A Chinese company has signed an oil extraction deal with Afghanistan's Taliban | CNN Business

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The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin

as the radical Islamist group attempts to bolster the South Asian nation’s increasingly impoverished and isolated economy. The agreement with China’s Xinjiang Central Asia Petroleum and Gas Co is the first major international energy extraction deal the Taliban has signed since taking control of Afghanistan in 2021.

In addition to other minerals, oil is the wealth of the Afghan people on which the economy of the country can rely,” Baradar said. According to the contract, the Chinese firm will invest up to $150 million a year, which will increase to $540 million in three years. “The project directly provides job opportunities for 3,000 Afghans,” the statement said. While no country has officially recognized the Taliban, China has substantial investment in the region.

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Twitter files. CNN.

More power to china the only trustworthy country to rely on

Allah da oil there

What is your president doing about DEFENDING THE BORDER? HE SWORE AN OATH TO DEFEND IT.... Border patrol agents are getting shot and killed but nothing said about them and local law enforcement....

this is just the beginning, Afghanistan also has the world's largest Lithium reserves and China wants and will get all that!

Hunter still making deals

Christ

Lets see if China takes over for the West & feed their people. They took farmland away from farmers so there is less hope being self sufficient. China can either help them survive in 10-12 years or take everything that is valuable and leave them with nothing after its all gone.

will they be mentioning whats happening to the women in Afghanistan...

As usual Chinese are defending Talibans

biden creates vacuum, china comes in...this needs investigation... wonder if hunter is hunting for oil along with china in afghanistan.

Didn’t see this coming 👀👀👀🥸

What an oily deal. The future is slippery for both.

Made in Afghanistan 🚗 Car

❌👎🤟

This is a illegal agreement.

Good for them!

This was always going to be china's turn in Afghanistan. It'll end the same way

CN want to deal IND exchange in AFG Forex as branching is less in the CPEC. UAE may service Oil total more, US may reassign loan market in QAT, it will be $63 Billion a year, this is additional. XHNews MiddleEastEye AlMonitor CNBCArabia FoxBusiness

Well done china

Hope the partnership brings prosperity for the unfortunate country that was invaded by every superpower of the past 100 yrs to ruthlessly slaughter people. Afghans however made sure that no superpower leave with pants on!

Predictable 😂

Of course they did...

Deal syekh...

Of course.

Huh? Chinese officials wear face masks for protection....and Taliban leadership were 15th century togs for backward thinking. Guess who will be making the money off this deal...

While Biden begs the Saudis and others for oil 🤡

Designed in Washington, D.C. Assembled in Afganistan Signed by China 😂

The US will be buying oil from the Taliban in 5 years

America has freely handed China the super power title. Now you know why dems didn't hold China accountable for a virus leak because......

Joe Biden compromised by the Chinese government, 10% to the big guy? Truth or conspiracy theory? This would explain the hasty withdrawal from afghanistan.

If anyone sees this is there anyone out there willing to help me keep a 20 year old Native American from going homeless. Just needs a little help to survive a week

22 y/o MansourDehmardeh, arrested in Zahedan protests, is sentenced to death on a charge of “Corruption on Earth.” Mansour, who has a physical disability, has been harshly tortured since his arrest; they broke his teeth & his nose. His life is in danger! MahsaAmini

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