August 28, 2022
2 mins read

Taliban to strike energy deals with Russia

The trade between Russia and Afghanistan faced blows as the duo are under sanctions…reports Asian Lite News

As the world witnesses a catastrophic energy crisis with the ongoing war in Ukraine, Talibani officials said that they are close to striking a deal with Moscow over the import of Russian oil and gas, media reports said.

The Taliban’s Ministry of Commerce and Industry said in a newsletter published on Friday, August 26, that their delegation’s visit to Moscow included talks about attracting Russian investors to Afghanistan and reaching an agreement for the purchase of oil and gas from Russia, reported Khaama Press.

This comes as Russian and Afghan banks are under sanctions from western nations. In view of this situation, Nooruddin Azizi, the Taliban’s Minister of Commerce and Industry, has stated that it is likely that the payments will go through a third country. However, he refrained to comment whether as to which country will facilitate the deal.

Moreover, as per the Talibani Minister, Azizi, who was quoted in the newsletter, the technical elements of the agreement have not yet been finalized and a team is still in Moscow to finalize them.

The trade between Russia and Afghanistan faced blows as the duo are under sanctions. The process of transporting oil from Moscow to Kabul has proven to be rather difficult, as per the media portal.

According to reports, Russia and Afghanistan already trade a total of roughly USD 200 million in goods annually. Afghanistan already imports most of its food and oil from Russia.

The agreement was reached at a time when tensions are high; the West is looking for alternate sources of energy to Russian gas to avert a severe energy shortage when international sanctions are in place for both the Taliban and Russia.

Earlier, Foreign Minister of Russia Sergey Lavrov met Foreign Minister of Afghanistan Amir Khan Muttaqi and said his country is worried about the spread of terrorism from central Asian countries, reported The Khaama Press.

“Plans and programs of Islamic State (ISIS) and their supporters to destabilize central Asian countries and then Russia is quite concerning. Formation of Ansarullah Fraction and Islamic Movement of Uzbekistan on border sides of Afghanistan and Tajikistan are signs of threat,” said Lavrov.

Meanwhile, the Foreign Ministry of Afghanistan has not made comments about the issue yet. (ANI)

ALSO READ: Taliban block 23 mn websites in Afghanistan

Previous Story

Closure of women’s park sparks uproar in Pakistan

Next Story

Afghan women restricted to leave Kabul for studies

Latest from -Top News

Europe Seeks Peace in Gaza

European countries condemn Israeli interception of Gaza-bound flotilla, demand safety of citizens…reports Asian Lite News Israel’s interception of an international flotilla carrying humanitarian aid to Gaza has sparked condemnation across Europe, with

GAZA: Egypt to Host Peace Talks

Egypt hopes the discussions will help “end the war and the suffering of the brotherly Palestinian people, which has continued for two consecutive years…reports Asian Lite News Egypt will host Israeli and

‘My Injuries Made Me’

During his four-year battle with injury, the incumbent fast bowling spearhead made occasional appearances but couldn’t bear the workload and demands of red-ball cricket….reports Asian Lite News England tearaway Jofra Archer believes

Hegseth Cuts Deep

US Defense Secretary Hegseth abruptly fired Navy Chief Jon Harrison in a major Pentagon shake-up….reports Asian Lite News US Defense Secretary Pete Hegseth abruptly dismissed Jon Harrison, the Navy Chief of Staff,

Japan Set for First Female PM

Takaichi, 64, defeated Agriculture Minister Shinjiro Koizumi in a closely contested runoff vote, succeeding Prime Minister Shigeru Ishiba as party leader….reports Asian Lite News Former Internal Affairs Minister Sanae Takaichi has won
Go toTop

Don't Miss

Taliban name Suhail Shaheen as Afghanistan’s UN envoy

“The newly introduced members of the cabinet are professional personalities

Taliban 2.0 is no different from Taliban 1.0

A February 2021 report of the UN indicates that attacks