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Indians offered preferential treatment

Indians offered preferential treatment

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Jun 25, 2014 - 18:57

NEW DELHI (Pajhwok): Afghanistaninfo-icon’s ambassador to India on Wednesday underlined the need for expanding up business links between the two nations, which enjoy traditional ties in the spheres of politics, culture and social interaction.

Ambassador Shida Mohammad Abdali said: "The two nations should look forward to sustainable and long-term connectivity. Afghanistan pledges preferential treatment to Indian businesses in its economy for the same.”

During an interactive meeting on “Trade Opportunities in Afghanistan” -- jointly organised by MVIRDC Worldinfo-icon Trade Centre (WTC) and All India Association of Industries (AIAI) -- he said the five areas of fruitful interaction included industrial development, construction, export promotion, agricultureinfo-icon and mining.

Afghanistan would give preferential treatment at the government, societal and public levels to Indian investments in the economy through government support, land ownership, tax incentives, logistical support, liberal visa regime, investment protection and business security, he promised.

Abdali proposed the signing of an MoU between MVIRDC World Trade Centre and All India Association of Industries with the export promotion organisations and chambers of commerce of Afghanistan.

Vice-Chairman of MVIRDC World Trade Centre Vijay Kalantri said India and Afghanistan enjoyed cordial relations. He said India was the sixth largest investor in Afghanistan with net investments worth $2 billion.

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