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

China Appoints New Trade Rep Amid Tariff War

Li Chenggang’s new role will be pivotal in shaping China’s trade strategy, especially as the country faces retaliatory measures and increased tariffs from the US. Amid ongoing trade tensions with the United

China Now Faces Up to 245% Tariffs from US

China rejected the US’s tariff claims, stating, “There is no winner in a tariff war”, emphasising its commitment to “joining hands, not throwing punches” and global market engagement. The ongoing trade tensions

ED Action Sparks Congress Uprising

Demonstrations held across all state capitals and district headquarters, marking a coordinated pushback against recent legal moves, including a chargesheet in the National Herald case and the continued questioning of businessman Robert
Go toTop

Don't Miss

India imposes mandatory RT-PCR tests for travellers from China

This requirement is in addition to the random 2 per

China-linked probe weakens IMF chief’s authority?

The ranking that she is accused of pressuring staff to