Kabul: The Afganistan Ministry of Foreign Affairs (MoFA) said that the China–Pakistan Economic Corridor will connect Afghanistan to the region and European countries.
The deputy spokesman for MoFA, Hafiz Zia Ahmad Takal, said there is a need for the implementation of major economic projects in Afghanistan.
“The Islamic Emirate will be able to connect with the Belt and Road Initiative (BRI). The Islamic Emirate will be able to attract investment via this project to Afghanistan and here. There will be good progress in the iron sector, the energy-producing sector, and other industries,” he said.
This comes as the Afghanistan Chamber of Commerce and Investment (ACCI) believes that the inclusion of Afghanistan in CPEC will boost the economy and trade rates in Afghanistan.
“The project is an economic and regional project and this will help us stop being dependent on others. It will begin, we admire the statement released in this regard,” said Khanjan Alokozai, a member of the ACCI.
Meanwhile, some traders believe that CPEC will cause an increase in exports from Afghanistan.
“The corridors which have recently been established between China, Pakistan, and Afghanistan open new doors, in fact, it can help Afghanistan economically,” said Qutbuddin Yaqoobi, an economist.
China has reportedly invested more than $40 billion in the CPEC project and is seeking to extend its commerce via CPEC with regional and other countries.
