English हिन्दी
Connect with us

Latest world news

Afghan traders ink $68m deals in Delhi’s trade event

Published

on

Afghan traders ink $68m deals in Delhi’s trade event

[vc_row][vc_column][vc_column_text]In an interesting development indicating growing India-Afghanistan ties, Afghan traders have succeeded in signing $68 million worth of deals for high-value agricultural products: like pomegranates, saffron, apples, apricots, melons, grapes, nuts, and cherries, during their participation at a recent trade mission in New Delhi.

According to Kabul based TOLO News, The USAID Commercial Horticultural Agricultural Marketing Program (CHAMP), implemented by Roots of Peace, facilitated the trade event titled “Made in Afghanistan: Nature’s Best” on July 13 and 14.

Afghanistan’s Ambassador to India Dr. Shaida Mohammad Abdali, while addressing at the inauguration of the event on July 13, said that two countries have set a trade target of two billion USD by 2020. He said that level of trade between the two countries has increased to almost $ 900 million.

Read More: India succeeds hurting Pakistan’s trade interest in Afghanistan

Abdali stated that his country was heading towards a better position as long as connectivity was concerned and that it was no longer a land locked country. He said that the opening of the Iranian Chabahar port by 2022 will further help trade grow.

He was quoted saying “We want borders to be opened up between India-Pakistan-Afghanistan and the rest of the region. We’re trading with India through Pakistan but it isn’t as smooth as desired. We hope Afghanistan’s connectivity is improved desirably for rest of  the region”.

FICCI played important role in organising the trade event.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]A total of 49 Afghan exporters exhibited and over 800 Indian buyers had the opportunity to learn about Afghanistan’s modern agricultural practices and products.

Last year, Afghan President Ashraf Ghani provided air cargo incentives that led to the first direct air shipments of Afghan produce to New Delhi and Mumbai.

Read More: India sends first wheat shipment for Afghanistan via Iranian Chabahar port

Ajmal Ahmadi, Economic Advisor to Ghani had stated that the air corridor connection has so far resulted in 100 air cargo flights from Afghanistan to New Delhi and Mumbai.

“We are planning to add more Indian cities such as Chennai and Hyderabad because we consider India as our largest market for agricultural and craft products,” said Ahmadi.

On the occasion of the launch of the two day event, Afghanistan Ambassador posted a tweet:[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]The “Made in Afghanistan: Nature’s Best” event was a follow-up event to the USAID-supported “Passage to Prosperity” trade show that was held in September 2017 in New Delhi, when Afghan agricultural exporters made $30 million in sales.

Read More: India won’t have military role in Afghanistan, says Sitharaman after talks with US counterpart

The recent trade event also prepared ground for Afghan exporters for the forthcoming USAID-supported second-annual “Passage to Prosperity” Trade and Investment Show scheduled to be held in Mumbai in September this year.

Afghanistan’s Ministry of Agriculture, Irrigation and Livestock (MAIL) and the Afghanistan Chamber of Commerce and Industries (ACCI) also supported the trade event held in New Delhi.[/vc_column_text][/vc_column][/vc_row]

Latest world news

US ends oil sanctions waiver for Iran and Russia, impact likely on India’s energy imports

The US decision to end the Iran and Russia oil waiver may impact India’s oil imports, fuel prices and global energy markets.

Published

on

US oil tanker

The United States has decided not to extend a temporary sanctions waiver that allowed limited trade in Iranian and Russian oil, marking a shift towards stricter enforcement of economic restrictions.

The waiver, introduced in March 2026, had permitted the sale of oil already loaded on ships to stabilise global supply during heightened geopolitical tensions. However, it is now set to expire around mid-April without renewal.

US officials have indicated that the move is part of a broader strategy to increase pressure on both Iran and Russia amid ongoing conflicts and geopolitical tensions.

What the waiver did and why it mattered

The short-term waiver allowed millions of barrels of oil—estimated at around 140 million barrels—to enter global markets, helping ease supply shortages and prevent sharp price spikes.

It also enabled countries like India to purchase discounted crude oil from Russia and resume limited imports from Iran after years of restrictions.

Impact on India

India, one of the world’s largest oil importers, is expected to feel the impact of the decision in several ways:

  • Reduced access to discounted oil
    India had been buying cheaper Russian crude and recently resumed Iranian imports under the waiver. Its end may limit these options.
  • Potential rise in fuel costs
    With fewer discounted supplies available, India may need to rely more on costlier sources, which could increase domestic fuel prices.
  • Supply diversification pressure
    India may need to explore alternative suppliers in the Middle East, Africa, or the US to maintain energy security.
  • Geopolitical balancing challenge
    The move adds pressure on India to align with US sanctions while managing its own economic interests.

Global energy market concerns

The end of the waiver comes at a time when global oil markets are already under stress due to conflict in West Asia and disruptions in key routes like the Strait of Hormuz.

Analysts warn that tightening sanctions could:

  • Reduce global oil supply
  • Increase price volatility
  • Intensify competition among major buyers like India and China

Bigger picture

The US decision reflects a broader shift from temporary relief measures to stricter enforcement of sanctions, even if it risks tightening global energy markets.

For India, the development highlights a recurring challenge—balancing affordable energy access with geopolitical realities.

Continue Reading

Latest world news

Sanctioned tanker fails to breach US blockade, turns back near Strait of Hormuz

A US-sanctioned tanker failed to cross the Hormuz blockade and turned back, underscoring rising tensions and disruption in global shipping routes.

Published

on

A US-sanctioned oil tanker failed to break through a newly imposed American naval blockade and was forced to turn back near the Strait of Hormuz, highlighting growing tensions in the region.

The vessel, identified as the Rich Starry, reversed its course after attempting to exit the Gulf, according to shipping data. The development comes just days after the United States enforced restrictions on ships linked to Iranian ports.

The blockade was announced by Donald Trump following the collapse of recent diplomatic talks with Iran. The move aims to restrict maritime traffic associated with Iranian trade.

Officials said that during the first 24 hours of enforcement, no vessel successfully crossed the blockade. Several ships, including the sanctioned tanker, complied with instructions from US forces and turned back toward regional waters.

The tanker is reported to be linked to a Chinese company previously sanctioned for dealing with Iran. It was carrying a cargo of methanol loaded from the United Arab Emirates at the time of the incident.

The situation underscores the rising risks in one of the world’s most critical oil transit routes. The Strait of Hormuz typically handles a significant share of global energy shipments, but traffic has sharply declined due to ongoing geopolitical tensions.

The blockade, which applies specifically to vessels travelling to or from Iranian ports, has added further uncertainty for shipping companies, insurers and global energy markets.

Continue Reading

Latest world news

Jaishanakar discusses Middle East crisis with Kuwait and Singapore counterparts, focus on Indian community

Jaishankar holds talks with Kuwait and Singapore counterparts on West Asia tensions, highlights Indian community safety.

Published

on

India’s External Affairs Minister S. Jaishankar held discussions with his counterparts from Kuwait and Singapore amid the ongoing crisis in West Asia, focusing on regional developments and the safety of Indian nationals.

In separate telephonic conversations, Jaishankar exchanged views with Kuwait’s Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah and Singapore’s Foreign Minister Vivian Balakrishnan. The discussions come at a time of heightened tensions in the Middle East region.

According to details shared by the minister, his conversation with the Kuwaiti counterpart primarily revolved around the evolving regional situation and the well-being of the Indian community residing in Kuwait.

He described the interaction as a constructive exchange, highlighting India’s continued attention to the safety and interests of its citizens abroad during the crisis.

In a separate interaction with Singapore’s foreign minister, Jaishankar said the two sides discussed the ongoing conflict in West Asia and its broader implications.

The talks reflect India’s ongoing diplomatic engagement with key global partners as tensions in the Middle East continue to escalate, impacting regional stability and international concerns.

The latest outreach is part of a series of high-level communications by India aimed at closely monitoring developments in the region while safeguarding its strategic and humanitarian interests.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com