According to the contract, the Chinese company will invest $150 million in the first year which will increase to $540 million in three years.
The first major foreign investment deal since the Taliban seized power in Kabul in 2021 was signed on Thursday by acting Minister of Mines and Petroleum Sheikh Shahabuddin Delawar and an official of Xinjiang Central Asia Oil and Gas Company in a ceremony held at the capital Kabul. “Recently, several projects were approved by the Economic Commission, and with their undertaking, fundamental steps will be taken for the prosperity of the country and public welfare,” state-run Bakhtar News Agency quoted Baradar as saying.
Speaking on the occasion, the Chinese envoy called the deal important for the economic growth of the war-torn country and a positive step towards close relations between Kabul and Beijing.
ankitatIIMA kashgar via 'wakhan corridor' to chahbahar
A group that claims to be the only true Islamic Goverment in the world is trying to be friends with a country that is committing genocide of it’s Muslim population.
China is fully supporting the extermination of muslim womens and their plights Zebaism cjwerleman Maira_4 PrivacyReason _garrywalia _sayema
A situation similar to what China did to Pakistan is also happening in Afghanistan. Türkiye should not leave Afghanistan to China.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: trtworld - 🏆 101. / 63 Read more »