City
Epaper

China aims to exert influence on Afghan mining sector via investments

By ANI | Updated: April 28, 2024 12:00 IST

Kabul [Afghanistan], April 28 : Ever since the Taliban seized power in Afghanistan, China has kept its aim sharp ...

Open in App

Kabul [Afghanistan], April 28 : Ever since the Taliban seized power in Afghanistan, China has kept its aim sharp at the country's mining sector through its investment initiatives, thus ensuring an influence on it, reported Khaama Press.

Beijing, has notably, focused on the country's vast mineral deposits since the Taliban gained control of Afghanistan.

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.

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 27. Bilal Karimi pledged to spare no effort in attracting Chinese investors.

Chinese companies have expressed a keen interest in exerting influence through economic and mining investments, spanning sectors such as oil, copper, and even lithium, reported Khaama Press.

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 in a quest to deepen its presence in Afghanistan's resource-rich landscape of the nation.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalFS Vikram Misri to visit US tomorrow, review bilateral ties, advance cooperation

EntertainmentKaran Mehra, Rohan Mehra, Ashnoor Kaur meet, mark Yeh Rishta Kya Kehlata Hai reunion

NationalRajasthan judges turn teachers to raise cybersecurity awareness in schools

NationalExpelled Cong leader Navjot Kaur Sidhu launches political outfit Bharatiya Rashtrawadi Party

BusinessIndia tops Asia-Pacific investment rankings, attracts strong LP interest: McKinsey

International Realted Stories

InternationalForeign Secretary Vikram Misri's US visit to see discussions on global developments, bilateral ties

InternationalBird flu spreads across four districts in Nepal

InternationalAmbassadors Kwatra, Gor discuss enhancing India-US strategic ties

InternationalFrom Islamic NATO ambition to isolation: Asim Munir’s strategic failures deepen

InternationalStrikes on Iran's infrastructure may hurt civilians more: Atlantic Council