Karzai seeks foreign investment on India trip

13 Nov, 2012

President Hamid Karzai said Monday that Afghanistan was confident in its future and ripe for foreign investment as he touted for Indian business despite continuing unrest in his war-torn country. After holding talks with Indian Prime Minister Manmohan Singh in New Delhi, Karzai said international companies should seize the chance to invest in his country ten years after the fall of the Taliban regime.
"Investment opportunities in Afghanistan today are better in a country that is more confident in its future and is willing to receive investment from its friends, particularly India," he told reporters. "My visit this time to India is focused particularly on talking to and requesting Indian businesses to come to Afghanistan." India has given $2 billion in aid to Afghanistan since the Taliban were ousted. It is keen to invest more to tackle chronic instability and prevent the return of hard-line rulers after international troops pull out in 2014.

Read Comments