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Afghan, Indian Investors Sign Contracts Worth $123 Million

Exporters of Afghanistan’s finest fruits, nuts, spices, honey, and juices left a Mumbai trade event this week with contracts worth more than $123 million from buyers in India, the US aid agency, USAID, said in a statement on Wednesday.

More than 55 exporters showcased their products at the two-day “Made in Afghanistan: Nature’s Best” Mumbai Trade Mission and Exhibition, organized by USAID in partnership with the Afghan Ministry of Agriculture, Irrigation, and Livestock and Afghanistan Chamber of Commerce and Industries.

Fruit led the way with $56 million in deals, followed by Asafoetida, or ‘hing,’ a spice used in food and cosmetics, with $43 million in deal, the statement said. 

Contracts worth $15 million were signed for nuts, primarily for pistachios and almonds. Saffron reeled in deals valued at $4.6 million, while another $2.7 million was signed for other spices. Juices and honey made up the rest, the statement added. 

“Coming to India was a game changer for us,” said Hasina Bezhan Zaeefi, owner of Akaam Zaeefi, one of the women exporters invited to participate. “It gave us access to major Indian buyers.”

Business

Afghan, Indian Investors Sign Contracts Worth $123 Million

Owners of 57 local companies attended the agricultural expo in Mumbai, India.

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Exporters of Afghanistan’s finest fruits, nuts, spices, honey, and juices left a Mumbai trade event this week with contracts worth more than $123 million from buyers in India, the US aid agency, USAID, said in a statement on Wednesday.

More than 55 exporters showcased their products at the two-day “Made in Afghanistan: Nature’s Best” Mumbai Trade Mission and Exhibition, organized by USAID in partnership with the Afghan Ministry of Agriculture, Irrigation, and Livestock and Afghanistan Chamber of Commerce and Industries.

Fruit led the way with $56 million in deals, followed by Asafoetida, or ‘hing,’ a spice used in food and cosmetics, with $43 million in deal, the statement said. 

Contracts worth $15 million were signed for nuts, primarily for pistachios and almonds. Saffron reeled in deals valued at $4.6 million, while another $2.7 million was signed for other spices. Juices and honey made up the rest, the statement added. 

“Coming to India was a game changer for us,” said Hasina Bezhan Zaeefi, owner of Akaam Zaeefi, one of the women exporters invited to participate. “It gave us access to major Indian buyers.”

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