The Taliban take over Afghanistan; what it means for the Indian dry fruit market

Published Aug 18, 2021

Tridge summary

The article highlights the impact of the Taliban's takeover in Afghanistan on India's trade with the country, with a focus on the exchange of dry fruits and Indian goods like tea, coffee, pepper, and cotton. The article points out that import and export shipments are currently in transit, potentially leading to significant losses for traders and payment issues. The article also mentions that the price of various dry fruits from Afghanistan has already increased by 10% in Delhi's Khari Baoli market and is expected to rise further. The total trade between the two nations for the financial year 2020-21 was USD 1.4 Billion, marking a decrease from USD 1.52 billion in the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Everyone might be aware of the ongoing Afghan crisis, but do know that this fight is adversely affecting the trade between India & Afghanistan. The militant group Taliban’s takeover in Afghanistan, has left Indian traders, especially those importing dry fruits - worried! India imports dried raisins, walnuts, almond, fig, pine nut, pistachios, dried apricot and fresh fruit such as apricot, cherry, watermelon and medicinal plants from Afghanistan & India’s exports to Afghanistan include tea, coffee, pepper and cotton. Most of the Indian imports from Afghanistan transit through Pakistan. The import and export shipments are currently stuck which may cause heavy losses to the traders, it may also get a lot of their payments blocked. A trader from the country’s largest wholesale Market Khari Baoli told media that his consignment comes via Attari (in Punjab), but it has been stopped since one and a half months already. Winters can sometimes appear to be very cold. During this time, ...

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