AfghanistanEconomy & DevelopmentNews

Russian Companies Eager to Invest in Afghanistan’s Iron Mines

DIDPress: Afghanistan’s Ministry of Mines and Petroleum under the interim government has welcomed the interest of Russian companies in developing iron mines and other mineral resources.

Following the expansion of trade relations between Russia and Afghanistan’s interim government, Russian investors have expressed their willingness to invest in the country’s iron mining sector.

In a meeting attended by Hidayatullah Badri, acting Minister of Mines and Petroleum, the head of a Russian company expressed readiness to cooperate in developing Afghanistan’s iron mines.

Highlighting his company’s experience and modern mining equipment, he emphasized their intention to invest in this sector.

Hidayatullah Badri welcomed the move and promised full cooperation in facilitating such investments.

The Ministry of Mines and Petroleum had already announced that Russian investors are also interested in Afghanistan’s gold and emerald mines.

These developments come as Russia recently removed the Taliban from its list of banned organizations—a move aimed at strengthening trade and transit ties with Afghanistan.

Russia is also pursuing strategic connectivity through Afghanistan to South Asian countries, particularly India and Pakistan.

Trade volume between Afghanistan and Russia has significantly increased over the past three years compared to the republic period. 

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