Don’t shy away from Afghanistan: Karzai to India Inc
Mumbai: Afghanistan President Hamid Karzai on Saturday told India Inc not to be "shy" when it comes to investing in his mineral-rich country and pointed out to them of the gains reaped by the Chinese who invested early in the war-ravaged country.
"Indian businesses need not be shy when thinking of Afghanistan. Chinese businesses were there long before you came, five or six years ago. And they have now taken two or three major contracts," he said, addressing the captains of the industry here.
Karzai said his administration will do all things possible and accord special treatment to Indian investors.
"We would like to give you a better platform. We would like to welcome you on a red carpet and others on a grey carpet. But you need to arrive on the red carpet. If you don`t arrive on the red carpet, it will get dusty. Therefore, do hurry up in coming and take advantage of the opportunities in Afghanistan," Karzai told the industry leaders.
He, however, reminded them that there is strong competition in his country.
"Competition is strong. You have now competition from the West arriving in Afghanistan," said Karzai, who has been the head of government since 2001 following the US intervention and the ouster of the Taliban.
Karzai, on a four-day visit to the country, arrived here yesterday. On the second leg of his visit he will be in New Delhi where he is expected to ink four pacts in the field of mining, youth affairs, small development projects and fertiliser.
The meeting was organized under the aegis of CII, Ficci and Assocham and the participants included Adi Godrej of CII, Ficci`s R V Kanoria, Yes Bank managing director Rana Kapur among others.
More from India
More from World
More from Sports
More from Entertaiment
- Bihar: Congress leader Brajesh Pandey accused of running sex racket
- BJP MP Yogi Adityanath compares Akhilesh Yadav with 'Aurangzeb' and 'Kans'
- Acrimonious remarks of political leaders during UP elections
- UP polls: When fans played spoilsport for SP star campaigner Dimple Yadav
- Have political parties diverted from development agenda in UP elections?
- Reliance Jio's tariff plan from April 1; voice calls, roaming to be free: Mukesh Ambani
- BMC exit poll: BJP predicted to score big in neck-and-neck battle with Shiv Sena
- How Kashmiris use children for 'meri jaan Pakistan' type 'freedom struggle' - WATCH
- Reliance Jio Prime Membership at Rs 99: All you need to know about the plan
- 'Intolerance brigade' attacks Zee News' #FatehKaFatwa host Tarek Fateh - WATCH