November 23, 2024 01:57 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
Afghanistan: Businesses in Kandahar planning to move to Iran, Pakistan
Afghanistan Business
Image: Representational image from Unsplash

Afghanistan: Businesses in Kandahar planning to move to Iran, Pakistan

| @indiablooms | 04 Jan 2022, 05:53 pm

Kandahar, Afghanistan: Kandahar’s Chamber of Commerce and Industry has said factory owners, who are currently operating from Afghanistan, are planning to move their business operations to Iran or Pakistan, media reports said.

“Some have the intention to go to neighboring countries. In addition to electricity, there are other problems that are affecting the private sector,” Niamatullah Niamat, deputy of the Kandahar chamber, told Tolo News.

The joint Afghanistan-Pakistan Chamber of Commerce even said Islamabad is now planning to issue a five-year visa for Afghan businesspeople.

“There is a five-year visa for investors who want to invest in Pakistan,” Naqibullah Sapai, head of the joint chamber, told Tolo News. 

Economists, however, warned that the transfer of Afghan business investment to foreign countries will not be working in the favour of the South Asian nation.

“In fact, Pakistan wants to extend its control and take control of Afghan trade and markets and open a way to Central Asia,” Sayed Masoud, an economist, told Tolo News.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia 22 Mar 2023, 02:56 pm
Related Videos