Business of thousands of crores in India in crisis due to the situation in Afghanistan, shipments stuck, CTI expressed concern
India and Afghanistan have had trade relations for centuries, but Taliban’s Afghanistan (Afghanistan-Taliban Crisis) With the capture of the power of India, along with Afghanistan impact on business relationships is expected to be. According to the report of the trade organization Chamber of Trade and Industry (CTI), in the last financial year 2020-2021, there was a trade of about Rs 10,000 crore between India and Afghanistan, if we talk about exports from India, then in 2020-21. India exported about Rs 6,000 crore to Afghanistan, while products worth about Rs 3,800 crore were imported into India from Afghanistan.
India is the largest market for Afghan products in South Asia. India mainly exports dry fruits and fruits from Afghanistan, in which dry fruits like raisins, walnuts, almonds, figs, pistachios, dried apricots are bought by India from Afghanistan. At the same time, pomegranate, apple, cherry, cantaloupe and spices like asafoetida, cumin and saffron are also imported from Afghanistan. Apricots and medicinal herbs are also imported from Afghanistan.
If we talk about exports from India, then India mainly exports tea, coffee, cotton, pepper etc. to Afghanistan.
If we talk about Delhi, then about Rs 1,000 crore business is done with Afghanistan every year from Delhi. Clothes, medicines, medical equipment, auto parts etc. go to Afghanistan from Delhi. Especially from the cloth market of Chandni Chowk, ladies suits and cotton kurtas go to Kabul and Kandahar.
CTI chairman Brijesh Goyal and chairman Subhash Khandelwal said that in the current situation, bilateral trade between India and Afghanistan will be badly affected because the future is uncertain under these circumstances. Shipments of people are stuck and payments of people on a large scale may get stuck. For this the Government of India should take immediate cognizance and find some way out.