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CEO invites Indian, US investors to help exploit Afghan riches

CEO invites Indian, US investors to help exploit Afghan riches

Sep 28, 2017 - 17:08

KABULinfo-icon (Pajhwok): Chief Executive Offier (CEO) Abdullah Abdullah has invited Indian and US entrepreneurs to participate in developing Afghanistaninfo-icon’s mineral riches.

Abdullah said this while addressing USAIDinfo-icon sponsored “PASSAGE TO PROSPERITY: India Afghanistan Trade and Investment Show” in New Dheli.

The CEO said Afghanistan wanted to expand its traditional commercial exchanges in areas such as handicrafts, gemstones, agricultural and other items and looked forward to doing more in areas such as infrastructure, healthinfo-icon services, finance, educationinfo-icon and clean energy.

He thanked members of business and public-private communities, for attending the unique event --- a first deliverable for the Heart of Asia agreement, with the aim to rejuvenate economic bonds being shared by South and Central Asian neighbors.

The CEO said Afghanistan welcomed such events and looked forward to other such events to highlight Afghan potentials and the ocuntry’s vision as a good neighbor and regional actor.

“With India, our trade history is millennial and trespasses the old Silk Road that today is shaping the new Silk Road. As an example, we now have in place a functioning air cargo agreement for agricultural produce being delivered to Indian markets, and more Indian goods coming back to Afghanistan,” he said.

Abdullah hailed India’s growing economic role on the worldinfo-icon stage, and as a major regional hub.

The CEO thanked India Prime Minister Modi and his team for commitment to Afghanistan in finding new opportunities for trade and private sector development, and in other areas of mutual interest.

“With the United States, we very much value our partnership. Afghans are highly appreciative of the generosity and the commitments, in blood and treasure, from the US, as well as others within the EU, NATOinfo-icon and other bilateral donors, since 2001.”

He said the US had and continued to invest in Afghan economic stability, knowing it was interlinked with security and political stability.

Abdullah believed recent American policy announcements on Afghanistan and the region ‘was proof of strong strategic bonds and a shared outlook.’

He said the Afghan-US partnership would go beyond into greater region level to include countries who shared a common thread. “India is natural part of this fabric.”

He said despite woes, Afghnistan was on the verge of becoming a market and a transit roundabout for now and into future.

Abdullah stressed the event in New Delhi illustrated the goals the three countries shared to bring peace and prosperity to the region.

“Whether we like it or not, demographics, demand and supply dynamics, economic corridors, pipelines (such as TAPI), road and rail connectivity, access to seaports (such as Chabahar) will shape the future of our region.”

“This means transmission lines, fiber optic networks, railways, roads, airports, logistics facilities among other infrastructural work that need to be put in place. And along with that, we will see other small-to-medium size businesses flourish and thousands of jobs created for our youth.”



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