U.S. Supports “Passage to Prosperity: India-Afghanistan International Trade and Investment Show” Opening in Mumbai

Press Release Shim

Speeches Shim

U.S. Supports “Passage to Prosperity: India-Afghanistan International Trade and Investment Show” Opening in Mumbai
U.S. Supports “Passage to Prosperity: India-Afghanistan International Trade and Investment Show” Opening in Mumbai
USAID/Afghanistan

For Immediate Release

Wednesday, September 12, 2018

Mumbai – September 12, 2018, The second annual four-day “Passage to Prosperity: India-Afghanistan International Trade and Investment Show” opened today in Mumbai, India. Sponsored by the United States government through the U.S. Agency for International Development (USAID) the international forum is designed to showcase Afghan business and investment opportunities and bolster trade.

This year there are more than 2,000 Afghan, Indian, U.S. and other international businesses participating in the show, including more than 200 Afghan businesses, 1,200 Indian business leaders, and 100 international firms. The show showcases the best of Afghan products, services, and business opportunities in luxury goods, agriculture, energy, health, education, mining and heavy industry, and more.

Held at the JW Marriott – Mumbai Sahar Hotel, the show features panel discussions on doing business in Afghanistan’s trade sectors, exhibition booths showcasing and promoting Afghan businesses and products, and “match matching” opportunities designed to bring together Afghan, Indian, and international businesses forging trade agreements at the event.

U.S. Chargé d’Affaires to India MaryKay Carlson said, "Strong commercial partnerships contribute to increased employment in each country. They expand trade and create more investment opportunities. The Governments of Afghanistan and India are committed to deepening their relationship and increasing economic trade and investment. The U.S. Administration appreciates India's important contributions to stability in Afghanistan, especially in the area of economic assistance and development. This event helps fulfill commitments our leaders made to the citizens of all three countries. We look forward to the strengthening of the centuries-old ties and cooperative relationships between India and Afghanistan."

Other prominent speakers include U.S. Ambassador to Afghanistan John R. Bass, Afghan government Chief Executive Dr. Abdullah Abdullah, Afghanistan’s Acting Minister of Finance, Dr. Mohammad Humayon Qayoumi, Chairman and CEO of Ghazanfar Group, Mohammad Ismail Ghazanfar, CEO and Managing Director of India’s Tata Power, Praveer Sinha, and Maharashtra State Minister of Industries, Subhash Desai. A number of other Afghan and Indian government officials and business leaders are scheduled to participate in panel discussions.

Opening day panels are focused on the theme of doing business in Afghanistan, by featuring international business leaders that have successfully invested in Afghanistan. Opening day activities will also include a cultural presentation, “Afghan Treasures,” that highlights the best of Afghanistan’s Silk Road heritage.

For more information about the “Passage to Prosperity: India-Afghanistan Trade and Investment Show”, please visit https://www.passage2prosperity.com/

About Passage to Prosperity

Passage to Prosperity is an international India-Afghanistan trade and investment event sponsored by the United States government through the U.S. Agency for International Development (USAID) in cooperation with the Government of India and the Government of Afghanistan. This second annual event serves as a platform for Afghanistan to showcase products, services, and investment opportunities to Indian, regional, and international businesses. This event offers a unique opportunity for international businesses to connect directly with Afghanistan’s private sector and lays the foundation to develop stronger economies, generate employment opportunities, and build deeper economic bonds between participating countries.

About USAID

USAID is the U.S. government’s premier international development agency. USAID's work advances U.S. national security and economic prosperity through strategies for self-reliance and resilience.