Category: Investing in Afghanistan
India remains an integral part of Afghanistan’s steady progress in institutionalising peace, pluralism, and prosperity. Ties between Afghanistan and India go beyond the traditionally strong relations at the government level. Since time immemorial, people of Afghanistan and India have interacted with each other through trade and commerce, peacefully coexisting on the basis of their shared cultural values and commonalities. This history has become the foundation of deep mutual trust. Public opinion polls in Afghanistan confirm this, as well as the sentiment Afghans share about feeling at home whenever they visit India.
Partnership defines this fast shrinking century. Since the end of the Cold War, the world has increasingly become interdependent both in security and economic development terms. That is why countries no longer speak with the kind of zero-sum undertones, which they used to do in the last decades of the Cold War and the early years of the post-Cold War. At least in rhetoric, ‘win-win partnership’ has replaced the realpolitik jargon of the past century and increasingly guides states towards a new world order whereby every state should be afforded the opportunity to grow and develop alongside the rest.Continue reading
In complex post-conflict environments such as Afghanistan, security and development needs are intertwined. Without addressing both at the same time, it would be hard to ensure an environment that enables sustainable economic growth. In other words, bullets alone cannot remedy Afghanistan’s current situation. In fact, as former U.S. President Bill Clinton once said, “it’s the economy stupid,” something that is even more relevant in the fight against terrorism in Afghanistan.Continue reading
In mid-June, an article in the New York Times revealed to the world something that many Afghans already knew: Afghanistan sits on about $1 trillion-worth of minerals. Afghans are now hoping the news will help the government attract much-needed foreign investment.
India’s initiative to host the Delhi Investment Summit on Afghanistan tomorrow is a welcome step forward in enabling the country to achieve long-term economic self-reliance, in line with the key objectives of recent international conferences. The one-day summit intends to showcase Afghanistan’s economic potential and attract foreign investment, while exploring possibilities of cross-country investment partnerships and collaborative ventures from within the region and beyond as a regional and international confidence-building measure.
We often hear about Afghanistan’s domestic, regional, and transnational challenges each posed by the country’s abject poverty, the Taliban’s cross-border insurgency, and terrorism and drug trafficking that collectively destabilize Afghanistan. But we seldom pay attention to the greatest challenge posed to Afghanistan’s nation-building process by a lack of aid resources coupled with weak strategic coordination of aid implementation by the international community. Some of these challenges deserve special mention both to help overcome them and to avoid collective failure in a country where the international community continues to have the highest chance of success in view of Afghans’ optimism for a better future and their unlimited support for the international peace-building efforts in Afghanistan.
Do Afghans abroad ever think about their debt of service to Afghanistan and doing something about it? They may rarely do so. But let us begin with the basic fact that the land Afghans call home is diversely populated, geographically landlocked, politically and economically least developed, and unfortunately located in a predatory neighborhood where at least one of their neighbors sees her raison d’être partly dependent on instability in Afghanistan.