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Home News International

Taliban clarifies its import-export bans with India

Hello Guwahati by Hello Guwahati
19/08/2021 8:19 pm
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Guwahati News Desk: After Taliaban seized the capital city of Afghanistan and capture the rule in Kabul from the hands of the government, Taliban has decided to ban all imports and exports with India.

The import-export banned from Taliban side was announced by the Director General of Federation of Indian Export Organisation (FIEO) Dr Ajay Sahai on Thursday. According to the sources, the Taliban has stopped the cargo movement and the 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, says Ajay Sahai.

Afghanistan holds up a deep trade relations with India and has invested thousand of crores but soon after the hold by Taliban the relations between India and Afghanistan were seen critical.

So far in the year 2021, India has exported 835 million to Afghanistan and India has imported 510 million from Afghanistan. Sahai also added apart from the trade with Afghanistan, India has invested around 22 thousand crore rupees and about 400 such projects in Afghanistan which is a big investment with Afghanistan. On the other hand, Taliban clarifies to ban all kinds of import-export with India which might put India in a big loss in the coming days.

India imports 85 per cent of dry fruits from Afghanistan and India exports sugar, medicines, tea, coffee, spices and clothes to Afghanistan. India is always the big market for Afghanistan for buying dry fruits as it can be clearly said that prices of dry fruits can reach to peak in India after the ban of trade exchange communication between both the nations.

Sahai also added that the rulers of Taliban will understand the formula for trade which is the way of development for Afghanistan which will open trade doors between both the nations.

Photo | Representative Image

Tags: AfghanistanImport ExportInternational news
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