Taliban Claims to Sign $6.5 Billion in Mining Contracts with Chinese and Others

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The Taliban signed contracts it claimed were worth $6.5 billion with Chinese, British, Iranian, and Turkish mining companies.

the corrupt U.S.-backed government. The Taliban is currently the uncontested government of Afghanistan despite no foreign state formally recognizing it as such.

Insert: President Joe Biden speaks about the situation in Afghanistan in the East Room of the White House on August 26, 2021, in Washington, DC . from its allies to unfreeze Afghan government assets held abroad and lift sanctions in the name of offering humanitarian aid to the Afghan people.on Thursday that the mining deals would hand over control of seven mines to the highest bidders. Six of the companies listed are Afghan corporations, but some received approval to mine the territories in question along with foreign partners.

 

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The Taliban say they have signed mining contracts worth $6.5 billion in AfghanistanThe Taliban say they have signed mining contracts worth billions of dollars in Afghanistan. They've been courting foreign investment since their takeover two years ago to revitalize the economy, pinning their hopes on the country’s vast and untapped mineral resources.
Source: AP - 🏆 728. / 51 Read more »

Afghanistan's Taliban signs mining contracts worth $6.5BThe seven contracts, which include the extraction and processing of iron ore, lead, zinc and gold in four provinces, are with locally based companies, many of whom have foreign partners in countries including China and Iran.
Source: trtworld - 🏆 101. / 63 Read more »