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☆ Taliban seeks economic self-sufficiency and foreign investment for Afghanistan, minister says
▼ + stars: | 2023-01-02 | by ( Mohammad Yunus Yawar | ) www.reuters.com time to read: +3 min

KABUL, Jan 2 (Reuters) - The Taliban administration will encourage self-sufficiency and wants international trade and investment, the acting commerce minister said, as Afghanistan faces isolation and suspension of some humanitarian operations over restrictions on women. Another part of their strategy was to boost trade and foreign investment, he said. He said that countries including Iran, Russia and China were interested in trade and investment. Already facing a lack of formal recognition and sanctions hampering the country's banking sector, investors are faced with growing security concerns after attacks on foreign targets in Kabul, claimed by the Islamic State. He added that foreign investors were showing interest in Afghanistan's mining sector, which has been valued at more than $1 trillion.

CNN —A top Iranian official has said that the nation’s mandatory hijab law is being reviewed, as state media played down the same official’s claim that the country’s much-feared morality police force had been “abolished” amid ongoing protests. Montazeri was also quoted as saying on Saturday that Iran’s morality police had been “abolished,” but Iranian state media strongly pushed back on those comments, saying the interior ministry oversees the force, not the judiciary. The wearing of a hijab in public is currently mandatory for women in Iran under strict Islamic law that is enforced by the country’s so-called morality police. Her death on September 16 touched a nerve in the Islamic Republic, with prominent public figures coming out in support of the movement, including top Iranian actor Taraneh Alidoosti. “But no official of the Islamic Republic of Iran has said that the Guidance Patrol has been shut,” Al-Alam said Sunday afternoon.

REUTERS/Ali KharaKABUL, Sept 27 (Reuters) - The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters. Azizi said the deal would involve Russia supplying around one million tonnes of gasoline, one million tonnes of diesel, 500,000 tonnes of liquefied petroleum gas (LPG) and two million tonnes of wheat annually. The office of Russian Deputy Prime Minister Alexander Novak, who is in charge of oil and gas, also did not immediately respond. He said Afghanistan also received some gas and oil from Iran and Turkmenistan and had strong trade ties with Pakistan, but also wanted to diversify. The European Union will ban Russian crude imports by Dec. 5 and Russian oil products by Feb. 5.

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☆ Taliban on the cusp of securing wheat, gas, and oil deal with Russia, officials say
▼ + stars: | 2022-08-31 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Taliban-led Afghanistan is set to strike a deal with Moscow soon on imports of oil and gas. Reuters cited a spokesperson from Afghanistan's ministry of economy, Habiburahman Habib, who confirmed that the officials were negotiating contracts for wheat, gas, and oil. The European Union has similarly urged its members to split from Russian oil, coal, and gas, with European Commission President Ursula von der Leyen saying that EU countries "simply cannot rely on a supplier who explicitly threatens us." Afghanistan is not the only country to have boosted its energy imports from Russia. Saudi Arabia doubled its Russian oil imports in July, while Cuba started buying Russian oil that same month.

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