November 24, 2021
1 min read

China explores lithium projects in Afghanistan

The report said that five Chinese companies obtained special visas and arrived in Afghanistan early in November to conduct on-site inspections….reports Asian Lite News

Looking to ‘explore’ nearly trillion-dollar worth of rare earth materials, a group of Chinese delegations have arrived in Afghanistan on special visas and are conducting on-site inspections of potential lithium projects.

Despite growing interest from Chinese companies, major uncertainties remain in Afghanistan in terms of policy, security, the economy and infrastructure, the state media tabloid Global Times reported. The report said that five Chinese companies obtained special visas and arrived in Afghanistan early in November to conduct on-site inspections.

“[They] have arrived in the Chinatown and are conducting inspections in Afghanistan as planned,” said Yu Minghui, director of the committee, which has been helping Chinese companies explore business opportunities in Afghanistan. Yu told GT that he believes these company representatives received the first batch of special visas issued to Chinese investors.

Afghanistan flag(Pic credit wikipedia)

Back in August, Japanese newspaper Nikkei Asia had reported that China is positioning itself to be a major international partner to the Taliban after the fall of Kabul. The report added that Bejing eyes Afghanistan’s USD 1-2 trillion worth of rare Earth materials — most notably lithium.

James Stavridis, 16th Supreme Allied Commander of NATO, said that China seeks to consolidate as much control as they can over strategic supply chains for everything from microchips to electric car batteries, they want primacy in Kabul.

Experts believe that Pakistan will seek to partner with the Chinese in exploiting the mineral wealth and blocking India from a role with the Taliban regime.

For most of the 19th century, the Russian and British empires contended over Afghanistan in what was known as the Great Game. The geopolitical competition recognised the strategic position of Afghanistan, and its potential to influence South Asia. (ANI)

ALSO READ: China intensifies crackdown on celebrity culture

Previous Story

‘Nature Didn’t Make Borders Anyway, Humans Did’

Next Story

53 companies from Bogota to showcase their business prowess at Expo 2020

Latest from -Top News

Child Marriage Still Plagues Bangladesh

The UNICEF report highlights that Bangladesh has the highest rate of child marriage in Asia, with over 50 per cent of girls being married off before the age of 18 A recent

UK appoints special envoy for women 

The UK government’s Plan for Change, which forms the foundation of this initiative, is designed to foster a strong economy by creating opportunities for working women   In a landmark move aimed

Protests Sweep Pakistan Over Sindh’s Rights

Latest attacks came hours after Donald Trump said Vladimir Putin was ‘doing what anybody would do’  Russia launched a devastating attack on Ukraine on Saturday, killing at least 14 people and injuring

Zelensky Rallies Allies for War-Ending Deal

This will be the first high-level gathering of US and Ukrainian officials since the February 28 meeting between Zelensky and US President Donald Trump. Ukrainian President Volodymyr Zelensky has shared details of
Go toTop

Don't Miss

33 scanners to be installed in 12 Customs ports in Afghanistan

The scanners worth nearly $113 million will be installed in

UN report reveals Al-Qaeda operates under Taliban protection

It said the security situation remains fragile with uncertainty surrounding