After the establishment of Taliban rule over Afghanistan, the policy there is changing very rapidly. India is still in a dilemma regarding its foreign policy regarding the Taliban, but the Taliban’s point of view has become very clear. The Taliban has decided to ban all imports and exports with India.
Director General of Federation of Indian Export Organization (FIEO) Dr Ajay Sahai told news agency ANI that the Taliban has stopped the cargo movement. This trade was done through the Pakistani transit route. Due to the ban on transit route movement, the import-export from Afghanistan has been completely banned. Ajay Sahai said that the imports from Afghanistan used to be through the transit route of Pakistan. For the time being, the Taliban have banned cargo movement to Pakistan. We are watching how the Taliban rulers are taking decisions.
Deep trade ties between the two countries
Afghanistan has been a very close friend of India. There are also deep trade relations between the two countries. India has also invested thousands of crores there, but after the capture of Taliban, the situation is critical. Recently, when Finance Minister Nirmala Sitharaman was asked a question in this regard, she simply said that it is too early to say anything in this regard.
$835 million in exports so far this year
Talking about the trade relationship between India and Afghanistan, so far in 2021, India has exported $ 835 million to Afghanistan. During this period, India has also imported $510 million from Afghanistan. Sahai said that apart from trade, India has also invested a huge amount of 3 billion dollars i.e. about 22 thousand crore rupees there. There are about 400 such projects in Afghanistan, where India’s investment has been made.
India buys 85% dry fruits from Afghanistan
Talking about exports, India exports sugar, medicines, tea, coffee, spices and clothes to Afghanistan. Dry fruits are mainly imported from Afghanistan. Apart from this, gum and onions are also imported from Afghanistan. Sahai said that we have full confidence that the Taliban rulers will soon understand that trade is the way of development. This will open the doors of trade between the two countries again. FIEO said that in the coming days, there will be an increase in the rate of dry fruits in the country. India imports 85 percent of dry fruits only from Afghanistan.