Since ancient times Afghanistan was located at the crossroads of international trade. The country’s geographic position in the Central Asian heartland makes it an ideal place for export activities. Additionally, Afghanistan has a long tradition of exporting unique and high quality products like fresh and dried fruits & nuts, carpets, handicraft, marble and other quality products.
In late 2001, a conference in Bonn, Germany, established a process for political reconstruction that included the adoption of a new constitution and a presidential election in 2004, and National Assembly elections in 2005. On 7 December 2004, Hamid KARZAI became the first democratically elected president of Afghanistan. The National Assembly was inaugurated as recently as on 19 December 2005.
Based on these positive developments Afghanistan's economic outlook has improved significantly since 2001. Supported by over $8 billion in international assistance the recovery of the agricultural sector, growth of the service sector, as well as the reestablishment of market institutions are making good progress. The Afghan government and international donors remain committed to improving access to basic necessities by prioritising especially economic development over the next years.
Afghanistan is now heading for accelerated economic growth. The country’s government is especially stressing the importance of developing the country’s export potential and is supporting export activities actively. The country is determined to use this potential and to revive its old business relations – especially to India, the hosting country of the IITF!