Taliban stops trade with India, exports and imports have automatically stopped. Image Courtesy – News18
The Taliban is trying to cut off trade ties with India after seizing power in Afghanistan. A ruling has been issued according to Islamic law to stop all kinds of imports and export with India.
Ajay Sahai, Director-General, Federation of Indian Export Organizations (FIEO), said that the Taliban had stopped transporting goods through Pakistan. No more goods will be transported on the transit route, so all the imports have also stopped.
Ajay Sahai said that India exports medicines, sugar, clothes, tea, coffee and spices to Afghanistan. On the other hand, dried fruits are imported to India from Afganistan. He also told that there were still no barriers to transporting goods through some routes, such as Dubai and the north-south transport corridor.
In this situation, neither anything can be exported to Kabul nor it’s possible to import anything from there. The Federation of Indian Export Organisations (FIEO) has predicted a rise in prices of dried fruits in the Indian market in the coming days, as 85% of its imports come from Afghanistan.
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A secret estimate by the US intelligence agencies predicted the collapse of the Afghan army and the Taliban taking control of Afghanistan. US President Joe Biden had assured that Kabul would not be piled up despite this intelligence estimation.
Most intelligence reports had become disappointing till the month of July 2021. Questions were being raised whether the Afghan security forces would be able to put up serious resistance and whether the government would be able to stay in Kabul.
India has a longstanding trade relationship with Afganistan. India is also involved with a huge investment in Afganistan over the last 20 years. Roads, infrastructure development, Chabahar port, parliament building etc. all have been built with Indian money.
The biggest question is that –
What is going to happen now with the Taliban regime that has been established in Afganistan?
