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

Other SportsIPL 2025: Playing against CSK in Bengaluru is most exciting environment I’ve been a part of, says Kohli

EntertainmentThis is what Geeta Kapur has to say about reality shows being scripted or not

BusinessKUCHE7 and Farah Khan Launch Luxe Indian Kitchen Line

NationalWill become suicide bomber for India in war against Pakistan: K'taka Minister Zameer Khan’s statement goes viral

BusinessCBDT notifies new ITR form 5 for 2025-26 with key updates

International Realted Stories

InternationalIndia bans all imports from Pakistan amid rising tensions

InternationalPakistan Federal Union of Journalists voices alarm over deteriorating press freedom

InternationalPolling begins in Singapore's general election

InternationalPrez Lourenco-PM Modi's talks will chart new avenues of growth between India-Angola: S Jaishankar

InternationalEAM Jaishankar says, talks between PM Modi, Angolan President Lourenco will boost India-Africa ties