Support of Organizations for Trade Cooperation; A Step Toward Economic Self-Sufficiency
Setareh Langari – Support from national and international organizations for trade cooperation and the strengthening of the private sector is considered one of the key factors in economic growth.
According to economic experts, organizational support for enhancing trade cooperation paves the way for increased trade and investment.
Jan Agha Nawid, an economic affairs analyst, told “weezharoz”: “The more our economic relations expand with international institutions and global trade and economic organizations, the more it benefits the private sector and the growth of Afghanistan’s trade.
In this regard, the efforts made are appreciated, with the aim that in the future we can establish good cooperation with economic organizations such as the World Trade Organization (WTO), SAARC, and other regional and global organizations, and create greater facilities in trade, transactions, transit, and transportation.”
Ramesh Ayar, another economic analyst, also stated in an interview with “weezha roz”:
“Support from domestic and international organizations for trade cooperation is one of the important factors in economic growth. This support, through attracting investment, developing export markets, technology transfer, enhancing production capacity, training human resources, and facilitating communication among traders, provides the groundwork for increased trade and investment. As a result, domestic production increases, more job opportunities are created, the country’s foreign exchange earnings grow, and the economy’s dependence on foreign aid decreases.
Therefore, the greater the cooperation among the government, the private sector, and supporting organizations, the stronger the foundation for sustainable economic growth will be.”
Ayar emphasized: “To strengthen trade cooperation, the government must ensure investment security, make trade laws transparent and predictable, simplify the company registration and licensing process, develop transportation and transit infrastructure, improve traders’ access to banking and financial services, and support exports.
Additionally, holding trade exhibitions, establishing industrial zones, expanding economic diplomacy, and broadening cooperation with chambers of commerce and international organizations can facilitate investment attraction and trade growth.
Implementing these measures will increase investor confidence and contribute to the sustainable growth of Afghanistan’s economy.”
Ehsanullah Ehsan, spokesperson for the Afghanistan Chamber of Commerce and Investment, told “weezha Roz”: “The Afghanistan Chamber of Commerce and Investment has always strived to create facilities and coordination between the government and the public sectors to optimally provide the ground for investment and trade growth in the country, and has thus solidified its position in the realm of economic development and job creation.
To achieve this goal, the Chamber, in addition to providing facilities, has also encouraged active institutions in the field of investment and trade to increase their cooperation with the private sector.”
Economic analysts believe that support from domestic and international organizations for trade cooperation leads to the development of export markets, technology transfer, enhancement of production capacity, and ultimately a reduction in dependence on foreign aid.
According to them, the more cooperation expands among the government, the private sector, and supporting organizations, the better the conditions will be for sustainable economic growth and the country’s self-sufficiency.
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