25 killed, 5 injured in cargo ship fire in China, President Donald Trump says Iran war will end immediately after US mid-term election, Serbia's president Vucic dissolves parliament, calls snap election for October 25, HP govt to introduce dress code for teachers in CBSE schools from Oct 1,

Afghanistan seeks Indian investments, promises conducive environment

Afghanistan's Commerce and Industry Minister Alhaj Nooruddin Azizi on Friday invited Indian businesses to invest in the landlocked nation, promising a conducive environment to foster bilateral trade and boost economic cooperation. He outlined mining, agriculture, health and pharmaceuticals, information technology, energy and textiles as areas where significant opportunities exist for business engagement. Azizi, along with a high-powered delegation, arrived in New Delhi on a five-day visit to the country. He also expressed gratitude to the Indian government for its continued support while addressing an interactive session organised by industry body PHDCCI. The minister said his nation is offering several new incentives, including a 1 per cent tariff on raw materials and machinery, free land allocations, reliable power supply and proposed five-year tax exemptions for new industries -- particularly those established by returning Afghan refugees. He also encouraged greater engagement from the Afghan Sikh and Hindu communities and reaffirmed Afghanistan's commitment to ensuring a peaceful, inclusive and business-friendly environment for all partners.

India and Afghanistan have agreed to various measures to boost bilateral trade, currently valued at around $1 billion.Meanwhile, the Indian government said air cargo services between India and Afghanistan will "commence very soon." India and Afghanistan have decided to appoint dedicated commercial attachés in each other’s capitals to revitalise bilateral trade currently valued at over USD 1 billion. The decision has been taken during a bilateral meeting between Afghanistan’s Minister of Industry and Commerce Hajji Nooruddin Azizi and Minister of State for Commerce and Industry Jitin Prasad here on Thursday.


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Related Items

  1. IMF lauds Indian growth story amid global uncertainty

    Full Story

  1. Apple Foldable iPhone Duo to hit Indian market from Oct 23

    Full Story

  1. Nepal floods: 158 Indians rescued, India steps up relief and rescue Ops

    Full Story

My Cartoon


image1


Photos

Food & Lifestyle

From classroom to competition: Building the next generation of Chefs

 The food industry is constantly evolving. New ingredients, techniques, presentation styles, and global influences continue to reshape the way food is prepared and served.

Read More

Crime

Main accused in MP Hooch tragedy held after encounter in Sagar

One of the main accused in the MP spurious liquor case was arrested after an encounter with police in Sagar district early Friday.

Read More

Opinion

The High-Wire Act

How New Delhi is trying to anchor the new BRICS

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.