India Hosts Investment Summit on Afghanistan

Up to 40 countries participated at the investment summit on Afghanistan in India on Thursday, aimed at attracting direct foreign investment into the war-torn economy.

The summit, held with the support of the Indian Foreign Ministry and private businesses in Afghanistan, opened the doors for investors from around the world to seek investment opportunities in Afghanistan.

The summit aimed to benefit economic progress in Afghanistan, the Indian Foreign Ministry said in statement.

"Delhi Investment Summit on Afghanistan is being organised in line with India's long-term commitment to assisting the people and government of Afghanistan as they build a peaceful, pluralistic, democratic and prosperous Afghanistan," it said.

Also Afghan experts said the meeting would help relations between the two neighbours.

"The summit will be effective for both the people and governments of both countries [Afghanistan and India] due to their mutual needs and strategic statuses", university lecturerer Nasrullah Stanikzai said.

Officials of both countries also held meetings to discuses how to improve areas related to commercial matters, transit, and economic relations with other regional countries.