China seeks increased investment in Afghanistan’s Mines: Official
Since the Taliban gained control of Afghanistan, China has focused on the country’s vast mineral deposits, aiming to exert influence through economic and investment initiatives in the mining sector. The Taliban ambassador to China, in a meeting with the Minister of Mines and Petroleum of the group, stated that China desires further investment in Afghanistan’s […]
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Since the Taliban gained control of Afghanistan, China has focused on the country’s vast mineral deposits, aiming to exert influence through economic and investment initiatives in the mining sector.
The Taliban ambassador to China, in a meeting with the Minister of Mines and Petroleum of the group, stated that China desires further investment in Afghanistan’s mines.
Shahabuddin Delawar also claimed that creating investment opportunities would be conducive to “100%” inside Afghanistan.
According to the Ministry of Mines and Petroleum’s social media platform X, the Taliban’s ambassador to China, Bilal Karimi, and Shahabuddin Delawar, the Minister of Mines and Petroleum of this group, met on Saturday, April 27th. Bilal Karimi pledged to spare no effort in attracting Chinese investors.
Delawar considered contracts in copper mines, the Amu Darya oil field, gold sites, and the second phase of the Mes-e-Aynak copper mine with China to be valuable and claimed that investment conditions in Afghanistan’s extractive industry sector have improved.
The Taliban’s Minister of Mines also claimed to have made the process “100%” conducive within Afghanistan by creating investment opportunities.
He also stated that all national and international investors could invest in Afghanistan’s mineral resources. The Taliban’s ambassador to China also spoke of his meetings with the leadership of contractual companies in the Amu Darya oil field and the Mes-e-Aynak copper mine in China, adding that Chinese investors are eager to invest more in Afghanistan’s mines.
Since the Taliban assumed power, Chinese companies have expressed a keen interest in exerting influence through economic and mining investments, spanning sectors such as oil, copper, and even lithium. Their eagerness to invest in Afghanistan’s mineral wealth underscores their strategic interest in its resources.
Last year, China made a substantial proposal to Afghanistan’s Ministry of Mines and Petroleum, offering to invest a significant sum of 10 billion dollars. This investment offer reflects China’s ambition to deepen its economic ties and assert its presence in Afghanistan’s resource-rich landscape.
Notably, Bloomberg reports that the value of Afghanistan’s lithium resources alone could range from 1 to 3 trillion dollars. This immense potential underscores the significance of Chinese interest in Afghanistan’s mineral sector and highlights the substantial economic opportunities that lie within the country’s borders.
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