August 19, 2021
1 min read

China to mine rare earth minerals in Afghanistan: US Congressman

Afghanistan is facing its worst-ever crisis in decades as the country’s government fell on Sunday and President Ashraf Ghani fled the country soon after the Taliban entered Kabul….reports Asian Lite News

China is set to move to Afghanistan to mine rare earth minerals, media reports said quoting a US Congressman on Tuesday.

“China will be moving in. There are rare earth minerals in (Afghanistan). I don’t know why we didn’t work with the Afghans to develop that, but we never did. And now, you’re going to have China going in mining these rare earth minerals,” Sputnik quoted Ranking Republican on the US House Foreign Affairs Committee Michael McCaul as saying on Tuesday.

“As a result, China is the winner and the United States is the loser in this situation as are the Afghan people. The Taliban will have a huge windfall profit from this that they’ll put into terrorist financing,” he added, Sputnik reported.

Former US president Donald Trump in 2007 agreed with the Afghan government that to rapidly develop Afghanistan’s rare-earth minerals through US companies as a way to offset the costs of the war there.

Afghanistan is facing its worst-ever crisis in decades as the country’s government fell on Sunday and President Ashraf Ghani fled the country soon after the Taliban entered Kabul.

The terror group now controls the capital and has declared its victory over the government. (ANI)

ALSO READ: Thousands stranded in Afghanistan as Kabul airport shuts ops

Previous Story

Jaishankar, Estonia counterpart exchange views on Afghan crisis

Next Story

UK to accept 20k Afghan refugees

Latest from -Top News

WHO adopts Global Pandemic Agreement

The agreement seeks to boost international coordination and ensure equitable access to life-saving tools during future pandemics, while reaffirming respect for national sovereignty in public health decisions In a move aimed at

UK-East Africa trade forum to kickstart investment

UK hosts first-ever forum dedicated to trade and investment with East Africa, including announcements on cross-border trade and electric motorbikes The UK has announced two investments in East Africa to de-risk cross-border

First detection of West Nile virus in UK

West Nile Virus is a vector borne disease belonging to the Flaviviridae family, which also includes the viruses that cause dengue and yellow fever A research programme by the UK Health Security
Go toTop

Don't Miss

Beijing asks Pakistan to stop attacks on its nationals

The Chinese demand came in a meeting of senior officials

China inks security pact with Solomon Islands despite warning

Australia said that China has intentions to build a naval