RASC News

Rudabe Applied Studies Center

  • Home
  • Afghanistan
  • World
  • Arts & Culture
  • History
  • Business
  • Sport
  • Women Studies
  • Videos
  • Photos
  • About
  • English
    • العربية
    • English
    • Français
    • Deutsch
    • پښتو
    • فارسی
    • Русский
    • Español
    • Тоҷикӣ
RASC NewsRASC News
  • Home
  • Afghanistan
  • World
  • Arts & Culture
  • History
  • Business
  • Sport
  • Women Studies
  • Videos
  • Photos
  • About
Follow US
© 2023 RASC. All Rights Reserved.
RASC News > Afghanistan > The Taliban Ministry of mines and petroleum Executes 53 Mining Contracts in 1402
AfghanistanNewsWorld

The Taliban Ministry of mines and petroleum Executes 53 Mining Contracts in 1402

Published 14/10/2023
The Taliban Ministry of mines and petroleum Executes 53 Mining Contracts in 1402
SHARE

RASC News Agency: The Ministry of Mines and Petroleum of the Taliban group has officially announced the signing of memoranda for the extraction of 53 mines, amounting to a total value of seven billion dollars, for this year. These agreements have been entered into with both domestic and foreign companies, specifically targeting the sectors of mineral extraction, iron, lead, and precious stones.
According to officials from the Ministry of Mines and Petroleum, the Taliban group has been entrusted with the mining operations of nine large-scale mines and forty-four small-scale mines, which will be managed by mixed companies. It is important to note that contracts for the extraction of large mines have been signed with both domestic and foreign companies, while small mines have been exclusively contracted to domestic companies.

Taliban group officials have emphasized that one of the conditions set by the Ministry of Mines and Petroleum for contracted companies is the requirement to process raw materials within the country. This stipulation aims to promote local economic development and ensure the maximum benefit for the Afghanistani people.
However, experts within the country have raised concerns over the actions of the Taliban group, viewing them as a exploitative form of mining that goes against societal moral standards. Reports suggest that the Taliban heavily relies on mining and the sale of minerals as their primary source of income, which they use to sustain their regime. Unfortunately, it has been observed that the funds generated from mining activities in Afghanistan are primarily utilized for personal purposes by the Taliban group, rather than being directed towards the country’s development and addressing national issues.

Furthermore, it has been revealed that the Taliban group has chosen to employ religious scholars, such as Mullahs and Maolawians, to oversee the mining process instead of qualified professionals. This decision has raised concerns about the lack of expertise and proper management within the industry.

EnNews 14/10/2023

Follow Us

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Related Articles
AfghanistanNews

Two Farmers Shot Dead in Nangarhar

22/08/2024
George W. Bush Institute Urges Granting of Permanent Residency to Afghanistanis Facing Grave Risks
Taliban Detain Journalist in Kabul
Rina Amiri Concludes Her Mission as U.S. Envoy for Afghanistani Women and Human Rights
Afghanistan Narcotics on Indian Borders: Indian Navy Seized a Consignment of Afghanistan Narcotics
- ADVERTISEMENT -
Ad imageAd image
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus a odio ex.
English | Français
Deutsch | Español
Русский | Тоҷикӣ
فارسی | پښتو | العربية

© 2023 RASC. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?