After taking over Afghanistan, Taliban ceased imports and exports with India, Dr. Ajay Sahai, Director General(DG) of Federation of Indian Export Organization(FIEO) said. He informed that currently Taliban have stopped imports the country through transit route of Pakistan.
Dr. Sahai said, “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. In fact we are one of the largest partners of Afghanistan and our exports to Afghanistan are worth around $835 million for 2021. 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. Some of the goods are exported from international north-south transport corridor route which is fine now. Some of the goods go through Dubai route also which is working. I am pretty sure over a period of time Afghanistan will also realize that economic development is the only way to move forward and they will continue with that kind of trade. I think the new regime will like to have political legitimacy and for that India’s role will become important for them also. I will say that may not directly impact the prices but the very fact that one of the sources of import no longer exists, speculation of increase in prices is not ruled out.”
The authorities are optimistic about the trade to continue its trade relations with Afghanistan again in some time. As India is an importer of around 85% dry fruits from Afghanistan, it might soon result that the prices of dry fruits go high in coming days due to the turmoil of Afghanistan, now ‘Islamic Emirates of Afghanistan.’
India presently export sugar, pharmaceuticals, apparel, tea, coffee, spices and transmission towers around the world, where, from Afghanistan, India largely imports dry fruits, little gum and onions.