Namrata Kath Hazarika | 11 May, 2012
Small and medium
enterprises from India and Afghanistan have huge scope for cooperation, said
Commerce Secretary Rahul Khullar in New Delhi on Thursday.
"While promoting
economic activities in Afghanistan, there is a great potential for picking up
bilateral projects in textiles, agro-processing and small and medium industry
in Afghanistan," Khullar said while speaking at a FICCI event on "India-Afghanistan Parliamentary Forum".
He said that there are no monetary issues between the
nations but it is requisite that the skills, technologies, and entrepreneurship should be brought together and developed in order to enhance
economic and bilateral ties between both the nations.
"The important thing is the government will not improve the
ties, it is the businessmen who have to do it," he added.
He said that there is sufficient goodwill and support
available in terms of money and financial backdrops are concerned.
Khullar pointed out although India is very
actively involved with Afghanistan in range of issues, he feels that the export
growth from Afghanistan to India which has been at 16 percent last year is very
slow.
The announcement by India last year to allow duty-free
export of all items into the country by Least Developed Countries (LDCs) of the
South Asian Association for Regional Cooperation (SAARC) is an important market
opening for Afghanistan and it is for you now to figure out what you want to sell
to India, he added.
The other areas of cooperation between both the
countries are Cement, Steel, Hydrocarbons, Construction and construction
materials, Energy and natural resources, Transport, Logistics, Pharmaceuticals
and Chemical, Banking and financial services, Telecom Services, Real
estate and tourism, etc.