• News/Talk
  • Music
  • Entertainment

Marketplace

Thursday, November 15, 2007

Listen to the show

Afghan business group eyes fruitful talk

U.S.-Afghan business conference image

The Afghan-American Chamber of Commerce is trying to increase foreign investment in Afghanistan. They're not having much luck while the shooting's still going on, but they've got some ideas they're working on. Paul Brandus reports.

Promotional image for U.S.-Afghan Business Matchmaking Conference (Afghan-American Chamber of Commerce)

More on Entrepreneurship, International, Asia

TEXT OF STORY

KAI RYSSDAL: The Afghan American Chamber of Commerce met in Washington this week. A quick rundown of the list of invitees gives you some idea of what was on the agenda. Carlos Gutierrez, the Secretary of Commerce, was there, Afghan business leaders, American trade and development officials too. The Chamber's trying to up foreign investment in Afghanistan. They're not having much luck while the shooting's still going on. But they've got some ideas they're working on.

Paul Brandus has more.


PAUL BRANDUS: Could it be that the U.S. strategy for winning the "War on Terror" depends on almonds, apricots and pomegranates?

JIM KUNDER: Right now we think the practical thing is to take the low-hanging fruit, literally and figuratively. Afghan farmers are past masters at growing certain kinds of crops profitably.

That's Jim Kunder of the U.S. Agency for International Development, who's helping Afghan farmers export fruits and nuts. But he acknowledges Afghan farmers are masters at growing another crop too -- poppy. Poppy accounts for a third of Afghanistan's GDP. It's also used to make opium and heroin and helps finance the Taliban's war against the U.S. And that's where the War on Drugs intersects with the War on Terror, says Bill Piper of the Drug Policy Alliance.

BILL PIPER: Current U.S. policy towards the poppy fields in Afghanistan, just going in and burning them down and alienating the farmers, is driving a lot of Afghan people into the hands of our enemies.

Why destroy poppy, asks Piper, when it can be used to make legal drugs that are in demand around the world, like Vicodin and Oxycontin? The European parliament agrees. It's proposing to work with the Afghan government to use poppy for legal medicinal uses. That's a strategy it says would also dent the Taliban's financing.

The U.S. government's Kunder says the idea is interesting, but it's not something the administration is considering now. Other countries are getting into the poppy-for-medicine business, notably Turkey and Australia. They're growing it on their own.

In Washington, I'm Paul Brandus for Marketplace.

Music From This Show

  • Merchandise Fugazi Buy
  • The Beginning After the End Stars Buy
  • Drugs L'il Kim Buy
  • Humble Peasants The Most Serene Republic Buy

The Specials

INTERACTIVE: PAC Men

Leadership PACs are the main fund-raising tool for most lawmakers. Find out how they raise and spend all that money.

BLOG: Getting Personal

Marketplace Money answers your personal finance questions. Submit yours now.

GAME: Budget Hero

Think you could balance the federal budget? Play the game.

BLOG: The Greenwash Brigade

Environmental professionals scrutinize eco-friendly claims by businesses, governments and groups. Check out their reports.

ELECTION 2008: State your issues

Are the candidates addressing issues that matter to you? Help us report on the campaigns. Share your thoughts.

SPECIAL REPORT: The Middle East @ Work

No region outside the U.S. affects our pocketbooks, politics and portfolios more. See our special coverage from Cairo and Dubai.

Conversations from the Corner Office

Marketplace goes one-on-one with CEOs, company founders, head honchos...

Sit in

Working

Intimate profiles of workers in the global economy.

Meet them

Marketplace on iTunes U

Marketplace is on Apple's online education platform, iTunesU. Get free downloads in subjects like History, Science, Business and more. Study up

 ©2008 American Public Media