The government of India has vowed to assist in developing the textile industry of Afghanistan as part of New Delhi’s reconstruction efforts and help assist the Afghan economy.
The commitment was during the signing of a Memorandum of Understanding (MoU) between the Ministry of Commerce and Industries of Afghanistan and Ministry of Textiles of the Republic of India on Wednesday.
Acting Minister of Commerce and Industries, Muzamil Shenwari and Indian Ambassador to Afghanistan, Amar Sinha signed the MoU which will focus on expasion of business and cooperation in the filed of textiles and clothing.
“As per MoU, both sides agreed to cooperate in developing closer economic relations and bilateral cooperation in the field of textiles, clothing, cotton, man-made fibre and handlooms,” according to a statement released by the Embassy fo India in Kabul.
The statement further added “India agreed to provide all necessary assistance to develop Afghan textile industry and assist in skill development, research and development, technical collaboration in product development and manufacturing, testing and certification and organize joint trade missions for mutual collaboration.”
The Indian Ambassador Amara Sinha quoted in the statemetnt said “Afghanistan has huge potential for development of textile industry since the country is endowed with very rich quality of cotton, silk and cashmere and this sector is a good source for jobs and employment.”
The statement also added “Thus it is important to revive textile industry for economic development. Cotton can also be an alternate crop to move away from opium cultivation. He further added that signing of this MoU on textile cooperation in first week of the New Year is a good beginning and assured all cooperation from India to develop this industry and continued engagement with Afghanistan’s economic development which is a priority of the new government.”