India will be important for them too , “Dg Fieo told Ani.
The Indian export organization federation expressed concern that in the coming days the price of dried fruit can rise due to turmoil in Afghanistan.
India imports around 85 percent of dry fruits from Afghanistan.
“I would say that it might not have a direct impact on the price but the fact that one of the sources of imports does not exist anymore, speculation price increases are not ruled out,” said Sahai.

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