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It's the Economy... Even in Afghanistan

Author: Gayle Tzemach Lemmon, Senior Fellow for Women and Foreign Policy
June 28, 2012
Foreign Policy

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Americans are not alone in worrying that their economic futures are headed in the wrong direction. Afghans, too, fear that the next several years will bring a business tailspin that will see recent gains eked out by small and medium companies dissolve amid security woes and a sharp pullback in international largesse and, of course, foreign forces.

The "light of a new day" may be "on the horizon," as President Obama announced this May from Bagram Air Base, but Afghan entrepreneurs want to make sure their start-ups survive the changes that will accompany whatever comes next. This Thursday 50 such business-owners, 12 women among them, will gather at an investment conference in New Delhi hosted by the Confederation of Indian Industries with support from the Confederation of Women Entrepreneurs in India (CWEI).

The goal is to promote private sector investment in Afghan firms that will increasingly be seen as growth anchors for their country going forward. Companies descending on India this week in search of dollars range from big mining entities to smaller but growing entities including software, carpet-making, and media ventures. Outside Afghanistan few may think of the war-plagued nation as a small-business or start-up hub, but the resourcefulness of the dogged entrepreneurs I have covered these past seven years matches that of any I have interviewed in other countries, rich or poor. Afghan businessmen and women will need every bit of this determination as they confront the uncertainty of the coming years. And it is in America's and NATO's interests that they succeed.

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