BBC NEWS
BBCi CATEGORIES   TV   RADIO   COMMUNICATE   WHERE I LIVE   INDEX    SEARCH 

BBC News UK Edition
 You are in: Business  
News Front Page
World
UK
England
N Ireland
Scotland
Wales
Politics
Business
Market Data
Your Money
E-Commerce
Economy
Companies
Fact Files
Entertainment
Science/Nature
Technology
Health
Education
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
CBBC News
SERVICES
-------------
EDITIONS
Friday, 3 May, 2002, 23:11 GMT 00:11 UK
US restores Afghan trade privileges
Afghan man works on a new waterway in Kabul funded by European Union money
Rebuilding the Afghan economy is a mammoth task
US President George W Bush has given the order to resume normal trading with Afghanistan after a gap of 16 years.

Normal Trade Relations (NTRs) privileges will be applied to imports from Afghanistan when the order takes effect in about a month's time.

The imports will have the same low-tariff access to US markets as goods from all but a handful of countries.

US President George W Bush
Bush wants to normalise relations with Afghanistan

Mr Bush said that by normalising trade the US would help to rebuild the south Asian state's shattered economy.

NTRs were suspended on 31 January 1986 by then-President Ronald Reagan in response to the Soviet occupation of Afghanistan.

The suspension remained in effect through the subsequent civil war and rule by the hardline Islamic Taleban, who were ousted last winter by US-led forces.

"I have determined that it is appropriate to restore NTR treatment to the products of Afghanistan," said Mr Bush on Friday in a message to the US Congress.

"Restoration of NTR treatment will support US efforts to normalise relations with Afghanistan and facilitate increased trade with the United States, which could contribute to economic growth and assist Afghanistan in rebuilding its economy."


Rebuilding

Political uncertainty

Profiles

Issues

FACT FILE

IN DEPTH

FORUM

TALKING POINT
See also:

21 Mar 02 | Business
19 Sep 01 | Business
04 Feb 02 | South Asia
03 Feb 02 | South Asia
15 Feb 02 | Country profiles
08 Jan 02 | South Asia
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC ^^ Back to top

News Front Page | World | UK | England | N Ireland | Scotland | Wales |
Politics | Business | Entertainment | Science/Nature | Technology |
Health | Education | Talking Point | Country Profiles | In Depth |
Programmes