New Delhi, June 24 -- The Associated Chambers of Commerce and Industry of India (ASSOCHAM) signed a Memorandum of Understanding (MoU) with the Afghanistan Chamber of Commerce and Investment (ACCI) to boost bilateral trade and strengthen historical economic ties between the two nations. The agreement focuses on expanding private sector cooperation and identifying new investment channels, with a particular emphasis on natural resources and manufacturing.

Speaking to the media after the MoU signing ceremony in New Delhi, ASSOCHAM President Nirmal Kumar Minda stated that the agreement serves as a framework to modernize and scale long-standing commercial relations.

"Our relationship with Afghanistan is centuries-old," Minda said. "To give a ...