Business

CII HOLD 'SESSION ON EXPLORINIG BUSINESS OPPORTUNITIES IN AFGHANISTAN'

November 20, 2017 07:52 PM

Amritsar (Face2News)

- “Amritsar to become Gateway of Trade to Afghanistan’ soon,” says Shaida Mohammad Abdali, Ambassador of Islamic Republic of Afghanistan in India. Confederation of Indian Industry (CII), in its endeavour to create opportunities for Indian businesses to grow, has been stepping up its engagement with the world on a wide range of issues which are critical for globalization of Indian industry and its integration with the world economy. The mission is to continuously help members access newer markets and create B2B opportunities. CII organised an interactive session on ‘Exploring Business & Investment Opportunities in Afghanistan’ in Amritsar today.

Shaida Mohammad Abdali, Ambassador of Islamic Republic of Afghanistan in India, said, “Amritsar will soon become ‘Gateway of Trade to Afghanistan’. Amritsar will soon be connected by air with Afghanistan to facilitate import & export of goods. Afghanistan is very well connected through the rail route with Central Asia and can become a transit point for exports to Central Asia.”

Speaking on the occasion, H.E. Shaida Mohammad Abdali, Ambassador of Islamic Republic of Afghanistan in India, said, “Amritsar will soon become ‘Gateway of Trade to Afghanistan’. Amritsar will soon be connected by air with Afghanistan to facilitate import & export of goods. Afghanistan is very well connected through the rail route with Central Asia and can become a transit point for exports to Central Asia.”

He also assured of all support to the Indian Industry for the promotion of trade from Amritsar. He said Afghanistan also offered visa on arrival to Indian Citizens.

Welcoming the Ambassador, Mr Sachin Khanna, Chairman CII Amritsar Zonal Council, said Afghanistan was a strategic economic partner of India in the South Asian region. Its importance lay in the fact that it offers immense possibilities for Indian investments in its era of reconstruction which could help build export supply capabilities in Afghanistan. The strengthening of trade-investment linkages in the country would help build the transit infrastructure which in turn would further facilitate trade and investment flows.

He said Indian industry was looking for profitable investment opportunities in Afghanistan, including in sectors like mining, agriculture, textile, energy, infrastructure, telecommunications, and others. The Salma Dam in Herat, being completed with financial assistance from India, is an example of the mutually- beneficial relationship between the two countries.

Mr Ajay Khanna, Vice-Chairman, CII Amritsar Zonal Council, suggested setting up a Joint Task Force with the leading trade organisations in Afghanistan to come out with a roadmap for economic engagement between private sectors of two nations.

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