Importance of Afghanistan to World Trade

Afghanistan, referred to as the Heart of Asia, is a predominantly mountainous country with plains in the southwest and in the north. Human inhabitation of Afghanistan began during the stone age. Its strategic location along the historic Silk Road had made it a target of multiple military invasions including the Persians, Greek, Mongals, British, Russians and the Mauryans from India.

Despite being a landlocked country, Afghanistan is geographically a hub where South Asia, Central Asia and West Asia meet. It is the main corridor for trade in these three regions. While South Asian countries are overpopulated and always looking to import energy (petroleum and coal), Central Asia is rich in energy resources. Thus, Afghanistan achieves a strategic importance by offering an important direct route of access to South Asian countries.

With massive sanctions against Russia and Iran, a stable and peaceful Afghanistan can provide an alternative route for transporting oil and natural gas from the fuel rich Central Asian countries the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline. The TAPI pipeline is of strategic importance as it is an energy route will give access to modern, sustainable and reliable energy to member states.

Apart from being in a strategically important location, Afghanistan is also important for the fact that it exports Gold, grapes, nuts, tropical fruits, raw cotton, carpets, blankets and rugs. Afghan carpets and rugs are in great demand across the globe. Afghanistan also produces world famous traditional non-alcoholic beverages that are in high demand. It is also rich in resources like copper, gold, oil, natural gas, uranium, bauxite, coal, iron ore, rare earths, lithium, chromium, lead, zinc, gemstones, talc, sulphur, travertine, gypsum and marble. These exports go a long way in promoting international trade.

The other facet of contribution to international trade is Afghan imports. Afghanistan mainly imports petroleum products, wheat, peat and machinery and equipment.

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Baaz Money offers payouts in three currencies (AFN, USD and PKR). The ease of transacting cash coupled with the option of choosing the currency in which to transact makes Baaz Money the best way to send money to Afghanistan.