apr 132021

Get information about India and the World Trade Organization (WTO). Details of the general agreement on trade in services are available. A consultation paper on the WTO negotiations is presented. Detailed information on the importance of the service sector and the current state of negotiations in the services sector is also available. Users can send their data by mail to the address indicated or by mail to the email address indicated. Here you will find detailed information on India`s various trade agreements with abroad. Users can learn about India`s commitments to the Association of Southeast Asian Nations (ASEAN). The details of the negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between India and Sri Lanka, the negotiations on the Comprehensive Economic Cooperation Agreement between India and Thailand (CECA), the India-Gulf Cooperation Council (GCC), the Free Trade Agreement… A cousin of the then president, Hamid Karzai, said in 2007 that India was ”Afghanistan`s most valued partner.” [11] Shaida Mohammad Abdali, Afghanistan`s Ambassador to India, said in April 2017 that India was ”the largest regional donor to Afghanistan and the fifth largest donor in the world with more than $3 billion in aid.

India has built more than 200 public and private schools, sponsors more than 1,000 scholarships, and welcomes more than 16,000 Afghan students. [12] Following the bombing of the Indian Embassy in Kabul in 2008, the Afghan Ministry of Foreign Affairs cited India as a ”brother country” and relations between the two countries as ”no enemy can hinder.” Relations between Afghanistan and India were greatly boosted in 2011, with the signing of a strategic partnership agreement[13] for the first time since the 1979 Soviet invasion. [14] The preferential trade agreement between India and the Transitional Islamic State of Afghanistan is granted by the Ministry of Commerce. Users can learn about the agreement, objectives, the removal of tariffs, national legislation, balance-of-payments measures for both countries, etc. India recognized the new Republic of Afghanistan on 19 July 1973. Indian Foreign Minister Swaran Singh visited Afghan President Mohammed Daoud Khan and Khan in March 1975 in India in October of the year. On July 7, 1974, the two countries signed a trade protocol. [20] 4. Recently, the Afghan government announced its intention to obtain its procurement requirements from India through a government contract with Indian companies. The mission has led to several agreements between Indian companies and the Afghan National Public Procurement Authority (AFN).

Afghanistan`s main supply areas are pharmaceuticals, medical equipment, information technology and technical services. ”A $2 million contract was signed today between Indian and Afghan companies. We expect many more contracts to be signed in the next two days,” Abdali said. Bilateral trade between India and Afghanistan exceeded the $1.5 billion mark in the past fiscal year (2019-2020). India`s exports to Afghanistan totalled nearly $1 billion ($997.58 million) and India`s imports from Afghanistan were $530 million. Business value growth has steadily improved over the past five years. By comparison, Indian exports to Afghanistan grew by more than 89% between 2015-16 and 2019-20. Indian imports also increased by 72% over the same period.

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