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Taliban inks $6.5 billion mining deals in Afghanistan

Taliban signs $6.5 billion mining contracts, aims to tap Afghanistan's mineral wealth.

Taliban inks $6.5 billion mining deals in Afghanistan

Afghanistan's government Talibanhas signed seven mining contracts worth $6.5 billion, the largest since coming to power two years ago. These deals involve domestic companies partnering with foreign firms from China, Iran, and Turkey.

The contracts cover the extraction of valuable resources like iron ore, lead, zinc, and gold in four provinces. Afghanistan aims to tap into its rich mineral reserves to replace lost international aid that used to fund critical sectors. Logar province is believed to hold some of the world's largest copper deposits, making these contracts crucial for the country's financial prospects.

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