Reforms in the economic system: proposed at the Delhi Summit on Investment in Afghanistan

by Wadsam | June 30, 2012 10:19 am

[1]Economic Summit in New Delhi with regards to investment in Afghanistan was held among 500 foreign delegates and a number of Afghan officials ended with a resolution.

On the final resolution of the Summit, Afghanistan government was requested to bring in reforms in the economic system of the country in order to attract further investors.

Some proposals were also made to the Indian government such as: reducing investments ricks in the private sector, strengthening of trade between the two countries and providing advisory and technical services in the field of banking, finance and telecommunications.

Afghan business representatives along with representatives from other nations attended the Summit. 130 representatives from Indian companies and 70 international representatives were present at the Summit.

Specific recommendations were made to the Afghan government at the Summit including tax breaks for investors, work permit along with special facilities and reforms in the economic sector.

Indian investors were suggested to invest in the education and public health sectors. India was requested to support female investors and traders as well.

The world community is called upon to collaborate with partner-countries of Afghanistan in with respect to the development of the country.

India is an industrial country that has seen a tremendous growth in its economy in the recent years and has provided significant amount of aid to Afghanistan since the past decade.

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