Key shift in india afghanistan trade since taliban takeover in 2021 exports slump imports surge
India’s trade equation with Afghanistan has witnessed a shift after the Taliban’s return to power in August 2021, with imports touching a record $642.29 million in 2023-24 and exports slumping to a 16-year low, creating an unusual trade deficit, reveals Ministry of Commerce data.This shift gains significance as New Delhi has initiated its highest-level contact yet with the Taliban regime and the latter too has expressed interest in strengthening political and economic ties with India, calling it a “significant regional and economic power”.
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