Taliban seeks economic self-sufficiency and foreign investment for Afghanistan

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Countries interested in trade and investment in Afghanistan include Iran, Russia and China, says Taliban’s acting commerce minister

The Taliban administration will encourage self-sufficiency and wants international trade and investment, the acting commerce minister said, as Afghanistan faces isolation and suspension of some humanitarian operations over restrictions on women.

Already facing a lack of formal recognition and sanctions hampering the country’s banking sector, investors are faced with growing security concerns after attacks on foreign targets in Kabul, claimed by the Islamic State. He added that foreign investors were showing interest in Afghanistan’s mining sector, which has been valued at more than $1 trillion. He said that an iron mine in western Herat and a lead mine in central Ghor province had seen 40 companies take part in an auction and that the results would be announced soon.

 

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